Best for users who already have a Coinbase exchange account. Easy to move funds from exchange to self-custody wallet via the same company. After setup, functions like MetaMask.
Coinbase Wallet
Self-custody wallet from Coinbase the exchange. Different product — your keys, not theirs.
Important distinction: Coinbase (the exchange) holds your keys. Coinbase Wallet (this product) is self-custody — only you hold keys. Often confused. Good onramp for beginners transitioning from CEX to self-custody.
Pros
- Easy onramp from Coinbase exchange
- Clean UI
- Coinbase brand reduces friction for beginners
- NFT gallery
Cons
- Coinbase brand dependence
- Less dApp coverage than MetaMask
- US-focused features