Alexander Anderson

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Is Coinbase Wallet safe?

Coinbase Wallet is a popular non-custodial crypto wallet that gives users full control over their private keys. Unlike storing assets on the Coinbase exchange, funds are not held by a central custodian, which increases independence but also places responsibility on the user. Security features include biometric authentication, encrypted keys, and integration with hardware wallets. However, being non-custodial means that if you lose your private key or recovery phrase, Coinbase cannot help recover your funds. The wallet is considered safe for everyday use if users follow best practices such as securing seed phrases offline and enabling additional protections.