LATEST: Coinbase Launches Smart Wallet to Encourage Broader Adoption

Coinbase is launching a smart wallet, streamlining the user experience by removing gas fees and recovery phrases. This innovation uses biometric identifications like Face ID and fingerprint scanning, integrated with major apps for seamless blockchain onboarding. It supports various networks including Ethereum and BNB Chain, promoting effortless multi-chain management.

The wallet’s companion web app offers tools for managing assets and identities, with capabilities to buy, send, swap, and handle non-fungible tokens. Promising a fluid user experience, Coinbase aims to make blockchain interactions as simple as logging into a favorite website.

Set to be available to current users in the coming months, this smart wallet not only advances ease of use but also underscores Coinbase’s commitment to removing barriers in cryptocurrency management and boosting blockchain adoption.

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