Coinbase Wallet : Buy & Sell Bitcoin

What is a recovery phrase?

Coinbase Wallet is called a “self-custody wallet” because it’s a category of wallets designed to give you maximum control over your crypto. They also come with added responsibility. If you lose your password for your Coinbase-hosted wallet on the main Coinbase app, Coinbase can help you recover it.

If you lose the keys to your self-custody Coinbase Wallet, you lose your crypto forever— unless you have your recovery phrase (also known as a seed phrase). Don’t lose your recovery phrase! If you lose your recovery phrase, your crypto will be gone forever. Coinbase will never have access to that seed phrase or your private keys.

The recovery phrase is a string of 12 simple words that allow you to recreate your wallet on any compatible device. If you get a new device, or want to access your assets on a different device (or even via other popular blockchain wallets), it’s easy to import your recovery phrase.

To further protect your holdings, you can enable PIN codes and biometric security via the Coinbase Wallet mobile app and passwords via the Chrome extension.

Can I interact with Coinbase Wallet on my computer?

Yes! This Chrome extension allows you to interact with your Coinbase Wallet via your laptop or desktop computer.

What are some of the things I can do with Coinbase Wallet?

You can trade thousands of assets via decentralized exchanges and send crypto between blockchains using “bridges” — as well as explore a huge range of other kinds of applications, from games to NFT markets.

We’ll be rolling out a series of tutorials over the next few months to help you understand how popular apps and protocols work and what you can do with them