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Showing posts from April, 2023

Coinbase Wallet - Why to use and Who should use it?

  The demand for Coinbase Wallet in the market is increasing daily. New traders prefer to use this wallet more than other wallets. Why do you think it is preferred more than others? What makes it more popular? Whether you should use it or not? In this blog, we will give you the answers to all these questions that must be running through your mind. Without wasting any more time let us start today's topic of discussion. Reasons for Preference by Individuals  If you are a new trader and do not know the fundamentals of trading, then on the platform you can watch educational videos for those and complete their training program along with earning some rewards. Therefore, because of this feature individual users who are new to trading should prefer this platform, to view all the educational modules they can, before they begin their investing journey.  Even if you are a newbie you will also want to use a Wallet that has listed a large number of trading coins you can choose to trade with.  

HOW TO SET UP A COINBASE WALLET ON YOUR SMARTPHONE?

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Coinbase Wallet is a self-custody type of cryptocurrency wallet, it gives you complete control over your crypto. It allows its users to securely store, manage, and access their digital assets. With this wallet, users have full control over their private keys (that represent ownership of the cryptocurrency). The wallet also supports dApps so you can use this wallet to connect to a growing number of dApps (decentralized apps). Currencies supported by Coinbase Wallet: It supports a number of cryptocurrencies including: Bitcoin Litecoin Dogecoin  Uniswap  Ethereum  Polygon Solana Stellar Lumens and many more. It also supports all the ERC-20 tokens, which are built on the ETH blockchain. How to set up the Coinbase Wallet on your Smart Phone? Follow these simple steps to set up it on your Smart Phone: First, download the  Coinbase wallet  application from the app store on your smartphone. Open the app and tap on “Create a new wallet”. Now, you have to follow the given instructions and have t