Coinbase Extension

Coinbase® Extension® | Getting Started: Wallet Extension. Coinbase Wallet extension is a secure way to connect to decentralized apps (dApps) and DeFi platforms through your

Enter in the Secret Recovery Phrase that you copied down on Step 4. This should be 12 words. Keep this safe, as this is the key to access your wallet and Coinbase cannot recover this phrase for you. Click on Import wallet once complete.

Coinbase.com is a crypto brokerage where you buy or sell crypto in exchange for cash. Once you make a purchase on Coinbase.com, your crypto is stored securely by the platform.

Coinbase Wallet, on the other hand, is a self-custody wallet. This means that the private keys, which represent ownership of your crypto, are stored directly on your device. You can think of Coinbase Wallet as similar to a traditional wallet that holds your cash, meaning you have direct access to and control of your crypto assets without needing to go through the brokerage.

You can also set up a Dapp wallet on Coinbase.com. This is a crypto wallet where Coinbase holds half of your private key and the device that your dapp wallet is on stores the other half.