Why go with Coinbase wallet extension?

Cristopher Moore

Hey reader!

Seeing you here on this page, I’ve driven the idea that you are an active Coinbase investor and you might be gathering information relating to the Coinbase wallet.

Well, if this is the case, then you are on the right page.

In this document, we will be getting familiar with the Coinbase extension and the benefits that you avail with it. The Coinbase exchange spread its wings by introducing a crypto wallet that can help users to easily organize their funds and spend them in a much more effective and efficient way.

Coinbase wallet extension was majorly introduced with the main aim of serving persons who are not so tech-savvy. This feature was launched to improve the trading experience of the investors. Currently, the Coinbase Wallet has around 1 million active users, and with the launch of the extension, they are hoping for an increase in this count.

Let’s have a look at it!

A brief intro of Coinbase wallet extension

The Coinbase wallet extension is now available on Google Chrome. You might have heard about the MetaMask and its extensions. It supports more extensions as compared to the Coinbase Wallet. The extensions were launched to cut down the middle steps involved in connecting with the decentralized exchanges.

The question arises how?

The wallet users who do not use the browser extension have to first reach out to the decentralized exchanges followed by connecting their wallet via a QR code and then performing their desired transactions. With the launch of extensions, you can easily interact with several exchanges and carry out your trade which not only saves your time but also makes your trade quite easy.

The benefits of having an extension

Moving next, we will be looking at the benefits of having an extension.

To provide an easy trade experience to its users
A secure way of investing for novice investors
Allows you to explore several DEXs
Explore the decentralized web without a worry
Get introduced to decentralized finances, NFTs and dApps
Can create a collection of NFTs

These are some of the amazing lineaments that the extensions offer to their investors.

Bottom Line

With the above write-up, you might have become quite familiar with the Coinbase wallet extension and what are the benefits it holds. The extensions make a path for investors to step into the crypto world most easily and safely by cutting down the unnecessary steps involved in the process of interacting with several DEXs.