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Are Coinbase Wallet and Coinbase the same thing?

avatarRamesh UpputuriDec 27, 2021 · 3 years ago3 answers

What is the difference between Coinbase Wallet and Coinbase? Are they two separate platforms or are they the same thing?

Are Coinbase Wallet and Coinbase the same thing?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Coinbase Wallet and Coinbase are actually two separate platforms. Coinbase is a popular cryptocurrency exchange where users can buy, sell, and trade various cryptocurrencies. On the other hand, Coinbase Wallet is a mobile wallet app that allows users to securely store their cryptocurrencies and manage their private keys. While both platforms are owned by the same company, they serve different purposes and cater to different needs of cryptocurrency users.
  • avatarDec 27, 2021 · 3 years ago
    No, Coinbase Wallet and Coinbase are not the same thing. Coinbase is primarily an exchange platform where you can buy and sell cryptocurrencies, while Coinbase Wallet is a mobile wallet app that allows you to store and manage your cryptocurrencies. Think of Coinbase as a marketplace and Coinbase Wallet as a digital wallet. They are both owned by the same company, but they serve different functions.
  • avatarDec 27, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can confirm that Coinbase Wallet and Coinbase are indeed separate entities. Coinbase is a well-known cryptocurrency exchange that provides a platform for buying, selling, and trading cryptocurrencies. On the other hand, Coinbase Wallet is a mobile wallet app that allows users to securely store their cryptocurrencies and manage their private keys. While both platforms are owned by the same company, they have different features and serve different purposes.