Cryptocurrency news

Coinbase Unveils Web App to Track Personal On-Chain Wallets

CoinDesk / 11.07.2024 / 16:17
Coinbase Unveils Web App to Track Personal On-Chain Wallets
Coinbase is launching an app that lets users track all of their on-chain wallets.This is in a continued effort to make access and user experience easier for newcomers to the space.The crypto exchange has previously said it plans to turn into a "super app".Unmute

Breaking Down Crypto's Correlation With TradFi Markets

00:52Why Bitcoin Is the 'Direction God for Crypto'02:01Fed Chair Powell on Elevated Inflation; Could Trump's Crypto Enthusiasm Help Win Votes?01:04Messi Promotes Meme Coin WATER on Instagram, Leading to 350% Surge00:48The Philippines Was a 'Pressure Cooker' for Crypto Adoption: Emfarsis Director

Jumping in on a continued effort by wallet makers to simplify access and user experience, particularly for newcomers, Coinbase (COIN) is introducing an app that lets users manage all of their on-chain wallets and activities in one place, the company announced Thursday.

The app will allow users to connect multiple wallets and let them buy, swap, send, stake or mint coins from their wallets. Adopters of the app will also be able to interact with each other.

“Today, many people use manual spreadsheets and need to open multiple browser tabs to track their assets holistically,” Coinbase said in a statement. “Many people also manage several crypto wallets, and until now, achieving a comprehensive view of all their assets in one place has been a challenge.”

The app will be available on both desktops and mobile devices and will also work with smart wallets.

Other wallet providers, such as Exodus, have previously launched similar products as the industry tries to welcome less tech-savvy investors to the space. Cold or decentralized wallets, for instance, can be difficult to navigate at times.

For Coinbase, the new app is another step towards the company's long-term goal of becoming a “super app,” similar to China's popular WeChat. If that continues to be the end goal for the exchange, broadening access to a wider audience is crucial.

Edited by Stephen Alpher.

Source
Recently News

© Token Radar 2024. All Rights Reserved.
IMPORTANT DISCLAIMER: All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.