What is the difference between Coinbase app and Coinbase wallet?

This should answer the main concern “Is Coinbase wallet safe?” Yes, the wallet is safe and follows best practices on safeguarding digital money. Despite being a hot wallet, Coinbase is a leader in securing payment services in the crypto industry. It ensures that security features is enforced at multiple levels.

The Coinbase app, where you buy and sell crypto, is a hosted wallet . You can also download the standalone Coinbase Wallet app to take advantage of the benefits of a non-custodial wallet.

Coinbase.com and the mobile apps are available in more than 100 countries. The Coinbase Wallet app is a separate, standalone app that allows users to store, or custody, their own crypto, and explore the decentralized web with a dapp browser . You do not need a Coinbase account to use the Coinbase Wallet app.

Once you’ve connected your Coinbase account to your Wallet, then follow the below steps: