Coinbase Wallet | time

Securely manage your crypto with Coinbase Wallet – the extension for seamless transactions, real-time insights, and decentralized app exploration.

Setting up a crypto wallet on Coinbase involves creating an account, verifying your identity, and securing your wallet. Here's a step-by-step guide as of my last knowledge update in January 2022:

  1. Visit the Coinbase Website:

    • Go to the official Coinbase website (https://www.coinbase.com/).

  2. Sign Up:

    • Click on the "Sign Up" or "Get Started" button.

    • Enter your email address and create a strong password.

  3. Verify Email:

    • Check your email inbox for a verification email from Coinbase.

    • Click on the verification link to confirm your email.

  4. Complete Personal Information:

    • Fill in your personal information, including your legal name, date of birth, and address.

  5. Verify Identity:

    • Coinbase may require identity verification for security and compliance purposes.

    • Follow the prompts to upload a photo of your government-issued ID and complete the verification process.

  6. Set Up Two-Factor Authentication (2FA):

    • Enable two-factor authentication for an extra layer of security.

    • This typically involves using a mobile authentication app or receiving codes via SMS.

  7. Access Coinbase Dashboard:

    • Once your account is verified, log in to your Coinbase account.

  8. Navigate to Wallets:

    • In the Coinbase dashboard, go to the "Wallets" section.

  9. Create a New Wallet:

    • Click on the option to create a new wallet. Coinbase may offer different types of wallets, such as a Bitcoin wallet, Ethereum wallet, etc.

  10. Backup Your Wallet:

    • Follow the prompts to backup your wallet. This often involves creating a recovery phrase.

    • Safely store your recovery phrase in a secure location. This is crucial for account recovery.

  11. Secure Your Account:

    • Set up additional security features, such as whitelisting withdrawal addresses and setting transaction limits.

  12. Explore Features:

    • Familiarize yourself with the features of your Coinbase wallet. You can use it to buy, sell, send, and receive various cryptocurrencies.

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