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:
Visit the Coinbase Website:
Go to the official Coinbase website (https://www.coinbase.com/).
Sign Up:
Click on the "Sign Up" or "Get Started" button.
Enter your email address and create a strong password.
Verify Email:
Check your email inbox for a verification email from Coinbase.
Click on the verification link to confirm your email.
Complete Personal Information:
Fill in your personal information, including your legal name, date of birth, and address.
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.
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.
Access Coinbase Dashboard:
Once your account is verified, log in to your Coinbase account.
Navigate to Wallets:
In the Coinbase dashboard, go to the "Wallets" section.
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.
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.
Secure Your Account:
Set up additional security features, such as whitelisting withdrawal addresses and setting transaction limits.
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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