The Coinbase® Extension is an official browser add-on developed by Coinbase® that allows users to seamlessly interact with their cryptocurrency assets and the decentralized web. This extension serves as a bridge between your browser and the Coinbase Wallet®, providing quick access to your portfolio, secure login capabilities, and the ability to interact with decentralized applications (dApps).
By integrating directly with your browser, the extension eliminates the need to constantly navigate to Coinbase.com for basic functions, creating a more efficient and user-friendly experience for both beginners and experienced crypto enthusiasts.
To begin using the Coinbase Extension, follow these steps:
Is the Coinbase Extension free to use?
Yes, the Coinbase Extension is completely free to download and use. However, standard network fees and transaction fees still apply for cryptocurrency transactions conducted through the extension.
Can I access Coinbase Pro through the extension?
While the extension primarily focuses on wallet functionality and quick access to your Coinbase account, you can use it to securely log in to Coinbase Pro. However, advanced trading features are best accessed directly through the Pro platform at pro.coinbase.com.
How does the Coinbase Wallet Extension differ from the main Coinbase exchange?
The Coinbase Wallet Extension is a self-custody wallet that gives you full control over your private keys and cryptocurrencies. In contrast, the main Coinbase exchange is a custodial service where Coinbase manages security on your behalf. The wallet extension also enables direct interaction with dApps, which isn't available on the main exchange.
Is my cryptocurrency stored in the extension?
No, cryptocurrencies are never actually "stored" in the extension itself. The extension provides access to your blockchain addresses and facilitates transactions. Your assets remain on the blockchain, with the extension serving as a secure interface to manage them.
What happens to my extension wallet if I uninstall Chrome?
If you uninstall Chrome without backing up your recovery phrase, you could permanently lose access to your funds. It's crucial to securely store your recovery phrase (seed phrase) when first setting up the wallet, as this phrase can be used to restore your wallet on any compatible device or browser.
Can I use the Coinbase Extension on other browsers?
The Coinbase Extension is specifically designed for Chrome-based browsers. However, you can use it on other Chromium-based browsers like Microsoft Edge, Brave, and Opera. For Firefox, check if there's a dedicated extension available.