Coinbase Wallet

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.

Remember that the steps might evolve, and it's essential to follow the most recent instructions provided by Coinbase during the account setup process. Always prioritize security by enabling 2FA and keeping your recovery phrase secure. If you encounter any issues, refer to the Coinbase support or documentation for assistance.