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Coinbase Vs Coinbase Wallet

  • Thread starter Thread starter Nomad
  • Start date Start date

Nomad

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Coinbase is an exchange where you can also store your coins, however, it is a centralized platform, which means you are always at the mercy of Coinbase company. Coinbase Wallet is a decentralized wallet from Coinbase. SInce it is non-custodial wallet, it is safer to store coins in Coinbase Wallet compared to Coinbase. Do you use Coinbase or Coinbase Wallet?
 
I have a coinbase account, but I have not received any payment till date. When payment is withdrawn from Faucetpay is it transferred to coinbase or coinbase wallet?
 
I have bought cryptocurrencies and I have generally used coinbase, I installed coinbase wallet because they gave $4 in ethereum if you installed it but I never got to use it, they are also delisting coins at the moment in coinbase wallet
 
Nomad said:
Coinbase is an exchange where you can also store your coins, however, it is a centralized platform, which means you are always at the mercy of Coinbase company. Coinbase Wallet is a decentralized wallet from Coinbase. SInce it is non-custodial wallet, it is safer to store coins in Coinbase Wallet compared to Coinbase. Do you use Coinbase or Coinbase Wallet?
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Coinbase wallet is better than Coinbase exchange but cold wallets are much better than both.
 
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