What is Coinbase Extension®?

The Coinbase Extension® is a secure browser-based wallet designed for managing cryptocurrency and interacting with decentralized applications (dApps) safely. Whether you're using Chrome, Firefox, or Edge, Coinbase Extension® makes it easy to control your crypto directly from your browser without relying on third-party software. This guide will take you through the setup, key features, and best practices to get started with Coinbase Extension® confidently.

Key Benefits of Coinbase Extension®

• Secure storage of your digital assets in a non-custodial wallet.
• Seamless interaction with Web3 applications.
• Easy account management and multiple wallet support.
• Backup and recovery options for peace of mind.

Installing Coinbase Extension®

Getting started with Coinbase Extension® begins with installation. Follow these steps:

1. Open your preferred browser (Chrome, Firefox, Edge).
2. Visit the official Coinbase Extension® download page.
3. Click “Add to Browser” and follow the prompts.
4. Once installed, click the extension icon in your toolbar.

Installation ensures that your crypto assets remain in a secure environment controlled by you, not a centralized server.

Creating a New Wallet in Coinbase Extension®

After installation, you can create a new wallet:

• Click “Create Wallet” within Coinbase Extension®.
• Set a strong password. This password encrypts your wallet locally.
• Carefully write down your 12–24 word recovery phrase. This is the only way to restore your wallet if you lose access.

Tip: Never share your recovery phrase. Anyone with access can control your assets.

Connecting Coinbase Extension® to dApps

One of the core features of Coinbase Extension® is Web3 compatibility:

• Visit a decentralized app (dApp) such as a decentralized exchange or NFT marketplace.
• Click Connect Wallet and select Coinbase Extension®.
• Authorize the connection securely without exposing your private keys.

Managing Crypto in Coinbase Extension®

Coinbase Extension® allows you to send, receive, and track multiple cryptocurrencies:

• Sending Crypto: Enter the recipient's address and confirm the transaction securely.
• Receiving Crypto: Share your public address with confidence.
• Tracking Portfolio: Monitor balances, transaction history, and value fluctuations.

Security Best Practices

Security is paramount when using Coinbase Extension®. Follow these practices:

• Enable two-factor authentication (2FA) for added security.
• Keep your recovery phrase offline and secure.
• Always verify dApp connections before approving transactions.
• Use hardware wallets for large holdings if possible.

Recovering Your Coinbase Extension® Wallet

If you lose access to your browser or device, recovery is simple using your recovery phrase:

1. Install Coinbase Extension® on a new device.
2. Click Restore Wallet and enter your recovery phrase.
3. Set a new password and regain access to all your crypto assets.

Tips for Beginners

For those new to crypto and Coinbase Extension®:

• Start with small transactions to become familiar with the interface.
• Explore the Web3 ecosystem cautiously, understanding each dApp before interacting.
• Regularly back up your wallet and keep software updated.

Conclusion

Coinbase Extension® — Getting Started provides a user-friendly, secure, and efficient way to manage cryptocurrency directly from your browser. By following this guide, you can confidently install, set up, and use Coinbase Extension® to engage with the crypto world safely. Remember, security and proper wallet management are the keys to protecting your digital assets.