Coinbase Launches New Wallet Web App to Streamline Onchain Activity

San Francisco crypto firm Coinbase has introduced a new web application for its wallet, designed to provide users with a unified platform for managing onchain assets. The application aims to simplify the experience for users by offering a comprehensive view of their crypto holdings across various wallets and chains.

Coinbase Unveils Web App to Bolster Crypto and NFT Management

The newly introduced Coinbase Wallet web app enables users to connect multiple wallets and view their crypto, NFTs, and decentralized finance (defi) positions in one place. This eliminates the need for manual spreadsheets and switching between multiple browser tabs.

The app supports a wide range of wallets, including smart wallets, Metamask, and Phantom, and offers a streamlined interface for trading over 2 million tokens across eight different chains. Key features of the new app include a 360-degree view of assets, the ability to connect various wallets, and tools for creators to mint and share NFTs directly on the platform.

“By consolidating your wallets and providing a comprehensive 360-degree view of your portfolio, we aim to reduce inefficiencies and frustrations,” Coinbase explained to Bitcoin.com News on Thursday. “Plus, with the simplicity of smart wallets, users can get onchain and engage in minting, creating, or trading in seconds.”

Coinbase has integrated its smart wallet technology to allow for gasless transactions on select mints and direct onchain payments from Coinbase accounts. This move is part of Coinbase’s broader strategy to consolidate its onchain products and enhance user experience.

What do you think about Coinbase’s new wallet web application? Share your thoughts and opinions about this subject in the comments section below.

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