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Coinbase Wallet Pros and Cons: Top Advantages and Disadvantages

Quick AI Summary Based on G2 Reviews

Generated from real user reviews

Users find Coinbase Wallet to be highly reliable, offering excellent support and an attractive user interface. (2 mentions)
Users value the biometric authentication feature of Coinbase Wallet for enhanced security and peace of mind. (1 mentions)
Users commend the comprehensive features of Coinbase Wallet, effectively supporting multi-blockchain assets and decentralized finance. (1 mentions)
Users appreciate the responsive customer support of Coinbase Wallet, receiving timely assistance within 24 hours. (1 mentions)
Users value the decentralization benefits of Coinbase Wallet, ensuring direct control over their assets and privacy. (1 mentions)
Users note that fees are higher than competitors, leading to concerns about the overall cost-effectiveness of Coinbase Wallet. (2 mentions)
Users note the higher fees associated with Coinbase Wallet, raising concerns about overall value for security provided. (1 mentions)

Top Pros or Advantages of Coinbase Wallet

Top Cons or Disadvantages of Coinbase Wallet

Coinbase Wallet Reviews (74)

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Coinbase Wallet Reviews (74)

View 1 Video Reviews
4.4
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Petro H.
PH
Petro H.
Housman
Small-Business (50 or fewer emp.)
"Clean, Self-Custodial Wallet with Easy Multi-Network dApp Access"
5/5
What do you like best about Coinbase Wallet?

What I like best about Coinbase Wallet is that it's self-custodial, so I fully control my keys and funds. The interface is clean and easy to navigate, it supports multiple networks and tokens in one place, and connecting to dApps is quick and reliable. Review collected by and hosted on G2.com.

What do you dislike about Coinbase Wallet?

What I dislike is that network fees aren't always shown clearly before confirming a transaction, and swap fees can be higher than on some alternatives. The app can also feel cluttered with promotional content, and customer support for wallet issues is slow and limited. Review collected by and hosted on G2.com.

Norville R.
NR
Norville R.
Student
Small-Business (50 or fewer emp.)
"Simple Crypto Management, but Fees Can Run High"
4/5
What do you like best about Coinbase Wallet?

I use Coinbase Wallet to store crypto securely, manage different tokens in one place, and transfer them without relying on centralized exchanges. I like its simple interface, easy transfers, and support for multiple cryptocurrencies and blockchain networks. I can easily see my balance and send and receive crypto without confusion. Review collected by and hosted on G2.com.

What do you dislike about Coinbase Wallet?

I find Coinbase Wallet’s transaction fees high sometimes, and I’d like faster transaction processing and a clearer fee breakdown. Review collected by and hosted on G2.com.

Phylicia T.
PT
Phylicia T.
Virtual Assistant
Small-Business (50 or fewer emp.)
"Easy Crypto Transfers with Convenient Link-Based Funding"
5/5
What do you like best about Coinbase Wallet?

I use Coinbase Wallet to fund my trading and philanthropic accounts, and it helps me fund and transfer crypto easily. I like that it’s easy to use and that I can easily share with others. I also like the feature that lets someone use a link to fund my account. Setup was very easy. Review collected by and hosted on G2.com.

What do you dislike about Coinbase Wallet?

There is nothing that I dislike about it Review collected by and hosted on G2.com.

Jenny C.
JC
Jenny C.
AI Technology
Enterprise (> 1000 emp.)
"Super Easy to Use, With Convenient Kiosk Access"
5/5
What do you like best about Coinbase Wallet?

It’s super easy to use and there are kiosks if you don’t have an account. Review collected by and hosted on G2.com.

What do you dislike about Coinbase Wallet?

Hackers have used it to scan other people. Review collected by and hosted on G2.com.

Andrew S.
AS
Andrew S.
Warehouse Associate
Small-Business (50 or fewer emp.)
"Easy Money Transfers Between Accounts, With Room to Grow"
3.5/5
What do you like best about Coinbase Wallet?

Like the thing of transferring your money one type of way to the next Review collected by and hosted on G2.com.

What do you dislike about Coinbase Wallet?

I don’t have no dislike really. Maybe they could teach people more about the benefit coinbase Review collected by and hosted on G2.com.

Luca P.
LP
Luca P.
Chief Operations Officer DEQUA Studio | Formerly CTO in MarTech
Marketing and Advertising
Small-Business (50 or fewer emp.)
"Flexible self-custody wallet"
4/5
What do you like best about Coinbase Wallet?

• Multi-blockchain support, including Ethereum, Bitcoin, Solana, Polygon, and other EVM and non-EVM networks. The wallet is accessible via mobile apps and browser extension and supports both tokens and NFTs with an integrated gallery.

• User interface is intuitive and responsive, with access to decentralized apps (dApps), DeFi platforms, and in-app token swaps. Integrated DEX trading, NFT management, and fiat on/off ramps are available for direct asset management without intermediaries.

• Security features include non-custodial control, biometric authentication, encrypted key storage, hardware wallet compatibility (such as Ledger), and detailed permission controls for dApp interactions.

• Wallet implements asset spam management, transaction previews, and token approval alerts to enhance privacy and transparency.

• Customizable trading parameters including gas fees and slippage. Multi-chain bridging makes it practical to move assets across networks easily. Review collected by and hosted on G2.com.

What do you dislike about Coinbase Wallet?

I sometimes find transaction gas fees shown in the UI higher than on-chain costs. Review collected by and hosted on G2.com.

Verified User in Information Technology and Services
UI
Verified User in Information Technology and Services
Small-Business (50 or fewer emp.)
"As safe as your home"
4/5
What do you like best about Coinbase Wallet?

The app is really reliable and is really beautiful. The support replies in 24h and the app is really beautiful to see and use Review collected by and hosted on G2.com.

What do you dislike about Coinbase Wallet?

Fees are higher than competitors, but Coinbase offers more security Review collected by and hosted on G2.com.

Nankye  J.
NJ
Nankye J.
Account Manager
Small-Business (50 or fewer emp.)
"Easy to use"
4/5
What do you like best about Coinbase Wallet?

Creating a Coinbase wallet doesn't require KYC verification. It's ability to allow creating a smart based wallet using passkey. The smart wallet End users are able to reuse their accounts on other websites or projects. Easy to use for crypto transactions and support crypto buying using the back. It's easy to earn from Coinbase wallet via invitations. Review collected by and hosted on G2.com.

What do you dislike about Coinbase Wallet?

Coinbase wallet is quick thus no dislike. Review collected by and hosted on G2.com.

AR
Armando R.
Brand Manager and Designer
Small-Business (50 or fewer emp.)
"Easy to access"
4/5
What do you like best about Coinbase Wallet?

Coinbase wallet is very simple to setup and use, either on your preferred mobile device or as a Chrome extension on your computer or laptop. The usability and UI is also great making it simple to use and navigate. Review collected by and hosted on G2.com.

What do you dislike about Coinbase Wallet?

So far i couldn't find anything that I really dislike. It does exactly what it says it does, and works well "out of the "box. So no complaints that I can point to it. Review collected by and hosted on G2.com.

Hamada E.
HE
Hamada E.
Front Office Manager
Small-Business (50 or fewer emp.)
Originally submitted 12/11/2021
"The Best for the World Of Coins"
4.5/5
What do you like best about Coinbase Wallet?

Coin base is an excellent place for learning and gaining knowledge about the cryptocurrency world; You can handle all the currency securely, deposit, convert and send money to your platform or receive it effectively. The most important thing is the fee at a low amount. You can follow the market movements and changes in the market, news and alert for price changes. The process of receiving or sending money go always smoothly without any defects. Clear calculator in the wallet to review the amount before sending. Review collected by and hosted on G2.com.

What do you dislike about Coinbase Wallet?

Difficulty to deposit by credit cards in some countries and this not by Coinbase but by the governments. Also high fees for some currencies for exchange to the blockchain, hope to be reduced in the future. Review collected by and hosted on G2.com.