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Coinbase leads to interacting with Ethereum dApps

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Coinbase users are about to get a lot more out of their mobile app. The digital asset exchange operator announced on Thursday it is expanding the features of its flagship app, as well as launching a new version called the Coinbase Wallet that supports Ethereum-based tokens. Users of the original Coinbase app will now be able to store Ethereum, Ether and other ERC-20 tokens directly in their account. They’ll also have access to an upgraded trading interface, integration with third-party wallets, and new educational resources. In addition to all of these features, Coinbase has created an entirely separate app called Coinbase Wallet which makes it easy for users to buy, sell and manage their non-fungible token (NFT) collectibles.

Coinbase Wallet will make buying NFTs easier

One of the most important changes is that Coinbase Wallet now lets users buy NFTs directly through the app. Users can purchase NFTs in the app’s marketplace and then transfer them to their Ethereum wallet for safekeeping. The Coinbase Wallet app also makes it easy for users to trade their crypto collectibles. To make the transition to the more feature-rich app, users just need to log into Coinbase and tap “add to wallet” to transfer their app assets to Coinbase Wallet.

Coinbase is expanding its original app

The original Coinbase app has been around for years, but the company has been making slow but steady progress in expanding its functionality. The latest update takes the app to a whole new level. The app will now support Ethereum and ERC-20 tokens, making it far more useful than before. It will also include a brand-new trading interface that promises to be “simple, intuitive and easy to use”.

The update will also bring a host of new features for advanced traders, including real-time price charts and a “trade history” section with detailed charts and graphs. The update also allows users to connect their Coinbase account to a third-party wallet like imToken, and also supports trading via the Coinbase exchange platform. Users can also now add funds to their wallet directly from the app itself. They can transfer money from an external source or link a credit or debit card to their account.

New features for all Coinbase users

Coinbase Wallet users can view their entire crypto portfolio in one place and check the value of their tokens at any time. They can also use the app to track the price and performance of specific tokens, as well as view historical charts and analysis. Users can also follow their favourite crypto influencers and news sources as well as set price alerts so they can get notified when a specific token is experiencing significant price movement. Users can also send tokens to other Coinbase Wallet users, but they can’t withdraw them, which is understandable given that they’re not stored in a Coinbase wallet.

Conclusion

All in all, Coinbase Wallet is an impressive addition to Coinbase’s growing list of products aimed at mainstream crypto adoption. With the app, Coinbase is making buying and storing Ethereum easier than ever before and is also giving users an easy way to buy and manage their NFTs. This is all happening at a time when the industry is seeing growing interest in the space, which may help to boost adoption even further. As such, Coinbase Wallet is certainly worth keeping an eye on in the coming months.