1. Install the Coinbase Wallet Extension
- Go to the Chrome Web Store and search for "Coinbase Wallet Extension."
- Download and add the extension to your Chrome or Brave browser.
- Pin the extension for easy access from your browser toolbar.
2. Create a New Wallet or Import an Existing One
To Create a New Wallet:
- Open the Coinbase Wallet extension.
- Click “Create new wallet.”
- Securely back up your 12-word recovery phrase. Write it down and store it somewhere safe—this is the only way to recover your wallet if you lose access. Coinbase cannot recover this phrase for you.
- Verify that you’ve saved your recovery phrase.
- Create a strong password for accessing your wallet. Store this password securely as well.
- Claim your free web3 username (optional). This username lets other Coinbase Wallet users send you crypto easily. If you skip this, one will be generated for you.
To Import an Existing Wallet:
- Open the extension and select “Import an existing wallet.”
- Enter your 12-word recovery phrase from another wallet (such as MetaMask, Trust Wallet, or another Coinbase Wallet).
- Create a password for the extension.
- Select a username and complete the setup.
3. Fund Your Wallet
You’ll need crypto in your wallet to start using dApps or making transactions. Here’s how to fund it:
- Transfer from Coinbase.com:
- In the extension, click “Buy (+)” and select “Connect my Coinbase account.”
- Authorize access, select the asset, and follow the prompts to transfer crypto from your Coinbase account to your Wallet Extension.
- Buy Crypto via Coinbase:
- Click “Buy (+)” and follow the steps to purchase crypto directly, choosing your payment method and asset.
- Send from Another Wallet:
- Copy your wallet address from the extension.
- Use the “Send” feature in your other wallet or exchange to transfer assets to your Coinbase Wallet Extension address.
4. Explore Web3 and dApps
- Use your Coinbase Wallet Extension to connect to decentralized apps (dApps), NFT marketplaces, and DeFi platforms directly from your browser.
- Your wallet acts as your “single sign-on” for the Web3 ecosystem—confirm transactions and manage your assets securely.
Security Reminders
- Your 12-word recovery phrase is critical. Never share it with anyone or enter it into untrusted sites or apps.
- Coinbase cannot recover your password or recovery phrase if lost.
- Always use the official Chrome Web Store to download the extension and avoid phishing risks.
FeatureCoinbase.com (Exchange)Coinbase Wallet ExtensionCustodyCoinbase controls your keysYou control your keysUsageBuy/sell/trade cryptoStore, manage, and use crypto; access dApps and NFTsRecoveryPassword/2FA reset12-word recovery phrase onlydApp/NFT/DeFi AccessNoYes
By following these steps, you’ll be ready to use the Coinbase Wallet Extension to manage your crypto, connect to Web3, and take full control of your digital assets—all directly from your browser.
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