How to reset your Coinbase Wallet? (Factory Reset)

Understanding Coinbase Wallet Reset

1. A factory reset of Coinbase Wallet erases all locally stored data including transaction history, token balances visible in the interface, and custom network configurations.

2. The wallet’s private keys are never stored on Coinbase’s servers — they remain solely on the user’s device unless manually exported or backed up externally.

3. Resetting does not affect assets held on-chain; tokens and NFTs remain secured by the blockchain as long as the recovery phrase is preserved.

4. Users must re-import their wallet using the 12-word recovery phrase after the reset to regain access to funds and associated addresses.

5. Biometric authentication settings, gas fee preferences, and dApp connection permissions are also cleared during this process.

Step-by-Step Factory Reset Process

1. Open the Coinbase Wallet mobile application and navigate to the Settings icon located in the top-right corner of the main screen.

2. Scroll down and select Wallet, then tap Reset Wallet at the bottom of the list.

3. Confirm the action by entering your wallet password or approving via biometric verification.

4. Tap Confirm Reset on the warning modal — this step cannot be undone without the recovery phrase.

5. The app clears local storage and returns to the initial onboarding screen, prompting a new wallet setup or import.

Recovery Phrase Verification Before Reset

1. Prior to initiating the reset, users must locate their original 12-word recovery phrase — typically written on paper or stored in a secure offline vault.

2. Coinbase Wallet does not provide digital access to the phrase within the app for security reasons; no “show phrase” option exists post-setup.

3. If the phrase is lost or illegible, resetting renders all funds permanently inaccessible — no customer support channel can restore them.

4. Users may verify phrase integrity by importing it into a test environment like MetaMask or Trust Wallet before proceeding with the reset.

5. Each word must match the BIP-39 standard dictionary exactly — case-insensitive but order-sensitive and space-delimited.

Post-Reset Wallet Reconfiguration

1. After reset, choose Import Wallet instead of creating a new one to retain the same blockchain address and asset ownership.

2. Enter the 12-word recovery phrase in exact sequence — the app validates checksum automatically and rejects invalid combinations.

3. Set a new wallet password and re-enable biometric unlock if desired; this creates fresh local encryption keys.

4. Manually re-add any custom RPC endpoints used for non-Ethereum networks such as Base, Arbitrum, or Polygon.

5. Reconnect previously authorized dApps by visiting each platform and approving the wallet again through the connection prompt.

Frequently Asked Questions

Q: Does resetting Coinbase Wallet delete my NFTs?No. NFTs reside on the blockchain under your public address. As long as you restore using the correct recovery phrase, all NFTs reappear automatically.

Q: Can I reset Coinbase Wallet without losing my staked ETH?Yes. Staked ETH remains locked in the Ethereum deposit contract. Restoring your wallet gives full control over withdrawal credentials and validator keys tied to that phrase.

Q: Will my Coinbase.com account be affected by this reset?No. Coinbase Wallet is a non-custodial product separate from the custodial Coinbase exchange platform. Account linkage is optional and does not share credentials or seed phrases.

Q: What happens to pending transactions during a reset?Pending transactions broadcast to the network remain valid and will confirm if sufficient gas is attached. Local transaction queue is wiped, but on-chain state is immutable and unaffected.