how to open coinbase wallet on phone

To create a Coinbase Wallet, download the app, create an account, verify your identity, set up security measures, create a wallet, write down the recovery phrase, and access your wallet.

Nov 01, 2024 at 10:16 am

How to Open a Coinbase Wallet on Your Phone: A Step-by-Step Guide

Step 1: Download the Coinbase App

• Go to the Apple App Store or Google Play Store and search for "Coinbase Wallet."
• Tap on the "Install" button to download the app.

Step 2: Create an Account

• Open the Coinbase Wallet app and tap on "Create New Wallet."
• Follow the on-screen prompts to create your Coinbase account. This includes entering your email address, creating a password, and providing personal information.

Step 3: Verify Your Identity

• Coinbase requires you to verify your identity to prevent fraud.
• You will need to provide a government-issued ID (e.g., passport, driver's license) and a selfie.

Step 4: Set Up Your Security Features

• Coinbase offers two-factor authentication (2FA) for additional security.
• Enable 2FA by scanning a QR code or entering a security code sent via SMS.
• Choose a strong password and keep it safe.

Step 5: Create Your New Wallet

• Once your identity is verified, tap on "Create New Wallet."
• Select your desired wallet name and recovery phrase.

Step 6: Write Down Your Recovery Phrase

• Your recovery phrase is a series of 12 or 24 words that will allow you to restore your wallet if your device is lost or stolen.
• Write down the recovery phrase on a piece of paper and store it in a safe place.

Step 7: Access Your Wallet

• Enter the recovery phrase or use your password to access your wallet.
• You can now send, receive, and store cryptocurrencies in your Coinbase Wallet.

Additional Tips:

• Keep your Coinbase Wallet app updated to ensure the latest security measures.
• Utilize 2FA for enhanced protection.
• Store your recovery phrase securely in multiple locations.
• Be cautious when sharing your personal information or wallet address.