Review on Coinbase Wallet by Racheal Treasure
COINBASE WALLET IS EASY TO USE
Coinbase wallet is one of the wallet that newbies in crypto community can use. The platform is well designed, and look very attractive at the first glance.
If you are looking for digital asset wallet that you can use without submitting any document or do know your customer (KYM), this wallet is one of them. Registration is very fast and simple.
The design is simple, i find it very easy to transact on the platform. it has Frequently Ask Questions on the platform that newbies can make good use to know more about the platform. They gave the room to access the wallet through web and application. Personally, i prefer using the app version. The wallet gives the room to store ERC -20 tokens.
o pay gas
It worth mentioning that you are in control of the wallet, which means that the security of the wallet is in your hands. You 12 seeds must be kept save , in secured location. I never experience any security issue on the platform. I love the fact that the wallet support two factor authentication.
Regarding the number of digital asset supported by this wallet, it does not support large number of digital asset. in my opinion the team behind the wallet should work on adding more asset to the wallet to make it look more attractive to the users.
The wallet is free to use, no amount charge for deposit into the platform. You should note that when making withdrawal you will have to pay gas fee to the miners. In my opinion i find the ERC -20 wallet expensive these days because of the high gas fee, though the team behind the wallet do not have any control over the gas fee.
It has a good customer service and also made available social medial for users to access.
In conclusion, the wallet is a good wallet that can be used by anybody. I recommended it based on my past experience i had while using the wallet.
Pros
- It is save
- user friendly
- Well designed platform
- supports mobile device.
- Reasonable fee
- Multi cryptocurrencies wallet
- Registration is easy
Cons
- Not support large number of digital asset
New products
Comments (3)
January 18, 2021
To choose any wallet one among other factor i used to check is the fee attached to the transaction on the wallet because some wallet transaction use to be when deposit but when withdrawing your asset they may look for the way to charge hidden charges. This wallet fee is low compared to some wallet.
January 17, 2021
I love the wallet because it display the balance on the wallet in my local fiat currency. I had no issue with the security on the wallet, the speed of the transaction is also interesting.
January 15, 2021
Simplicity goes a long way in Cryptocurrency world. I really love the the wallet, the ways it was designed make me really love the wallet. I am using mobile application of the wallet. It is so lovely to use.
