TrustRadius Insights for Coinbase Wallet are summaries of user sentiment data from TrustRadius reviews and, when necessary, third party data sources.
Recommendations
Users of Coinbase commonly recommend the following:
Try It Out: Many users suggest trying out Coinbase as a wallet, especially for beginners. They appreciate its user-friendly experience and find it suitable for those new to cryptocurrency.
Secure Recovery: Users emphasize the importance of saving the 12-word passphrase provided by Coinbase for recovery purposes. This recommendation highlights the need to protect one's funds and ensure access in case of any unforeseen circumstances.
Limited Functionality and Support: Some users express frustration with the limited functionality of Coinbase, indicating that it may not meet all their needs as advanced users. They also mention poor support experiences, implying that assistance may be lacking in certain situations.
Overall, users recommend giving Coinbase a try due to its beginner-friendly nature, but caution is advised due to its limitations and potential issues with support.
No matter how good the payment gateway we use, we can't send money in just a few seconds. But with the help of cryptocurrency, we can do every transaction easily and conveniently. Coinbase is the world's first crypto wallet to offer its services since 2012. When we are doing some business deals and there was no match of payment gateway with the international party, then in that case we accept crypto payment because in that situation crypto is only the solution.
Pros
2FA enable secure transaction.
Easy to buy and sell.
Supports various NFTs, Stablecoins and DEX.
Simple and easy to use.
Cons
Bitcoin storage is missing.
Hosted wallet.
Frequently decline that fund deposit through card.
Likelihood to Recommend
If front party donot agree to pay or receive payment on our desired payment gateways because to limited accessiblity on their side then we are accepting crpyto payment also. Coinbase wallets help us to reveice and send crypto access when needed and also privides the storage features. Coinbase gives full access to our funds through then coinbase wallet app and coinbase.com.