> ## Documentation Index > Fetch the complete documentation index at: https://get-base-extensions.mintlify.site/llms.txt > Use this file to discover all available pages before exploring further. # Coinbase Extension®® — Getting Started | Coinbase Wallet > Explore Coinbase Wallet Extension to learn about crypto storage, digital asset management, Web3 applications, and secure ways to manage your cryptocurrency online. # Coinbase Wallet Extension: Explore Crypto, Web3, and Digital Assets ## Introduction to Coinbase Wallet Extension The **Coinbase Wallet Extension** provides a convenient way to explore cryptocurrency and blockchain applications directly from a compatible web browser. It allows users to manage supported digital assets, connect with decentralized applications (dApps), explore NFTs, and interact with Web3 services from their desktop. Whether you are new to cryptocurrency or already familiar with blockchain technology, understanding how the Coinbase Wallet Extension works can help you make informed decisions about managing your digital assets. Its self-custody approach gives users control over their wallet's recovery credentials and private keys, making it important to understand both its features and security responsibilities. ## What Is Coinbase Wallet Extension? The Coinbase Wallet Extension is a browser-based cryptocurrency wallet designed to connect users with the decentralized web. Unlike a traditional exchange account, a self-custody wallet allows users to control their wallet credentials rather than relying on a centralized platform to hold the private keys for them. Through the extension, users can view supported crypto assets, send and receive eligible tokens, connect to compatible blockchain applications, and explore decentralized finance services. The extension supports Ethereum and compatible blockchain networks, including Polygon, Avalanche, and BNB Chain. It also supports sending and receiving Solana and SPL tokens. Supported features and assets may vary depending on the network and application. ## Key Features of Coinbase Wallet Extension ### 1. Manage Supported Cryptocurrencies The Coinbase Wallet Extension provides a convenient interface for accessing supported digital assets. Users can review their eligible token balances and initiate transactions without repeatedly switching between different applications. Before sending cryptocurrency, always confirm that the receiving address, token, and blockchain network are correct. Transactions sent to an incompatible address or through an unsupported network may result in permanent loss of funds. ### 2. Connect to Web3 Applications Web3 applications enable users to interact with blockchain-based services through their browsers. The Coinbase Wallet Extension can connect to compatible applications, allowing users to approve transactions and access supported decentralized services. Always verify the website address before connecting your wallet. A connection request does not automatically mean that an application is trustworthy. ### 3. Explore NFTs and Digital Collectibles Non-fungible tokens, commonly known as NFTs, represent digital assets recorded on a blockchain. Depending on the supported network and application, users can explore NFT marketplaces and interact with compatible digital collectibles through their wallet. Before purchasing or accepting an NFT, review the collection, marketplace, transaction details, and any associated fees. Avoid unknown websites that promise guaranteed profits or request unnecessary wallet permissions. ### 4. Interact With Decentralized Finance Decentralized finance, or DeFi, uses blockchain technology to provide financial services through smart contracts. Compatible applications may offer token swaps, liquidity services, and other blockchain-based features. These services can involve smart-contract vulnerabilities, changing token prices, liquidity limitations, and financial losses. Research each application carefully and never assume that a service is risk-free simply because it connects to a familiar wallet. ### 5. Maintain Control of Your Wallet One of the defining characteristics of a self-custody wallet is that the user controls access to their assets. The recovery phrase is particularly important because it can restore access to the wallet. Coinbase cannot recover a lost recovery phrase on your behalf. Keep it private, store it securely, and never enter it into an unfamiliar website or share it with someone claiming to provide technical support. ## How to Get Started With Coinbase Wallet Extension Setting up a browser wallet involves a few straightforward steps. Follow the instructions provided by the official provider and review every security prompt carefully. **Step 1: Visit the Official Website** Start at the official Coinbase Wallet website to find the appropriate extension information. Confirm the website address before downloading anything. **Step 2: Install the Browser Extension** Open the official extension listing for a supported browser and review the publisher information. Install the extension only from a verified source. **Step 3: Create or Import a Wallet** Follow the available setup instructions to create a new wallet or import an existing compatible wallet. If importing an existing wallet, make sure you understand the risks associated with entering its recovery phrase into another application. **Step 4: Secure Your Recovery Phrase** If a recovery phrase is provided, back it up using a secure method. Do not store it in a public document, send it through email, or share it with anyone. **Step 5: Create a Strong Password** Set a unique password for accessing the wallet through the extension. Keep your browser and wallet software updated to reduce avoidable security risks. **Step 6: Explore Compatible Applications** Once setup is complete, you can explore supported wallet features and connect to compatible blockchain applications. Review transaction details before approving any operation. ## Coinbase Wallet Extension vs. Coinbase Exchange Although their names are similar, Coinbase Wallet and the Coinbase cryptocurrency exchange serve different purposes. The Coinbase exchange provides services for buying, selling, and managing cryptocurrency through an account-based platform. Depending on the service and account arrangement, the platform may hold assets on behalf of its customers. Coinbase Wallet is a self-custody wallet that allows users to control their wallet's private keys. The browser extension provides access to supported blockchain networks and decentralized applications. Understanding this distinction helps users choose the service that fits their needs. An exchange account and a self-custody wallet should not be treated as interchangeable, and transferring assets between them may involve network fees or other conditions. ## Security Tips for Using Coinbase Wallet Extension Protecting digital assets requires careful habits, even when using a well-known wallet. * **Protect your recovery phrase:** Never disclose it to another person or enter it into an unverified website. * **Verify website addresses:** Check URLs carefully before connecting your wallet. * **Review transaction requests:** Confirm the recipient, network, amount, and permissions before approving a transaction. * **Be cautious with unexpected messages:** Ignore unsolicited requests to verify your wallet by revealing private credentials. * **Check token approvals:** Understand which assets or permissions a smart contract is requesting. * **Keep software updated:** Install updates from legitimate sources and remove extensions you no longer use. * **Research unfamiliar projects:** Avoid promises of guaranteed returns, suspicious airdrops, and offers that pressure you to act quickly. Remember that blockchain transactions are often irreversible. If you approve a malicious transaction or disclose your recovery phrase, recovering your assets may be impossible. ## Common Questions About Coinbase Wallet Extension ### Is Coinbase Wallet Extension suitable for beginners? It can be a useful starting point for people learning about self-custody wallets and Web3 applications. Beginners should first understand recovery phrases, transaction fees, blockchain networks, and the risks associated with decentralized applications. ### Can I use Coinbase Wallet Extension for decentralized applications? Yes. The extension can connect to compatible decentralized applications across supported blockchain networks. Availability depends on the application, network, and wallet version. ### Is Coinbase Wallet the same as Coinbase exchange? No. Coinbase Wallet is a self-custody wallet, while Coinbase exchange is a separate cryptocurrency trading platform. Their features, account arrangements, and security responsibilities differ. ### What happens if I lose my recovery phrase? Losing your recovery phrase can make it impossible to restore your wallet if you also lose access to your existing wallet setup. Coinbase cannot recreate a lost recovery phrase for you, so secure backup is essential. ### Are transactions made through the extension free? Not necessarily. Blockchain transactions generally require network fees, and certain swaps or third-party services may involve additional charges. Review the displayed costs before confirming a transaction. ## Final Thoughts The Coinbase Wallet Extension offers a browser-based way to manage supported digital assets and explore blockchain applications. Its self-custody design gives users greater control over their wallet credentials while making them responsible for protecting those credentials and evaluating transaction risks. By learning its main features, checking network compatibility, researching decentralized applications, and following sound security practices, users can develop a better understanding of cryptocurrency wallet management. For the latest installation instructions, supported features, and security information, consult the official Coinbase resources rather than relying on unfamiliar download pages or unsolicited support messages. This documentation is built and hosted on [Mintlify](https://mintlify.com), a developer documentation platform.