Coinbase, Exchanges

Is Coinbase a Non Custodial Wallet?

Coinbase is a digital asset exchange company founded in 2012. The company is headquartered in San Francisco, California. Coinbase allows clients to buy and sell digital currencies such as Bitcoin, Ethereum, and Litecoin. Coinbase also offers an online wallet service. Coinbase is a non-custodial wallet.

NOTE: This is a warning note to inform you that Coinbase is not a non-custodial wallet. Coinbase is an online cryptocurrency exchange and it should not be used as a wallet. A non-custodial wallet means that the user is in full control of their funds and private keys; however, Coinbase does not provide this service and therefore it should never be used as a wallet.

This means that the company does not have control over the private keys of the clients’ wallets. The client has full control over their own funds. Coinbase only stores the public keys of the clients’ wallets. This makes it impossible for the company to spend the client’s funds without their permission.

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