Coinbase, Exchanges

Is Coinbase Wallet a Self-Custody Wallet?

Coinbase is a digital asset exchange company founded in June 2012. The company is headquartered in San Francisco.

Coinbase allows users to buy and sell digital currencies such as Bitcoin, Ethereum, and Litecoin. Coinbase also allows users to buy and sell other cryptocurrencies such as Bitcoin Cash, Ethereum Classic, and 0x.

Coinbase has been described as a digital wallet, however, it is not a self-custody wallet. A self-custody wallet is a type of cryptocurrency wallet that allows users to control their own private keys. Private keys are stored on the user’s device and not on a third-party server.

Coinbase does not allow users to control their own private keys. Private keys for Coinbase wallets are stored on Coinbase servers.

Previous ArticleNext Article