February 15, 2024 2:22 AM EST
The coin base wallet is a self-custodial wallet that offers its users full control over their digital assets and private keys. Also, the wallet supports a wide range of digital assets that allow its users to invest easily. Moreover, Coinbase Download uses industry-standard security features to protect its users’ data from potential online threats. Like other wallets, Coinbase also has its downside such as generally users complained that the wallet app works very slowly and takes time to view transactions. Which shows this wallet's downside. The best thing is that there is no serious issue is reported against this wallet. In addition, as a self-custody wallet, Coinbase offers users full control over their assets including their private keys. This helps Coinbase to empower its users. But responsibility also brings risk if you lost your private keys and seed phrase, you wouldn’t be able to recover your wallet again. This causes you to lose your wallet and digital assets as well. On the other hand, if you are experiencing any issue with your wallet you can reach out to the Coinbase support team via phone call. This is how a Coinbase wallet works and provides security to its users.
Leo denial posted a topic in the forum Off-Topic Discussions: