Explore web3 confidently with Coinbase Wallet and Ledger | by Coinbase | Feb, 2022

By Adam Zadikoff, Senior Product Supervisor

Since launching the Coinbase Pockets browser extension as a standalone self-custody possibility in November, we’ve seen unimaginable adoption. Pockets extension makes it even simpler to discover web3 by bringing the world of decentralized apps (dapps) to extra units. Right this moment, we’re including help for Ledger {hardware} wallets to Coinbase Pockets extension, offering an extra layer of safety and better peace of thoughts for our customers.

Ledger is an trade chief in {hardware} wallets, with greater than 4 million folks placing their belief in Ledger to maintain their crypto secure. To rejoice right this moment’s launch, now we have partnered with Ledger to launch the Nano X Coinbase Version, which is obtainable for a restricted time in Ledger’s on-line retailer.

Constructing probably the most user-friendly self-custody expertise in crypto means giving our customers extra methods to maintain their crypto safe whereas they entry web3 and the world of crypto. And right this moment’s launch is just the start — we are going to proceed to construct out help for extra {hardware} wallets throughout all of our customers’ units.

Coinbase Pockets is your passport to amassing NFTs, collaborating in DeFi, becoming a member of a DAO, and a lot extra. As you begin to reside extra of your life on the blockchain, it’s extra essential than ever to maintain your belongings secure.

Fortuitously, there are lots of steps you possibly can take to maintain you and your belongings secure as you discover web3. All of it begins along with your restoration phrase, backing it up in a safe location, and ensuring to by no means share it with anybody. And as a reminder, Coinbase won’t ever ask you to your restoration phrase.

Coinbase Pockets affords extra layers of safety for our customers. For customers of Pockets browser extension, we suggest including a password to maintain your belongings secure. And within the Coinbase Pockets cell app, you should use biometrics or a PIN to safe your Pockets.

Right this moment, we’re including help for Ledger {hardware} wallets within the Coinbase Pockets browser extension, introducing an extra safety possibility for our customers. {Hardware} wallets are bodily units that retailer the personal keys to your crypto pockets offline. As a result of each transaction on the blockchain requires each a person’s private and non-private keys, a {hardware} pockets ensures that solely the person who holds the bodily system can full a transaction.

Utilizing a {hardware} pockets is quite a bit like utilizing two issue authentication to safe an internet site login, however as an alternative of a six digit code that’s despatched as an SMS or generated in an authenticator app, your {hardware} pockets is used to bodily verify transactions with the press of a button.

Whether or not you’re a first-time {hardware} pockets person or have already got a Ledger it’s simple to make use of Coinbase Pockets to connect with the ever-growing world of NFTs, dapps, and DeFi. All you should do is obtain the Coinbase Pockets browser extension, join your Ledger to your laptop, and comply with the on-screen directions.

Whereas right this moment’s launch brings help for Ledger units to the Pockets extension, now we have formidable plans to help extra forms of {hardware} wallets not solely in Coinbase Pockets extension, however with our cell apps as nicely. We are going to quickly additionally add help for customers with a number of lively pockets addresses on a single Ledger system to pick out which handle they need to use with Coinbase Pockets.

We need to empower everybody to make use of dapps and entry web3, and that requires constructing the easiest-to-use and most accessible self-custody pockets within the ecosystem. Right this moment’s launch solves one other set of essential person wants, together with the flexibility to make use of a {hardware} pockets for enhanced safety.

You possibly can expertise the most recent enhancements for your self by downloading Coinbase Pockets without spending a dime from the App Retailer on iOS, Google Play on Android, or the Chrome net retailer. Ensure that to comply with us on Twitter @CoinbaseWallet for the most recent Pockets-related information.

Coinbase Pockets is a self-custody pockets offering software program companies topic to Coinbase Pockets Phrases of Service and Privateness Coverage. Coinbase Pockets is distinct from Coinbase.com, and personal keys for Coinbase Pockets are saved immediately by the person and never by Coinbase.com. Charges might apply. You do not want a Coinbase.com account to make use of Coinbase Pockets.

Ledger and the Ledger emblem are registered logos of Ledger SAS. Buy of the Ledger Nano X Coinbase Version may be made on Ledger’s web site and topic to Ledger Gross sales Phrases and Situations and Privateness Coverage. Topic to availability.