Coinbase Is About To Release A New DApp Wallet and Browser for Ethereum

Users will be able to buy digital collectibles, trade crypto assets on decentralized exchanges, and engage in decentralized financing (DeFi) with the release of a new DApp wallet and browser from the US-based crypto exchange.

​Hmm, shortly after Robinhood announced the addition of the same new feature to their platform, also here’s some quotes from their most recent interview:

“ We’ll roll out the ability for a small set of Coinbase app users to access Ethereum-based DApps directly from the Coinbase app. This includes buying NFTs [non-fungible tokens] on marketplaces like Coinbase NFT and OpenSea, trading on Decentralized Exchanges like Uniswap and Sushiswap, and borrowing, lending, or swapping through DeFi platforms like Compound and Curve.

With today’s launch, users can explore DApps without having to manage a recovery phrase.

This innovative DApp wallet experience is powered by Multi-Party Computation (MPC) technology that enables you to have a dedicated on-chain wallet that Coinbase helps you keep secured.

​This is due to the way this wallet is set up, which allows the ‘key’ to be split between you and Coinbase.
Ultimately, this means if you lose access to your device, the key to your DApp wallet is still safe and Coinbase can assist in recovery through our live support.”


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The new Ethereum-based DApp wallet and browser will be accessible straight from the Coinbase app and will be available to a select group of customers in the United States at first. The DApp wallet and browser will be initially available on Android mobile devices.