Cryptocurrency Q&A Is Coinbase Wallet really self-custody?

Is Coinbase Wallet really self-custody?

HallyuHeroine HallyuHeroine Fri Nov 29 2024 | 6 answers 1387
I heard about Coinbase Wallet offering self-custody solutions, but I'm not sure if it's really true. I want to confirm if Coinbase Wallet is indeed a self-custody wallet before I start using it. Is Coinbase Wallet really self-custody?

6 answers

CharmedVoyager CharmedVoyager Sun Dec 01 2024
The Coinbase Wallet is recognized as a "self-custody wallet".

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Arianna Arianna Sat Nov 30 2024
This classification arises from its design which prioritizes user control over cryptocurrencies.

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Martina Martina Sat Nov 30 2024
Coinbase offers support to assist users in retrieving their lost spot passwords for these wallets.

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CharmedFantasy CharmedFantasy Sat Nov 30 2024
With a self-custody wallet, users have the utmost authority over their digital assets.

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CryptoQueen CryptoQueen Sat Nov 30 2024
However, this level of control is accompanied by increased personal responsibility.

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