Jumping in on a continued effort by wallet makers to simplify access and user experience, particularly for newcomers, Coinbase (COIN) is introducing an app that lets users manage all of their on-chain wallets and activities in one place, the company announced Thursday.
The app will allow users to connect multiple wallets and let them buy, swap, send, stake or mint coins from their wallets. Adopters of the app will also be able to interact with each other.
“Today, many people use manual spreadsheets and need to open multiple browser tabs to track their assets holistically,” Coinbase said in a statement. “Many people also manage several crypto wallets, and until now, achieving a comprehensive view of all their assets in one place has been a challenge.”
The app will be available on both desktops and mobile devices and will also work with smart wallets.
Other wallet providers, such as Exodus, have previously launched similar products as the industry tries to welcome less tech-savvy investors to the space. Cold or decentralized wallets, for instance, can be difficult to navigate at times.
For Coinbase, the new app is another step towards the company’s long-term goal of becoming a “super app,” similar to China’s popular WeChat. If that continues to be the end goal for the exchange, broadening access to a wider audience is crucial.
Coinbase is helping bring cryptocy deeper into the U.S. housing market through a partnership with Better Home…
A growing bipartisan effort to curb financial conflicts of interest in Washington is expanding beyond…
The worlds of fine art and digital collectibles are colliding once again as ElmonX prepares to launch…
VeVe is expanding beyond digital collectibles and comics with the launch of Stickerverse, a new social…
Kalshi is moving quickly to expand its newly approved crypto derivatives business after announcing plans to…
Former U.S. presidential candidate Andrew Yang is expanding his presence in the telecommunications industry after Noble Mobile announced the…