What is Coin base Wallet? #Shorts#information#cryptocurrency

Why we chose it: We chose Coinbase Wallet as the best crypto wallet for beginners because it’s an intuitive and highly secure wallet that is backed by a well-known exchange.
Coinbase Wallet is an excellent wallet for beginners who have little to no experience with crypto. The app can connect to most major bank accounts and has an interface that is welcoming and easy to navigate, consisting of a simple three-tab layout and clearly identifiable functions. Coinbase Wallet can store non-fungible tokens (NFTs) and digital collectibles, and it supports over nearly 200 crypto assets — one of the largest numbers among hot wallets on this list.
It’s important to make a distinction between Coinbase the exchange and the Coinbase wallet. The Coinbase wallet may be used without opening an account with one of the largest cryptocurrency exchanges. It's also non-custodial, meaning its private key is stored in your device — not in Coinbase’s servers — so you don’t need to worry about your currencies being locked for any reason or exposed to a cyberattack on the website.
Other highlights include:
Uses the Secure Enclave chip available in Android, iOS, iPad, and Mac devices to provide biometric authentication (e.g. FaceID, TouchID)
Access to decentralized exchanges in-app, which can convert tokens without any intermediaries
Optional cloud backups to protect your digital keys.