Company Description:
The downside of Coinbase Wallet is its complexity [1»818»233»0546] for beginners and the responsibility it places on users to manage their own private keys. Unlike Coinbase’s main app, it doesn’t offer custodial services [1»818»233»0546], meaning lost recovery phrases result in permanent loss of funds. Additionally, exposure to decentralized apps (dApps) can increase risk if users interact with malicious or unverified platforms.