x.com/CoinbaseWallet” target=”_blank” rel=”noopener”>Coinbase has launched a new Smart Wallet designed to optimize the user experience in blockchain transactions, addressing common issues such as complex onboarding processes, network fees, and the need for recovery phrases.
Smart Wallet allows users to quickly create a secure, self-custodial wallet using familiar authentication methods such as Face ID, Google Chrome, and a fingerprint unlock feature, among others.
One notable feature is the gasless transaction capability, which allows developers to sponsor transaction fees for users through payment integrations, removing the barrier of network fees.
Source: CoinbaseUshering in mass adoption with simplified onboarding
The wallet supports multi-chain transactions and integrates with major on-chain applications, allowing users to carry their wallet, identity and balances across multiple applications initially supporting 8 networks: Base, ethereum, Optimism, Arbitrum, Polygon, Avalanche , BNB and Zora.
Additionally, a companion web app provides features such as identity management, purchasing, shipping, trading, nft, and transaction history, and serves as the primary platform for managing smart wallets.
Coinbase is now offering incentives for developers who integrate Smart Wallets into their apps. The integration process requires minimal coding and developers can benefit from gas credits through the Base Gasless Campaign and $eth rewards through the Base Buildathon.
For more information and updates on this launch, follow Coinbase on x.
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