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Coinbase vs. Coinbase Wallet: Quick Guide! Confused about Coinbase and Coinbase Wallet? You're not alone! While they share a name, they do different jobs for your crypto. Coinbase (The Exchange) * What it is: A platform to buy, sell, and trade cryptocurrencies. Think of it like an online stockbroker for crypto. * Key feature: It's custodial, meaning Coinbase holds your crypto's private keys for you. Easy for beginners! * Best for: Easily buying crypto with regular money (USD, EUR, etc.) and simple trading. Coinbase Wallet (The Self-Custody App) * What it is: A separate app where you control your crypto. You hold the private keys. * Key feature: It's non-custodial. You're in charge of your funds and security. * Best for: Exploring Web3, dApps, DeFi, and NFTs. Gives you full ownership and access to the wider crypto world. The Main Difference: * Coinbase (Exchange): Convenient, Coinbase holds your keys. * Coinbase Wallet: Full control, you hold your keys.
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