The other name of the Coinbase Wallet is the premium choice wallet. Well, the reason might be its high transaction wallet with top security, making this wallet a perfect and premium combo of security and fee. Due to the high transaction fee, the customer base of this wallet is not strong. People who do not have a tight budget, generally prefer the use of the Coinbase Wallet. But to use this wallet you either need to install the mobile application or the extension.
You can execute the Coinbase download procedure through several modes, through the official website, Chrome Web Store, Google Play Store, and App Store. The final choice is on the user. Let us now begin with the blog to enhance your knowledge base of users.
Is Coinbase and Coinbase Wallet different?
Yes, there is a major difference between both of them. The Coinbase wallet is the product of the Coinbase exchange. As the name suggests, the wallet keeps and protects your digitally possessed crypto assets. Whereas the crypto exchanges work just like the stock exchanges. It enables the investors or the traders to purchase the digital asset or the crypto coin listed on the exchange. Each of the crypto exchange has a different number of listed cryptocurrencies. On a personal evaluation from our side, after the Coinbase download, we found out that this wallet has almost all of the popular crypto assets listed on it. Also, you should remember that due to the newest launches in the crypto industry, the list may vary from time to time.
Does Coinbase provide Bitcoin for free?
Yes, you’ve heard it right, Coinbase does provide users with free Bitcoin, with certain qualifying restrictions to obtain it. Well, let us get on with those restrictions in this blog section of the blog. This opportunity of the free Bitcoin is only for the people of eligible US residents. However, this list also excludes the people of Hawaii due to certain reasons. To get free Bitcoin a user needs to set up an account on the Coinbase after the Coinbase download. Once you are done with this, purchase any crypto asset and in return, you will get the $5 Bitcoin, the platform will automatically add your Bitcoin or BTC (abbreviation of Bitcoin) to your portfolio section of the wallet. If you still feel that you need more information regarding these free rewards, surely visit the official Coinbase page to gather the information.
Trouble in sending the Crypto Assets
This platform offers you the services of a crypto wallet as well, and then enjoy the wallet services. But recently some of the users have reported the issue in sending the crypto transactions. Thus below are the solutions for it:
- Make sure that you’ve entered the legitimate wallet address of the recipient.
- Check on the spending limit of the wallet, and if you’ve already crossed it, then it can cause the error.
- Connect your device to a proper internet network that does not have breakouts especially while working.
- Wait for a few hours, the site may show an error because of the high network congestion.
Summing it Up!
We are now on the end of the Coinbase download blog, to shorten the presented blog, we enlightened you with the difference between the Coinbase and the Coinbase Wallet. And right below it, we explained to you how to get free Bitcoin from the wallet itself and the eligibility criteria. Sand after that the common measures to follow for trouble in the sending crypto option. For any further information, get on to the official Coinbase page and gather all the information needed.