Coinbase has unveiled a new web application. It allows users to manage multiple on-chain wallets in one place. The app works on desktops and mobile devices.
The move is part of a broader industry trend. Wallet makers are trying to simplify access for newcomers. Coinbase's app aims to streamline wallet management.
Users can connect several wallets to the app. They can buy, swap, send, stake, and mint coins from these wallets. The app also enables user interaction.
Coinbase highlighted a common problem. "Today, many people use manual spreadsheets and need to open multiple browser tabs to track their assets holistically," they said. This app addresses that issue.
Managing multiple crypto wallets has been tricky. Getting a comprehensive view of all assets in one place was challenging. Coinbase's app tackles this head-on.
The application is compatible with smart wallets. This broadens its appeal to tech-savvy users.
Coinbase isn't the first to offer such a solution. Other wallet providers, like Exodus, have launched similar products. The industry is keen to welcome less tech-savvy investors.
Decentralized wallets can be a pain to navigate. This app could make life easier for many users.
For Coinbase, this launch is strategic. It aligns with their long-term goal of becoming a "super app". They're aiming for something akin to China's WeChat.
Broadening access is crucial for Coinbase. If they want to be a "super app", they need to rope in a wider audience. This new app is a step in that direction.