Coinbase is set to introduce a smart contract wallet, enabling users to directly purchase Base coins from their Coinbase accounts. This innovative wallet will support most Ethereum Virtual Machine (EVM) networks at launch, not limited to Base. The wallet aims to simplify the user experience with features such as creating a wallet within 10 seconds without leaving the app, passkey-based transaction signing, and biometrically secured keys, eliminating the need for recovery phrases. Users will also have the ability to trade using their Coinbase balance. This development is seen as a significant step towards enhancing crypto adoption and is particularly bullish for Base and the broader cryptocurrency market.
imo literally the easiest play from this point in this cycle is to buy some promising assets on Base and wait for 100 million existing customers to login to their Coinbase account and try the Coinbase Smart Wallet with ETH directly from their account on Base
If, like me, you haven't dove into Coinbase's Smart Wallet plans, check this out. Explains what it is and demos various account abstraction-enabled features. Sick. https://t.co/0aa318FuAf
If, like me, you haven't dove into Coinbase's Smart Wallet plans, check this out. Explains what it is and demos various account abstraction enabled features. Sick. https://t.co/0aa318FuAf