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How to Set Up Your Coinbase Wallet as Crypto Market Booms

Last Updated: April 17, 2024
As Bitcoin holds over the $72,000 threshold, Boardroom breaks down how to set up a Coinbase Wallet if you want to get in on the current crypto hype.

Coinbase is a sponsored partner of Boardroom.

Much has changed with Coinbase‘s crypto wallet since the leading crypto exchange launched its flagship product in 2018.

Boardroom previously explained what digital wallets are and how to store cryptocurrencies on them. As a refresher, we’re back with a video breakdown of how to set up a Coinbase Wallet if you want to get in on the current rally around crypto.

VIDEO GOES HERE

This walkthrough couldn’t have come at a better time, as Bitcoin went over the $70,000 threshold for the first time last week and had been trading above $72,000 at the time of this writing. The crypto bull market is upon us as other popular cryptocurrencies, such as Ethereum and Solana, are also seeing positive upticks in recent months.

Important note for Coinbase Wallet users: This type of crypto wallet is a self-custody wallet managed by its owner and kept secure by Coinbase. It allows users to interact with crypto and decentralized finance protocols, but users will have to skip over to the Coinbase crypto exchange via the app or at Coinbase.com to buy, sell, and trade cryptocurrencies.

Happy crypto trading, folks.

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Michelai Graham

Michelai Graham is a tech reporter and digital creator who leads tech coverage at Boardroom, where she reports on Big Tech, AI, internet culture, the creator economy, and innovations shaping sports, entertainment, business, and culture. She writes and curates Tech Talk, Boardroom’s weekly newsletter on industry trends. A dynamic storyteller and on-camera talent, Michelai has covered major events like the Super Bowl, Formula 1’s Las Vegas Grand Prix, and NBA All-Star. Her work has appeared in AfroTech, HubSpot, Lifewire, The Plug, Technical.ly DC, and CyberScoop. Outside of work, she produces the true crime podcast The Point of No Return.

About The Author
Michelai Graham
Michelai Graham
Michelai Graham is a tech reporter and digital creator who leads tech coverage at Boardroom, where she reports on Big Tech, AI, internet culture, the creator economy, and innovations shaping sports, entertainment, business, and culture. She writes and curates Tech Talk, Boardroom’s weekly newsletter on industry trends. A dynamic storyteller and on-camera talent, Michelai has covered major events like the Super Bowl, Formula 1’s Las Vegas Grand Prix, and NBA All-Star. Her work has appeared in AfroTech, HubSpot, Lifewire, The Plug, Technical.ly DC, and CyberScoop. Outside of work, she produces the true crime podcast The Point of No Return.