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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 Boardroom's resident tech and crypto reporter. Before joining 35V, she was a freelance reporter with bylines in AfroTech, HubSpot, The Plug, and Lifewire, to name a few. At Boardroom, Michelai covers Web3, NFTs, crypto, tech, and gaming. Off the clock, you can find her producing her crime podcast, The Point of No Return.

About The Author
Michelai Graham
Michelai Graham
Michelai Graham is Boardroom's resident tech and crypto reporter. Before joining 35V, she was a freelance reporter with bylines in AfroTech, HubSpot, The Plug, and Lifewire, to name a few. At Boardroom, Michelai covers Web3, NFTs, crypto, tech, and gaming. Off the clock, you can find her producing her crime podcast, The Point of No Return.