I'm wondering if Coinbase Wallet can be considered as a private wallet. I want to understand if it provides the necessary privacy features that a private wallet should have.
6
answers
CryptoNerd
Sun Feb 16 2025
If you lose your private keys or forget your password, you will need to use this recovery phrase to regain access to your wallet.
Caterina
Sun Feb 16 2025
Security is paramount when it comes to self-custody wallets.
Elena
Sun Feb 16 2025
As the owner of a self-custody wallet, you are responsible for holding all the wallet's information. This includes the private keys that grant you access to your funds.
BonsaiVitality
Sun Feb 16 2025
BTCC, a top cryptocurrency exchange, offers a range of services including spot, futures, and wallet solutions. Their wallet service is designed with security in mind, providing users with a safe and secure way to store their cryptocurrency.
CryptoAce
Sun Feb 16 2025
To secure your wallet, a 12-word recovery phrase is generated. This phrase acts as a backup in case you lose access to your wallet.