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Coinbase Debuts Smart Wallet, Gunning to Bring 1 Billion Users to Crypto
Top U.S. crypto exchange Coinbase today unveiled its promised Smart Wallet, a product it says it designed to reduce hurdles for new users looking to get started in the DeFi space.
"Smart Wallets allows users to create a free, secure, self-custody wallet in just a few seconds,” wrote Siddharth Coelho-Prabhu, senior director of product management at Coinbase, in a blog post announcing the release. “They simplify onboarding, reduce the number of transactions to be signed, and seamlessly let you use your Coinbase balances.”
