Coinbase has launched a new feature on its Coinbase Developer Platform (CDP) called Embedded Wallets. These are built-in, white-label self-custody wallets that developers can easily integrate into their applications without complex development.
Embedded Wallets simplify access to cryptocurrencies
New built-in wallets from Coinbase allow you to buy cryptocurrencies directly in the app. Easily swap tokens, and earn 4.1% per year on your USDC balance—without any complicated integrations. The wallet is created automatically within 500 milliseconds of logging in via email, SMS, or OAuth. With no seed phrase or other complicated steps required.
Developers have full control over the user interface. Allowing them to fully integrate the wallet into their own app without the need for external elements. This allows them to customize the look and functionality to meet the specific needs of their users. This greatly simplifies onboarding—users sign up in seconds and can get started right away, without a seed phrase or complicated configuration. The entire process is accessible even to complete beginners.
Wide network support and high security
Embedded Wallets support a range of EVM-compatible blockchain networks, including Ethereum, Base, Arbitra, Polygon, and Optimism, with support for Solana planned. This allows developers to easily scale their applications. Across different blockchain platforms without having to adapt their wallets for each network separately.
Wallet security is ensured by Trusted Execution Environments (TEE), which means that all cryptography takes place in an isolated environment that even Coinbase cannot access. Users have full control over their wallets and can rely on a high standard of protection.
