One of the biggest barriers to growing onchain adoption is the complexity of the onboarding experience. Users struggle with the core parts of getting started with onchain applications, like seed phrases, transaction signing, and gas fees, and we believe that it needs to be much simpler.
To support developers in bringing billions of users onchain, we’re excited to share that Coinbase is building two new wallet solutions. Developers can now choose from a smart wallet solution created by Coinbase Wallet that can be used across many apps, or integrate an embedded, app-specific wallet powered by Wallet as a Service. Both solutions will help reduce these points of friction and help make onchain onboarding easier and faster:
Smart wallet is an addition to the Coinbase Wallet SDK that enables instant wallet creation within a dapp using just a passkey – no app downloads, extensions, or seed phrases required. This global unified wallet allows users to take their balances with them and can be used in the hundreds of EVM-compatible applications that are already integrated with the Coinbase Wallet SDK. Now available on Base Sepolia testnet, developers can easily get started with this free and user-ready solution.
Embedded wallets, powered by Wallet as a Service, allow developers to create white-labeled embedded wallets that abstract away the complexities of crypto in favor of familiar email and social login flows. These embedded wallets enable custom user experiences completely contained within an application. Developers can now sign up for the early access program.
As strong supporters of building in open and collaborative ways, we invite feedback on these solutions from the developer community to help us make it easier, faster, and safer to bring a billion users onchain.
Smart wallet by Coinbase Wallet Developers can now provide their users with best-in-class UX using Coinbase Wallet’s new smart wallet, available on testnet. It offers a free, self-custodial, user-ready solution for creating a wallet in seconds directly from any dapp – with just a passkey. As a fully portable wallet, users can use their smart wallets in any of the thousands of EVM dapps that already integrate the Coinbase Wallet SDK. We’ve also enriched the user experience with a full screen web-based wallet companion portal that helps users manage their assets and identities all in one place.
Some of the key benefits of smart wallet include:
Simple & secure: Create a new wallet instantly, no apps or extensions required.
Easy to fund: Pay with Coinbase account balances without complex transfers.
Fully portable: Manage balances across platforms and take the wallet balance to any dapp.
During the testnet phase, developers will be able to create wallets, use passkey technology for easy and secure signing, test transactions on the Base Sepolia testnet, and view their wallet activity and balances in a full screen web companion portal. As we continue to build towards our mainnet launch, developers will start to get access to first-class features, including top EVM chains, passkey recovery, and gas sponsorship credits on Base with the Account Abstraction Kit.