Let’s first see how to create a new coinbase wallet. As soon as you hit the blue button, you will be prompted to create a username. This is how other users can find you and send you cryptocurrency.
Please keep in mind that you won’t be able to change your username after this!
Once you’re happy with your choice, hit submit. Now, you will be given a 12-words seed phrase. Make sure to write these down in the exact order they appear, double-check every letter, and store them safely. Losing this seed phrase means that you will no longer have access to your cryptocurrencies, and there is nothing Coinbase or anyone can do to restore it.
As soon as you have that done, you are ready to continue. The next step is an additional security layer added by Coinbase Wallet to make sure that you wrote the seed phrase down correctly.
You will see a bunch of scrambled words, and you will have to click on the first and the last word from your seed phrase.
After that, you will need to enter a strong and secure password. It’s recommended that you use lower and upper-case letters, numbers, and special characters for additional protection. Once everything is all set, this is what the extension looks like:
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