Are Coinbase and Coinbase Wallet the same?

For those of us navigating the crypto landscape, clarity is crucial. So, let's dive into the question: "Are Coinbase and Coinbase Wallet the same?" At first glance, the names may seem synonymous, but there are indeed distinct differences. Coinbase, as we know, is a leading digital currency exchange platform, allowing users to buy, sell, and trade a wide range of cryptocurrencies. It's a trusted gateway for those looking to enter the crypto world, providing a secure and user-friendly interface. Now, Coinbase Wallet, on the other hand, is a non-custodial digital currency wallet. This means users have sole control over their private keys and digital assets, unlike with Coinbase's exchange platform. It enables users to store, send, and receive digital currencies, as well as access decentralized applications (dApps) and earn rewards through staking. So, in summary, Coinbase and Coinbase Wallet are not the same. One is a robust crypto exchange, while the other is a self-custodial wallet solution. Understanding this distinction is crucial for anyone looking to maximize their crypto journey.