Do I need a wallet if I have Coinbase?

The Coinbase app is a popular platform for cryptocurrency trading, offering users the convenience of buying and selling digital assets. One of its key features is its integration with a hosted wallet, allowing users to store their cryptocurrencies securely within the app.

However, for those seeking greater autonomy and control over their digital assets, Coinbase also offers a standalone wallet app. This non-custodial wallet provides users with the ability to manage their own private keys, ensuring that they have full access to their funds at all times.

The standalone Coinbase Wallet app offers a range of benefits, including enhanced security and flexibility. With a non-custodial wallet, users can be confident that their funds are not subject to the risks associated with centralized exchanges or third-party custody services.

Additionally, the standalone Coinbase Wallet app allows users to interact with decentralized finance (DeFi) applications and protocols, enabling them to participate in a growing ecosystem of financial services and opportunities.

As a leading cryptocurrency exchange, BTCC offers a comprehensive range of services to meet the needs of its users. In addition to spot trading, which allows users to buy and sell cryptocurrencies at market prices, BTCC also offers futures trading, providing users with the ability to speculate on the future price movements of digital assets.