What is Coinbase Wallet (formerly Base App)?
Base App, Coinbase's self-custodial app, was renamed back to Coinbase Wallet on September 8, 2026, about 14 months after the original rebrand. The social features were dropped from the pitch, and the app now positions itself as a self-custodial venue for crypto, stocks, commodities, predictions and perps.
Coinbase relaunched its wallet as Base App in July 2025 with social feeds, messaging, payments and trading. Coinbase leadership later acknowledged the social side did not work, and app leadership moved to Jordan Fish before the name reverted.
The current app offers instant cross-chain swaps, candlestick charts, limit orders, perpetual futures powered by Hyperliquid, prediction markets and onchain tokenized stocks. Some markets are geo-restricted, and perps are not offered to US users.
The wallet remains self-custodial: users hold their keys, and Coinbase says scam tokens are detected and hidden automatically. A USDC rewards product (up to 3.35% APY, rate variable) is rolling out in the US for users who link a Coinbase account.
Coinbase describes the app as a test kitchen for assets not yet listed on its centralized exchange. Base remains a core chain, but the app now supports more than 10 networks.
Good fit for
- Beginners wanting a trusted brand with self-custody
- Users who want perps and predictions without separate apps
Not ideal for
- Cost-sensitive high-volume traders
- Users seeking the social features of the old Base App
Coinbase Wallet (formerly Base App) Atlas AI Score
7.3 / 10 Strong
Confidence: Medium
The former Base App is now a trading-first Coinbase Wallet. It is a solid self-custodial choice for convenience, but the swap fee and opaque perps pricing make it costly for active traders.
Spot, limits, perps, predictions and stocks.
Swap fee up to 1%; other fees not scheduled publicly.
Self-custodial with scam filtering from a major firm.
Long-running product; geo limits on some markets.
Coinbase help center; limited fee docs.
Scored by AI from official sources on October 27, 2026. No hands-on testing or security audit. How we score
Coinbase Wallet (formerly Base App) features
- Custody
- Self-custodial, no KYC for core use
- Chains
- 11 incl. Base, Solana, Bitcoin, Robinhood Chain, Monad
- Spot
- Cross-chain instant swaps
- Orders
- Limit orders, candlestick charts
- Perps
- Leveraged futures powered by Hyperliquid
- Other markets
- Prediction markets, tokenized stocks and commodities
- Safety
- Automatic scam-token hiding
- Platforms
- iOS, Android and web
Coinbase Wallet (formerly Base App) fees
Coinbase's help center describes DEX swaps in the wallet as carrying a Coinbase fee of up to 1%, on top of any aggregator or liquidity-provider fee and network gas. The exact amount appears on the review screen before you confirm.
Fees for perps (powered by Hyperliquid), prediction markets and tokenized stocks are Not published in a single schedule; Coinbase declined to share the fee structure when asked by the press after the September 2026 rebrand.
Coinbase Wallet (formerly Base App) pros and cons
Pros
- Backed by Coinbase with a large existing user base
- Self-custodial with broad chain coverage
- Perps, predictions and stocks in one app
- Simple interface for beginners
Cons
- Swap fee up to 1% is high versus direct DEX use
- Full fee schedule for perps and predictions Not published
- Repeated rebrands and strategy shifts
- Several markets geo-restricted
Coinbase Wallet (formerly Base App) vs Veranta (formerly Avantis) vs Zora
The closest alternatives in our catalog: same market first, then the highest-scoring products.
| Feature | Coinbase Wallet (formerly Base App) | Veranta (formerly Avantis) | Zora |
|---|---|---|---|
| Type | Self-custodial multichain wallet app with swaps, perps, predictions and tokenized stocks | Perpetuals exchange on Base for crypto and real-world assets | Social network on Base where posts and creators are coins |
| Platform | iOS, Android, web · Base, Ethereum, Solana, Bitcoin, BNB Chain, Robinhood Chain, Monad, Arbitrum, Optimism, Polygon, Avalanche | Web app · Base | Web, iOS, Android · Base |
| Trading fee | Swap fee up to 1% plus network and aggregator costs, shown before confirming | Crypto 0.001%-0.045% per side; RWAs 0% in growth mode | 1% per swap |
| Custody | Self-custodial, user holds the keys; no KYC for core wallet use | Self-custodial | Self-custodial |
| Telegram | Not published | Not published | Not published |
| Atlas AI Score | 7.3 / 10 | 8.1 / 10 | 8.0 / 10 |
| Confidence | Medium | High | High |
Compare side by side: Coinbase Wallet (formerly Base App) vs Veranta (formerly Avantis) vs Zora
How to get started with Coinbase Wallet (formerly Base App)
- Download Coinbase Wallet from the official site or app stores.
- Create a wallet and back up the recovery phrase offline.
- Fund it from Coinbase or another wallet on a supported chain.
- Run a small swap and review the fee line before confirming.
