What are the steps to set up and use a cold wallet with Coinbase?

1 answers

• Dec 17, 2021 · 3 years ago
  Certainly! Here's a step-by-step guide on how to set up and use a cold wallet with Coinbase: 1. Log in to your Coinbase account and navigate to the 'Settings' page. 2. Scroll down to 'Security' and click on 'Cold Wallets'. 3. Choose the type of cold wallet you want to set up, either a hardware wallet or a paper wallet. 4. Follow the instructions provided by Coinbase to connect and set up your chosen cold wallet. 5. Once your cold wallet is set up, transfer your digital assets from your Coinbase account to the cold wallet address. 6. Ensure you keep your cold wallet and any associated recovery phrases or private keys in a secure location. Using a cold wallet with Coinbase enhances the security of your digital assets by keeping them offline and protected from potential online threats.
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