Yes, it is possible to have multiple Coinbase Wallet crypto wallets. You can create multiple addresses within each wallet that function as separate wallets, and each can be imported to multiple devices. You can also use the same address on more than one device, and add different blockchains to the same wallet. The blockchains supported by the wallet can be found in the app. As they add new and popular blockchains all the time.
To create a new Coinbase Wallet, you can go to the "my wallets" section of your existing wallet and click the "add & manage wallets" button. You can repeat this process as many times as you like to create additional wallets for different use cases or to manage your crypto holdings. Alternatively, you can download the wallet on another device and create a new address to have multiple wallets. If you have the Coinbase Wallet on two different devices, you can also use the same address to simplify things.
How to use the same address on 2 different devices
If you have a cryptocurrency wallet on two different devices, such as Coinbase Wallet, Trust Wallet, or Exodus, it's possible to use the same address on both. All you need to do is import the 12-word phrase or private key from one wallet to the other.
For example, if you use Coinbase Wallet on your phone and as a web extension, you can simply import the 12-word phrase from one device to the other. However, if you want to use two different wallets with the same blockchain account, you may need to import the private key.
It's important to be cautious when sharing private keys or 12-word phrases, as they provide access to your crypto funds. Only share them with trusted parties.
How to add a second wallet to Coinbase wallet
To add a second wallet to Coinbase Wallet, click "add new wallet" and it will directly create a new address for you. Once you have two addresses, you can transfer your ETH, Litecoin, or any other supported asset between them.
Alternatively, you could use multiple crypto wallets simultaneously, including those besides Coinbase Wallet. This can give you exposure to different interfaces and blockchains. If you use an EVM wallet, you can link it to your existing wallet and use two different interfaces for the same blockchain account.
How to add other blockchains to Coinbase Wallet
Expanding the range of blockchains on Coinbase Wallet is a straightforward process. Coinbase Wallet has an extensive list of supported blockchain networks, like EVM wallets. But also many other chains like Bitcoin and Dogecoin. Adding a new blockchain to your Coinbase Wallet cant be done manually, as they have fixed blockchains within the wallet. If your favorite blockchain is not between them, you will have to use a different wallet.
Here's a list of specific blockchains that you have in your Coinbase Wallet:
Bitcoin
Ethereum
Binance Smart Chain
Polygon
Arbitrum
Litecoin
Optimism
XRP
Dogecoin
Avalanche
Stellar
Solana
Ethereum Classic
Fantom
Can I use the same EVM address for other blockchains in the Coinbase wallet?
Using the same Ethereum address on multiple EVM-compatible blockchains is possible and straightforward. This feature enables you to switch between chains seamlessly and take advantage of the multi-chain Defi ecosystem.
It's important to note that you don't need a new address for each blockchain as long as they are EVM blockchains. Instead, you can use the same address for different EVM-compatible cryptocurrencies. This makes it easy to manage your assets and transfer them between chains. Do pay attention to this as cryptocurrencies like Bitcoin and Litecoin are not EVM compatible. That is why many Bitcoin users don't use EVM wallets but rather Bitcoin (only) wallets.
If you mistakenly send your tokens to the wrong address, there's no need to worry. You can retrieve them by checking that blockchain in your Coinbase Wallet and accessing your address on that chain. If that chain doesn't work in the Coinbase wallet, you could always try to use Metamask and move your address to a Metamask wallet.
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We hope this article has answered your questions about adding blockchains to your Coinbase Wallet. If you have any other crypto-related queries, please don't hesitate to reach out to us on social media or check out our other educational blogs.
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