Is Coinbase Wallet custodial? Who holds your funds?
No. Coinbase Wallet is listed as non-custodial: your funds stay in a wallet you control, not with the venue.
Checked 2026-10-17 · 3 sources- Self-custody wallet: private keys are stored on your device, and no Coinbase account is needed. Wallet types are a passkey smart wallet (EVM only), an email/social-login (CDP) wallet, and a recovery-phrase (mnemonic) wallet.
- Non-custodial does not mean risk-free. Smart-contract bugs, phishing and malicious approvals can still lose funds.
Sources: Coinbase Help: Swap using a DEX (fee of up to 1%) · Coinbase Help: Swap advanced features (slippage, gasless mode) · Coinbase Help: Supported assets and networks. The venue's own page wins if it disagrees with ours.
Coinbase Wallet
Wallet. Coinbase Wallet is Coinbase's self-custodial wallet app and browser extension. It was called the Base App from July 2025 until it reverted to the Coinbase Wallet name in September 2026. It offers DEX swaps, limit orders, Hyperliquid-powered perps, prediction markets and tokenized stocks across Base, Ethereum, Solana, Bitcoin, Robinhood Chain and other networks.
Full Coinbase Wallet sheet: fees, custody, incidents →