How to Connect Coinbase to Metamask Wallet? Is It Possible?
Coinbase is one of the oldest and most renowned players in the cryptocurrency marketplace and at the same time, MetaMask is also gaining huge popularity in the world of the Ethereum ecosystem. However, those users who are buying ETH through Coinbase may need a wallet to store and manage those Ethers. Therefore, they might be looking for ways to connect Coinbase to MetaMask wallet.
But, the first question that they should try and find the answer to is the question if it is possible to connect Coinbase to MetaMask? Well, you can easily connect your MetaMask wallet with that of the Coinbase wallet and we shall tell you how to do that in the upcoming sections of this read.
In order to connect the two wallets together, make sure that you have already set your accounts on the two platforms. Thus, you can follow the steps that are listed below and check out how you can connect Coinbase to MetaMask wallet extension.
Importing MetaMask into Coinbase wallet extension
- To initiate the process, make sure you have installed the Coinbase wallet extension
- Now, it’s time that you open the MetaMask wallet extension and access your wallet
- Followed by this, you can navigate to the “Settings” menu and choose the “Security & Privacy” option
- Later on, you need to click on the “Reveal secret recovery phrase” option and enter the login password
- Thereafter, you can copy down the secret phrase and then open the Coinbase wallet login page
- Here, you need to select the option to import an existing wallet using the secret recovery phrase
- Enter the secret recovery phrase which is the phrase that you copied in the previous step
- Once done entering the details, click the “Import Wallet” option and then set a username and password
As soon as you are done with the process to connect Coinbase to MetaMask wallet, you can go ahead with the procedure to transfer NFT from Coinbase wallet to MetaMask.
What is the Coinbase to MetaMask transfer fee?
If you are swapping any kind of tokens from your MetaMask account to any other account or vice versa, then you are subject to pay a fee for this process. Please note, that if you swap any kind of tokens from MetaMask to a supporting wallet, you will need to pay 0.875 percent of the transaction value as the fee for this swap. On the other hand, if you are making transactions through the Coinbase portal, then you may need to pay $0.99 to $2.99 as the transaction fee.
Why is the Coinbase wallet extension not working?
If you have been trying to connect Coinbase to MetaMask wallet but the Coinbase extension does not seem to work, then there could be different factors responsible for this problem. In this situation, what you can do is use the Coinbase wallet app instead of the Coinbase wallet desktop version. If that does not help you with the issue, then you need to make sure that you’re connected to proper network connectivity and that the Coinbase servers are not down.
How do I connect my MetaMask wallet to Coinbase?
If you are ready to use the Coinbase wallet, then you can either set up a new self-custody wallet or you may also restore a pre-existing wallet such as MetaMask. For this, you need to select a relevant option and then enter the 12-word secret recovery phrase to import and connect your MetaMask wallet with that of Coinbase.
Can you connect Coinbase Pro to MetaMask?
Yes, you can definitely connect your Coinbase wallet with that of the MetaMask wallet. For this purpose, you first need to set up your MetaMask wallet and Coinbase wallet separately. Now, in the Coinbase interface, you can choose the import wallet option and choose” MetaMask” as the wallet you wish to import. When asked, enter the MetaMask wallet details.
Is MetaMask safer than Coinbase?
When it comes to securing your crypto funds, it was found that the security features offered by Coinbase are somewhat stronger than MetaMask. However, if we talk about only the safety of Ethereum-based crypto funds, then MetaMask probably wins the case. However, for the security of a wide range of crypto assets, Coinbase is considered the best.
Can MetaMask hold Bitcoin?
Well, it is pretty evident that MetaMask is made only to hold cryptocurrencies that are built on the Ethereum blockchain network. However, in some indirect ways, MetaMask does support Bitcoins to a very small extent. But, you should only use MetaMask to store ETH or ERC-20 tokens.
If the details given above do not answer your query, try searching for the keyword “import Coinbase wallet to MetaMask Reddit” and you will definitely find some relevant details on the internet. Make sure to be precise while you make your search and you will find relevant solutions to your queries. By following and applying the given steps, in the same manner, you will be able to achieve your goal of connecting the two wallets together.