Coinbase Wallet is a separate application from the main Coinbase app. While the Coinbase app is mainly used for purchasing, selling, and trading cryptocurrencies, Coinbase Wallet is a self-custody wallet that allows users to store their private keys independently. It supports a wide variety of cryptocurrencies and provides features like browsing decentralized applications (dApps) and accessing NFT marketplaces. This grants users full control over their digital assets.

Yes, Coinbase Wallet is designed with security features, giving users control over their private keys and funds. Unlike centralized exchanges, funds are stored directly on the user's device. However, it's essential to protect your device and back up your recovery phrase to ensure asset recovery in case of loss or theft.

Absolutely. Coinbase Wallet allows users to connect directly with dApps on the Ethereum network and other blockchains. Using its built-in dApp browser, users can access decentralized services such as DeFi platforms, NFT marketplaces, and more, enabling exploration of blockchain technology beyond cryptocurrency trading.

Transferring funds is simple: open the app, select the cryptocurrency to send, input the recipient's wallet address, and confirm the transaction. Make sure you have enough funds to cover network fees. Double-check the recipient address to prevent mistakes, as blockchain transactions are final and irreversible.

Coinbase Wallet does not impose fees for sending or receiving cryptocurrencies. However, blockchain network fees, or gas fees, are needed to process transactions. These fees fluctuate based on network congestion and the type of cryptocurrency used, so users should be aware of these costs as they can affect the total transaction amount.