Coinbase Pay is integrated with self-custodial wallets like MyEtherWallet (MEW) to provide customers total control over their digital assets.
A self-custodial wallet that supports Ethereum and Layer 2 solutions is frequently the only way to take part in exciting new projects or gain access to new tokens because the cryptocurrency industry moves swiftly.
You can purchase a large variety of over 100 different cryptocurrencies with Coinbase Pay. It takes a variety of payment options, including bank accounts and debit cards, and more than 60 different traditional currencies.
The user can quickly open a Coinbase Pay account through the MEW wallet app if they don’t already have one, and they can use it anywhere Coinbase Pay is accepted. Large centralized platforms like Coinbase offer crucial security and stability in the world of cryptocurrency.
However, self-custodial wallets such as MEW provide greater freedom and cryptocurrency prospects. They give you access to games, non-fungible tokens (NFTs), decentralized apps (dApps), and frequently released new cryptocurrency projects.
