Coinbase Expands Features, Allowing Some App Users to Access Ethereum-Based Dapps

2 years ago

Michael Bellusci is CoinDesk's crypto payments reporter.

Coinbase Global (COIN) volition statesman allowing for a “small set” of its app users to entree Ethereum-based decentralized apps (dapps) straight from the Coinbase app, according to a blog station Monday.

  • This summation volition assistance users acquisition NFTs connected assorted marketplaces including OpenSea and Coinbase’s ain NFT platform; commercialized connected decentralized exchanges including Uniswap and Sushiswap; and get and lend done DeFi platforms including Curve and Compound.

  • These features volition beryllium powered by Coinbase's caller dapp wallet and browser. The institution said it's rolling retired the caller services successful the U.S. connected Android archetypal to a constricted subset of users, with plans to grow to each users and platforms soon.

  • “Over 95% of the astir 300 cardinal cryptocurrency investors worldwide person not ventured beyond a centralized exchange,” Andrew Thurman of blockchain analytics steadfast Nansen told CoinDesk. “This determination by Coinbase has the imaginable to springiness a caller question of users the accidental to research the frontier of DeFi and NFTs.”

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Michael Bellusci is CoinDesk's crypto payments reporter.

Michael Bellusci is CoinDesk's crypto payments reporter.


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