Coinbase, a cryptocurrency exchange, has announced a new browser extension for its own wallet, so users can more easily connect to decentralized apps and decentralized financing right from their desktops.
The company announced on Monday that the Coinbase Wallet browser extension is now available on Google Chrome. Coinbase Wallet CEO Sid Coelho-Prabhu said more than one million Coinbase Wallet customers regularly connect to apps like Uniswap and Compound. A new Chrome extension will simplify this process by eliminating the need to scan a QR code on a mobile device each time they want to connect.
Koelho Prabhu explained:
“As of today, we’re making it much easier to access and use these decentralized desktop apps with the Coinbase Wallet extension. The new extension provides instant access to decentralized desktop applications – once you’ve linked your wallet account to the extension, you can view all decentralized applications with one click. “…
The new extension also supports users who trade on decentralized exchanges and collect non-fungible tokens or NFTs. Dapps like Rarible, OpenSea, SushiSwap, Matcha, Synthetic and Aave are also supported among many others.
Coinbase is one of the largest cryptocurrency exchanges in the world, according to CoinGecko, the Coinbase Pro platform has processed approximately $ 10.6 billion in transactions in the last 24 hours. Binance only handles high volume.
Coinbase also became the first major cryptocurrency exchange to be announced. The company’s shares hit COIN on Nasdaq in mid-April. Like many other recently listed stocks, COIN has experienced extreme volatility in its short trading history after only recently falling below the $ 250 benchmark price of $ 250.