Which Wallet Is Best In 2023: Coinbase or Coinomi?

Jack Moreau
Feb 2023
8 min read
Fact checked

Looking for the best wallet to store your cryptocurrency and ensure it’s secure and accessible? We’ve done the research so you don’t have to, comparing Coinbase Wallet and Coinomi Wallet across a range of metrics including user experience, supported platforms, and number of cryptocurrencies. Read on to learn which wallet is right for you!

Coinbase Wallet vs Coinomi Wallet: Overview

Coinbase Wallet and Coinomi Wallet are two of the most popular cryptocurrency wallets available. Coinbase was founded in 2018 and is headquartered in San Fransisco, with over 500 employees. The wallet has more than 5 million users, and over 5 million downloads on the Google Play Store with a 4.0 rating. The wallet also offers a browser extension with over 1 million downloads and a 3-star rating. Coinomi was founded in 2014 and is headquartered in Cyprus with over 20 employees. The wallet has more than 1 million users, and over 1 million downloads on the Google Play Store with a 4.7 rating. However, Coinomi is not available as a browser extension. Both wallets are secure, reliable and offer a range of features that make them great options for cryptocurrency users.

Coinbase
Coinomi
Uphold
Wallet Type
Hot Wallet
Hot Wallet
Hosted Wallet
Cryptos
+1000
+1700
+250
Supported Blockchains
EVM-based + Solana
125
+100
Platforms
Browser, App
Desktop, App
Exchange
KYC
No
No
Yes
Users
+5M
+1M
10M
Exchange
Yes
Yes
Yes
NFTs
No
Yes
Yes
Staking
No
Yes
Yes
Create Account
CoinbaseCoinomiUphold

Coinbase Wallet vs Coinomi Wallet: User Experience

Coinbase wallet has a clean and slick looking wallet for EVM-compatible blockchains and Solana that offers a non-custodial experience. It is supported by Google Chrome, Mozilla Firefox, Microsoft Edge, Brave, and Opera browsers. Unfortunately, Coinbase wallet is not available for desktop. On the other hand, Coinomi offers an outdated and stale design and user experience, but it is a non-custodial wallet. It is not available as a browser extension, but it is available for Windows, Linux, and macOS devices.

Coinbase Wallet vs Coinomi Wallet: Product Features

Coinbase Wallet and Coinomi Wallet offer an array of features for users to securely store, buy and trade their crypto assets. Coinbase Wallet supports in-app swaps connected to exchanges like 1inch and Matcha with a 1% fee on all swaps. It also supports buying crypto with fiat via the simplex third-party integration. Coinomi Wallet, on the other hand, allows for in-app swaps via Changelly and Shapeshift with fees of 0.25%-0.5%. It also offers users the ability to buy crypto with a card through the Simplex integration. Both wallets are partly open source and support NFTs on multiple blockchains. However, Coinbase Wallet does not support staking, while Coinomi Wallet offers staking for a range of cryptocurrencies. (699 characters)

Coinbase Wallet vs Coinomi Wallet: Cryptocurrencies

Coinbase Wallet and Coinomi Wallet are both great choices for managing digital assets. Coinbase Wallet offers support for over 1000 cryptocurrencies, including USDT and USDC on Ethereum, BNB Chain, Avalanche, Polygon, Solana and Optimism. It also supports Ledger hardware wallets. Coinomi Wallet, on the other hand, offers support for over 1700 cryptocurrencies, including BUSD, Dai, GUSD, HUSD, USDP, USDS, SUSD, USDT, TUSD and USDC. It supports 125 blockchains such as Bitcoin, Ethereum, Monero, Tron, and many other. Coinomi Wallet does not offer any hardware wallet integration. Both wallets are great choices for managing digital assets, but Coinbase Wallet is better for those who need hardware wallet support.

Coinbase Wallet vs Coinomi Wallet: Security

Coinbase Wallet and Coinomi Wallet are two popular crypto wallets that both offer users non-custodial and secure ways to store their crypto assets. Coinbase Wallet is partly open source and has a fully decentralized, crowdsourced security audit and bug bounty solution called WEFUZZ in place. There are no official security audits done, however. Meanwhile, Coinomi Wallet is also partly open source and has a Responsible Disclosure Program with bug bounties up to $2500. Coinbase Wallet and Coinomi Wallet both provide users with secure and non-custodial options for storing their crypto assets, with Coinbase Wallet offering a unique crowdsourced security audit and bug bounty solution and Coinomi Wallet offering a Responsible Disclosure Program with bug bounties.

Coinbase

Nice and clean interface

Support for 1000s of cryptocurrencies

DeFi functionality integrated

Can link to your Coinbase account

Visit Coinbase Wallet
Coinomi

Supports +1700 cryptocurrencies

Supports +120 blockchains

Buy crypto with fiat (Simplex)

Desktop & App Wallet

Visit Coinomi
Author
Jack Moreau
Jack is a crypto writer and reviewer who has been active in the space since he caught the crypto bug in 2017. With a passion for trying out new shiny things, Jack is always eager to try the latest cryptocurrency exchanges, wallets or DeFi applications.

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