Adding new tokens to your Coinbase Wallet unlocks opportunities in decentralized finance (DeFi) and expands your crypto portfolio. Follow this step-by-step guide to seamlessly integrate ERC-20 tokens into your wallet.
Step 1: Open Your Coinbase Wallet
Launch the Coinbase Wallet app on your mobile device. Ensure you’re logged into your account.
Step 2: Access the Token Management Section
- Tap the "Settings" icon (usually a gear symbol).
- Select "Add Custom Token" from the menu.
Step 3: Enter Token Details
To add an ERC-20 token, you’ll need:
- Token Contract Address: Find this on Etherscan or the token’s official website.
- Token Symbol (e.g., UNI, AAVE).
- Token Decimal (typically 18 for ERC-20 tokens).
👉 Find verified token addresses here
Step 4: Confirm and Save
Double-check the entered details, then tap "Add Token". The token will now appear in your wallet’s asset list.
Pro Tips for Token Management
- Verify Contracts: Always cross-check contract addresses to avoid scams.
- Gas Fees: Adding tokens requires minimal gas fees (paid in ETH).
- Track Performance: Use Coinbase Wallet’s built-in tools to monitor token value and transactions.
FAQ Section
1. Can I add non-ERC-20 tokens to Coinbase Wallet?
No, Coinbase Wallet currently supports only ERC-20 tokens and Ethereum-compatible assets.
2. Why isn’t my token balance showing after adding it?
Ensure the contract address is correct. Tokens with zero balance may not display until a transaction occurs.
3. Are there fees for adding tokens?
No, but interacting with the token (e.g., transferring) incurs Ethereum gas fees.
4. How do I remove a token from my wallet?
Tokens cannot be "removed" but can be hidden by adjusting your wallet’s display settings.
👉 Explore more DeFi strategies
By mastering token additions, you’ll leverage Coinbase Wallet’s full potential—whether for trading, staking, or participating in DeFi protocols. Stay proactive in crypto’s dynamic ecosystem!
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Coinbase Wallet, ERC-20 token, add custom token, token contract address, DeFi, Ethereum gas fees, crypto portfolio
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