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Can I recover my money in a Coinbase Wallet?

Bitcoin Stack Exchange

Bitcoin News / Bitcoin Stack Exchange 79 Views

According to coinbase

Wallet is a user-custodied digital currency wallet and DApp browser. This means that with Wallet, the private keys (that represent ownership of the cryptocurrency) are stored directly on your device and not with a centralized exchange like Coinbase Consumer. You do not need a Coinbase Consumer account to use Wallet and you can download Wallet from anywhere in the world.

You cannot recover control over money in a user-custodied wallet using only a Bitcoin-address and a Transaction ID.

If you have somehow lost your wallet (e.g. phone dropped into ocean) - without the recovery phrase or some other equivalent sort of backup, your money is gone forever.


If by "Coinbase Wallet" you actually mean "Coinbase Consumer" - that is a custodial-wallet (or equivalent service) and your only possible way to recover control over your money is to communicate with the help-desk of Coinbase.


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