Coinbase Redesigns Wallet Website for Digital Assets

Coinbase has launched a redesigned version of its website, an unveiling it said marks its transition from a wallet to a digital asset exchange.

AccessTimeIconNov 8, 2016 at 6:29 p.m. UTC
Updated Sep 11, 2021 at 12:36 p.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now
Coinbase
Coinbase

Coinbase is changing up its user experience.

late last month, the updated dashboard helps bridge the two main parts of Coinbase's business – a bitcoin storage tool and exchange. Coinbase launched the new user experience today, a move that takes it out of an early beta trial.

The redesign follows a busy year for Coinbase. So far, the bitcoin startup has embraced ethereum (despite criticism from some quarters of the community) and raised $10.5m in new funding from sources including the Bank of Tokyo Mitsubishi UFJ.

The company even launched trading for litecoin this summer.

In sum, those events signaled Coinbase’s shift from serving primarily as a bitcoin wallet to an exchange for digital currencies and assets – an evolution the startup actively invoked when unveiling the new dashboard.

"This launch is an early but significant step in our transformation from a wallet to a digital asset platform," the company said in a blog post.

Disclosure: CoinDesk is a subsidiary of Digital Currency Group, which has an ownership stake in Coinbase.

Images via Coinbase, Shutterstock

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.


Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.