Coinbase Expands Features, Allowing Some App Users to Access Ethereum-Based Dapps

The move will let users purchase NFTs, trade on decentralized exchanges and borrow and lend on various DeFi platforms.

AccessTimeIconMay 16, 2022 at 10:13 p.m. UTC
Updated May 11, 2023 at 6:53 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 Global (COIN) will begin allowing for a “small set” of its app users to access Ethereum-based decentralized apps (dapps) directly from the Coinbase app, according to a blog post Monday.

  • This addition will help users purchase non-fungible tokens (NFT) on various marketplaces including OpenSea and Coinbase’s own NFT platform; trade on decentralized exchanges including Uniswap and SushiSwap; and borrow and lend through decentralized finance (DeFi) platforms including Curve and Compound.
  • These features will be powered by Coinbase's new dapp wallet and browser. The company said it's rolling out the new services in the U.S. on Android first to a limited subset of users, with plans to expand to all users and platforms soon.
  • “Over 95% of the nearly 300 million cryptocurrency investors worldwide have not ventured beyond a centralized exchange,” Andrew Thurman of blockchain analytics firm Nansen told CoinDesk. “This move by Coinbase has the potential to give a new wave of users the chance to explore the frontier of DeFi and NFTs.”
  • Spot Bitcoin ETFs See Record $1B in Net Inflows; Ethereum's 'Dencun' Upgrade Goes Live
    01:59
    Spot Bitcoin ETFs See Record $1B in Net Inflows; Ethereum's 'Dencun' Upgrade Goes Live
  • Three Major Ethereum Stories to Watch in 2024
    02:12
    Three Major Ethereum Stories to Watch in 2024
  • Major Ethereum Upgrade Goes Live on Second Testnet
    06:58
    Major Ethereum Upgrade Goes Live on Second Testnet
  • The Black Swan Event That Could Cause a Fork in Ethereum (Again)
    37:53
    The Black Swan Event That Could Cause a Fork in Ethereum (Again)
  • 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.

    Author placeholder image

    Michael Bellusci is CoinDesk's crypto reporter focused on public companies and digital asset firms.


    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.