News

Coinbase Launches Wallet-as-a-Service APIs For Scalable And Secure Onchain Wallets

Key Points:

  • Coinbase has launched a new Wallet-as-a-Service (WaaS) offering aimed at businesses of all sizes to integrate a crypto wallet into their platform easily.
  • By leveraging its infrastructure, companies can offer their customers access to popular cryptocurrencies, including Bitcoin, Ethereum, and Litecoin.
Coinbase, a leading cryptocurrency exchange, has recently announced its new Wallet-as-a-Service (WaaS) offering. This service allows any company to integrate a crypto wallet into its platform, providing users access to various digital assets.

This new offering from Coinbase is aimed at businesses of all sizes, from startups to large enterprises, providing a seamless way to integrate cryptocurrency services into their products. By leveraging infrastructure, these companies can offer their customers access to the most popular cryptocurrencies, including Bitcoin, Ethereum, and Litecoin.

According to Coinbase, WaaS eliminates the need for businesses to invest time and resources in developing their infrastructure for managing cryptocurrencies, which can be complex and time-consuming. The WaaS offering provides a simple and secure solution for businesses to offer their users crypto wallets and related services.

Coinbase’s new WaaS offering is also designed to provide an additional layer of security for users’ crypto assets. The company utilizes its advanced security protocols to protect user funds from potential hacks or breaches.

This new service from Coinbase is likely to be welcomed by businesses looking to offer cryptocurrency services to their customers. With the growing popularity of digital assets, many companies seek ways to integrate cryptocurrency into their products and services, and Coinbase’s WaaS offering provides a straightforward and secure solution.

Overall, Coinbase’s Wallet-as-a-Service offering is a significant development for the cryptocurrency industry, providing businesses of all sizes with an easy and secure way to integrate digital assets into their products and services. As cryptocurrency adoption continues to grow, offerings like WaaS will likely become increasingly important for businesses looking to stay competitive in an evolving market.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Thana

Coincu News

Thana

I am a news editor at Coincu, where I produce daily editorial packages and manage the knowledge and review article sections. Before journalism, I earned a Bachelor's degree in Global Logistics and Supply Chain Management from Northampton University and studied news journalism at Press Association Training.

Recent Posts

Analyst Sounds Major Breakout Alert Amid Shiba Inu, WallitIQ, And Dogecoin Price Recoveries

Analysts highlight a breakout alert as Shiba Inu (SHIB), and Dogecoin show signs of recovery…

10 minutes ago

SEC Chair Gary Gensler Will Lose Power From January 20

SEC Chair Gary Gensler will step down on January 20, 2025, coinciding with President-elect Donald…

12 minutes ago

MicroStrategy Convertible Notes Now Out of Stock With $3B Raised

The MicroStrategy convertible notes offering, initially set at $1.75 billion, was increased to $2.6 billion…

39 minutes ago

Qubetics, Cosmos, and Chainlink: Why These Cryptos Are Your Best Bet for November 2024

Discover why Qubetics, Cosmos, and Chainlink are the best cryptos to buy in November 2024.…

4 hours ago

Best Cryptos to Buy in December 2024: Qubetics Presale Goes Ballistic as Ethereum and Quant Look to Build Momentum

Best Cryptos to Buy in December 2024: Qubetics ($TICS) presale explodes, Ethereum (ETH) eyes a…

7 hours ago

USDC and CCTP to launch on Aptos, with Stripe adding Aptos support in crypto products

Palo Alto, California, 21st November 2024, Chainwire

9 hours ago

This website uses cookies.