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November 14, 2021

Top US Crypto Exchange Coinbase Adds New Feature Allowing Users To Share Portfolio With Others

By Daily Hodl Staff

Crypto exchange titan Coinbase is adding new features to its trading platform.

According to a company blog post, Coinbase is launching a way for users to share the details of their crypto portfolio with others.

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“We’re making it easier to share information around your assets, such as price changes or portfolio allocations.

Simply tap the ‘share’ button in the Coinbase app on any asset price page or your portfolio page and share these asset pages with your private network or on your social network.”

Coinbase clarifies that account balances will never be shared between users.

The popular US-based exchange also announced last week that it would be making its Coinbase Wallet a standalone feature rather than a browser extension. Coinbase says the change will allow users to browse the crypto sphere on their desktops without the need to continually confirm transactions on their smartphones.

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“We’ve seen incredible traction with the Coinbase Wallet extension, which made it easier to securely connect to decentralized apps (DApps) and decentralized finance (DeFi) from more devices.

[Now], we’re bringing full standalone functionality to Coinbase Wallet extension.”

The announcements come after the company said in August that they put together a team of engineers with the intention of building their own layer-2 solution on top of Ethereum (ETH).

“One of the most exciting projects our protocol team is working on is to help scale Ethereum through an integration with L2 [layer-2] and other scaling solutions. Scaling Ethereum will help address some of the biggest challenges, including high prices and long settlement times.

We want to allow our customers to quickly and cheaply withdraw directly onto a supported L2 solution.”

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Featured Image: Shutterstock/Dabarti CGI