Blockstream Green vs Coinbase Wallet

Comparing: two wallets
Decided by: Editorial rating
Last reviewed: 2026-08-26

Blockstream's own Bitcoin and Liquid wallet, whose 2FA cosigning multisig is its reason to exist and has been closed to new accounts since May 2025.

Coinbase Wallet3.1

Coinbase's self-custody wallet is now Base App, and the product has moved its center of gravity to Base.

Verdict: Blockstream Green

Blockstream Green rates higher on our rubric: 3.7 against 3.1 for Coinbase Wallet.

Criterion: Editorial rating
Blockstream Green: 3.7
Coinbase Wallet: 3.1

Blockstream Green and Coinbase Wallet, fact by fact

Every row is from the two reviews as of their review dates, with sources on each. A check marks the side a decidable criterion favours; rows without one are information, not a score.

Blockstream Green and Coinbase Wallet compared fact by fact from their reviews; a check marks the side a decidable criterion favours.
Fact	Blockstream Green	Coinbase Wallet
Editorial rating	3.7 (favoured on this row)	3.1
Status	Available	Available
Made by	Blockstream	Coinbase
Price	Free download	Free download
Who holds the keys	self-custodial, either single signature on your device or a 2-of-2 where Blockstream cosigns after your two-factor check	self-custodial, keys held on your device, unlike the custodial Coinbase.com exchange account
Bitcoin-only	No	No
Runs on	iOS, Android, Windows, macOS, Linux	iOS, Android
Screen	Not stated	Not stated
Connectivity	Connects to your own node and routes over Tor with one tap, and pairs with the Blockstream Jade hardware wallet	Not stated
Released	2014 as GreenAddress, renamed after Blockstream acquired it in 2016	2018, relaunched under the Base App name
Countries on the maker's list	No published list	No published list
Last reviewed	2026-08-25	2026-08-26

Pros and cons, side by side

Blockstream Green

What works

A cosigning key behind two-factor authentication, so a thief with your unlocked phone still cannot spend
The cosigner cannot trap your coins: a CheckSequenceVerify timelock hands each deposit back to your key alone after about 360 days
An open source recovery tool exists for the case where the 2FA service is permanently switched off
Runs on iOS, Android (Google Play and F-Droid), Windows, macOS and Linux
Pairs natively with Blockstream Jade, so the keys can live on a device instead of the phone
Open source, no documents required, and it can connect to your own node over Tor

What to watch

New 2FA Protected accounts have not been available since May 2025, which is the feature most people came for
Keeping 2FA protection on older coins means redepositing them before each timelock expires
Not bitcoin only, and Liquid balances depend on the Liquid federation rather than on bitcoin's mining
The cosigning server sees a 2FA wallet's transactions, a privacy cost single signature does not have
Three names in circulation (Blockstream Green, the Blockstream app, Multisig Shield) make guides and support articles hard to line up

Coinbase Wallet

What works

Genuinely self-custodial and separate from the custodial Coinbase.com exchange account
Backed by a large listed company with a real security team and a bug bounty
Apple Pay deposits and a familiar trading interface for people already using Coinbase
Holds bitcoin alongside Ethereum, Solana and Base assets in one app

What to watch

The product has been rebranded as Base App, so most reviews and guides describe an app that no longer looks like this
Built around Base and trading rather than around bitcoin, with no Lightning and no coin control
coinbase.com/legal/wallet now returns a 404, so there is no wallet-specific terms document to read
A hot wallet on a phone, with no secure element
The May 2025 support contractor breach put real customer names and addresses in criminal hands, which fuels convincing impersonation

Frequently asked questions

Is Blockstream Green or Coinbase Wallet better?

Blockstream Green rates higher on our rubric: 3.7 against 3.1 for Coinbase Wallet. The rating follows the product rubric published on our about page; the rows above set custody, price and platforms side by side so you can check it.

Are Blockstream Green and Coinbase Wallet free?

Yes, both are free to download. What differs is who holds the keys: Blockstream Green is self-custodial, either single signature on your device or a 2-of-2 where Blockstream cosigns after your two-factor check; Coinbase Wallet is self-custodial, keys held on your device, unlike the custodial Coinbase.com exchange account.

Is Blockstream Green or Coinbase Wallet bitcoin-only?

Neither: both support assets beyond bitcoin. Blockstream Green: Bitcoin on chain, Lightning, and Liquid assets including Liquid bitcoin and Tether USDt. Coinbase Wallet: Bitcoin, Ethereum, Solana and Base network assets, per the app's own sign-in page.

The full reviews: Blockstream Green and Coinbase Wallet, each with its sources, and every wallet we review.

More comparisons

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