Coinbase Wallet vs Muun

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

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

Muun3.8Bitcoin-only

On-chain and Lightning in one balance behind a 2-of-2 multisig, backed up by an Emergency Kit file rather than twelve words.

Verdict: Muun

Muun rates higher on our rubric: 3.8 against 3.1 for Coinbase Wallet.

Criterion: Editorial rating
Coinbase Wallet: 3.1
Muun: 3.8

Coinbase Wallet and Muun, 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.

Coinbase Wallet and Muun compared fact by fact from their reviews; a check marks the side a decidable criterion favours.
Fact	Coinbase Wallet	Muun
Editorial rating	3.1	3.8 (favoured on this row)
Status	Available	Available
Made by	Coinbase	Muun
Price	Free download	Free download
Who holds the keys	self-custodial, keys held on your device, unlike the custodial Coinbase.com exchange account	self-custodial, a 2-of-2 multisig where your phone holds one key and your Emergency Kit holds both
Bitcoin-only	No	Yes
Runs on	iOS, Android	iOS, Android
Screen	Not stated	Not stated
Connectivity	Not stated	One balance across on-chain and Lightning, with submarine swaps moving funds between the two
Released	2018, relaunched under the Base App name	Announced for iOS in October 2019, after the Android app
Countries on the maker's list	No published list	No published list
Last reviewed	2026-08-26	2026-08-25

Pros and cons, side by side

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

Muun

What works

One balance for on-chain and Lightning, so you never have to choose a rail before paying
2-of-2 multisig means a stolen or malware-infected phone alone cannot spend your bitcoin
The Emergency Kit carries both keys and the output descriptors, so recovery does not depend on Muun
Mempool-based fee estimator, with the method published rather than asserted
Free, self-custodial and bitcoin only on both iOS and Android

What to watch

Your backup is an Emergency Kit file plus a recovery code, not twelve words you can stamp into steel
The newest post on Muun's blog was written days before taproot activated in November 2021
Payments that need a submarine swap settle on chain, and mining fees on those have surprised users
No coin control, no hardware wallet pairing and no way to point it at your own node

Frequently asked questions

Is Coinbase Wallet or Muun better?

Muun rates higher on our rubric: 3.8 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 Coinbase Wallet and Muun free?

Yes, both are free to download. What differs is who holds the keys: Coinbase Wallet is self-custodial, keys held on your device, unlike the custodial Coinbase.com exchange account; Muun is self-custodial, a 2-of-2 multisig where your phone holds one key and your Emergency Kit holds both.

Is Coinbase Wallet or Muun bitcoin-only?

Muun is bitcoin-only; Coinbase Wallet supports other assets too. Bitcoin, Ethereum, Solana and Base network assets, per the app's own sign-in page

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

More comparisons

Every other head-to-head Coinbase Wallet or Muun appears in.