Coinbase Wallet vs Wasabi Wallet

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.

Wasabi Wallet3.6Bitcoin-onlyWarning

Still a working bitcoin wallet, but the coinjoin coordinator that made its name was switched off by zkSNACKs on June 1, 2024.

Verdict: Wasabi Wallet

Wasabi Wallet rates higher on our rubric: 3.6 against 3.1 for Coinbase Wallet.

Criterion: Editorial rating
Coinbase Wallet: 3.1
Wasabi Wallet: 3.6

Coinbase Wallet and Wasabi 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.

Coinbase Wallet and Wasabi Wallet compared fact by fact from their reviews; a check marks the side a decidable criterion favours.
Fact	Coinbase Wallet	Wasabi Wallet
Editorial rating	3.1	3.6 (favoured on this row)
Status	Available	Caution: see the review
Made by	Coinbase	zkSNACKs
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, keys generated and stored on your own computer, never held by zkSNACKs
Bitcoin-only	No	Yes
Runs on	iOS, Android	Windows, macOS, Linux
Screen	Not stated	Not stated
Connectivity	Not stated	All traffic over Tor by default, compact block filters instead of a server that learns your addresses, and hardware signing through HWI for Trezor, Coldcard, Ledger, Blockstream Jade and BitBox02
Released	2018, relaunched under the Base App name	2018; the download page serves version 2.8.1 for Windows, macOS and Linux
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

Wasabi Wallet

What works

Bitcoin only and open source under an MIT license, with a public repository that is still actively developed
Self-custodial: keys are generated and stored on your own computer, and zkSNACKs never held funds
Every connection runs over Tor by default, and compact block filters mean no server learns which addresses are yours
Hardware wallet signing through HWI for Trezor, Coldcard, Ledger, Blockstream Jade and BitBox02
Full coin control, transaction labeling and privacy suggestions that name who will learn about a payment
Coinjoin is still in the software: you add a third-party coordinator in place of the one zkSNACKs ran

What to watch

zkSNACKs switched off its coinjoin coordinator on June 1, 2024, so the feature Wasabi was known for no longer works out of the box
Choosing and vetting a third-party coordinator is now your problem, and each sets its own fees and terms
Desktop only: Wasabi's own site states it is not available on mobile
Trezor Suite coinjoin and BTCPay Server integrations that used the same coordinator broke on the same day
Silent payments are send-only: Wasabi cannot yet generate or receive to a silent payment address

Frequently asked questions

Is Coinbase Wallet or Wasabi Wallet better?

Wasabi Wallet rates higher on our rubric: 3.6 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 Wasabi Wallet 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; Wasabi Wallet is self-custodial, keys generated and stored on your own computer, never held by zkSNACKs.

Is Coinbase Wallet or Wasabi Wallet bitcoin-only?

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

Does Coinbase Wallet or Wasabi Wallet carry a warning?

Wasabi Wallet: zkSNACKs announced on May 2, 2024, days after US prosecutors charged the founders of Samourai Wallet, that it would discontinue the coinjoin coordination service behind Wasabi's headline privacy feature, and switched it off on June 1, 2024. The wallet is still developed and still works as a self-custodial, bitcoin-only desktop wallet, and coinjoin remains in the software, but you now have to find and trust a third-party coordinator to use it.

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

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