Coinbase Smart Wallets: Now live on Veranta

Smart wallets are the next iteration of crypto wallets. Powered by Coinbase, account abstraction and passkeys, smart wallets enable seamless onboarding of traders and liquidity providers to Veranta.

What are smart wallets

A wallet is your entry point into crypto, but let’s be honest: wallets are hard. Hard to onboard to, hard to secure (because of private key management), and in general, a very clunky experience. Coinbase has pioneered a new era of “smart” wallets — wallets that use technologies like account abstraction behind the scenes, to allow users to perform several novel actions like:

1. Instant wallet creation from within Veranta
2. Securing your wallet and logging in with your biometrics (Face ID, touch ID). No more seed phrases !
3. Fully portable wallet across the onchain landscape, without security sacrifices
4. Onboard USDC , ETH and other assets directly from your Coinbase.com account to your smart wallet.
5. Not paying gas for your transactions on Veranta (via gas sponsorship)

Get started with smart wallets !

Here’s how to get started in <1 min!

• Go to “Create wallet” on https://veranta.xyz
• Fund the wallet: With your existing EOA (on base network), or using your Coinbase account (via Coinbase Pay!)
• Add atleast $10 of ETH and USDC to get started
• Veranta will automatically sponsor all trades, as well as LP deposits !

Veranta <> Coinbase

Veranta went all in on Base last year. As one of the first Base ecosystem fund backed protocols, we were building on Base before it was even live. The smart wallet partnership brings us one step closer towards our vision of building the premier onchain derivatives hub on Base.