Coinbase and its products have always managed to gain a lot of appreciation from its users whether they belong to the category of beginner traders or they are professionals. First of all, users need to understand the fact that Coinbase is a renowned name and hence, they can fully trust the offerings made by this excellent platform. Hence, without any doubt, we can say that Coinbase wallet surely caters to the need of traders. In case you have already started using this platform and now you wish to seek help for the purpose of restoring your wallet, then you have landed in the right place.
Today, through this article, we are going to walk you through the comprehensive procedure that you need to follow if you wish to restore your wallet and don't know how to do that. Whether you are using the Coinbase wallet extension or its mobile app, the process that you need to follow for the restoration purpose will remain the same.
When should you restore your wallet?
Well, a person needs to complete the restoration steps in case he is not finding it easy to remember his password. If, after several failed attempts to restore the password, you are not able to enter your wallet or access any of its features, then you surely can restore/import your wallet. After importing the wallet, you can then assign a password to your wallet and then you can use the newly created password to sign into your wallet as and when needed.
And, for the purpose of importing the wallet, you will need your Secret Recovery Phrase. This is the same phrase that was provided to you at the time you created your wallet.
Steps to restore the wallet on Coinbase wallet extension or app
As said in the previous section of this read, it is important that you have the secret recovery phrase of the Coinbase wallet with you. This is a necessity because without using this seed phrase, there is no other way through which you can restore the wallet or set a new password for your Coinbase wallet. So, if you have the Secret Recovery Phrase of the wallet with you, then you can surely get ahead with the steps that we are here to discuss with you:
To initiate the process, first, you need to open the Coinbase wallet extension
If you are using the Coinbase wallet app, then you can open that too
Now, on the main screen, if you see that you are logged in, you can go to the "Settings" menu to fetch the Secret Recovery Phrase
In addition to that, if you are logged out, you can proceed by selecting the "I already have a wallet" option
Following this, you can enter the Secret Recovery Phrase of your wallet and you may also need to follow a few more steps to proceed further
Lastly, you can assign a password to your wallet and then you may proceed with the rest of the steps to continue with the wallet restoration process
Conclusion:
The article clearly talks about how you can restore your Coinbase wallet by following a few easy steps. I hope the given steps have explained to you the comprehensive details of what you were looking forward to and I hope you'll be able to apply these steps on a real-time basis.
Comments