You might have noticed you can't send NFTs on Coinbase Wallet iOS anymore. This is because Apple blocked our last app release until we disabled the feature. 🧵
Apple’s claim is that the gas fees required to send NFTs need to be paid through their In-App Purchase system, so that they can collect 30% of the gas fee.
For anyone who understands how NFTs and blockchains work, this is clearly not possible. Apple’s proprietary In-App Purchase system does not support crypto so we couldn’t comply even if we tried.
This is akin to Apple trying to take a cut of fees for every email that gets sent over open Internet protocols.
The biggest impact from this policy change is on iPhone users that own NFTs - if you hold an NFT in a wallet on an iPhone, Apple just made it a lot harder to transfer that NFT to other wallets, or gift it to friends or family.
Simply put, Apple has introduced new policies to protect their profits at the expense of consumer investment in NFTs and developer innovation across the crypto ecosystem.
We hope this is an oversight on Apple’s behalf and an inflection point for further conversations with the ecosystem.

@apple - we’re here and want to help

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More from @CoinbaseWallet

Nov 30
As more and more users opt for self-custody, Coinbase Wallet remains dedicated to shipping great features. 🚢

From new testnets to free web3 usernames, let's dive into what launched in November!🧵
1/ Claim your free web3 username 📣

More than ONE MILLION people claimed their free cb․id so far! Claim your web3 username today to send and receive crypto with ease.
2/ Do more with your wallet

We’re making it easier to manage your web3 identities, crypto assets, and dapp connections!

Create and customize up to 15 sets of multi-chain addresses with Coinbase Wallet to fit your web3 needs.
Read 9 tweets
Nov 17
Coinbase Wallet now simulates the outcome of your dapp transactions before you hit “confirm”, letting you explore web3 with greater confidence. Image
1/ By automatically simulating the code that would execute when you authorize a transaction on an EMV-compatible network, we provide you with an estimate of which assets will leave your wallet and any assets you’ll get back in return.
2/ Our goal is to give you a better understanding of how a dapp or smart contract will interact with your wallet, providing you with greater peace of mind and helping you avoid interactions with bad actors.
Read 5 tweets
Jul 29
Recap time!

We rolled out brand-new features and improvements in July, from safety updates to viewing NFT offers from different marketplaces. Let’s dive into this month’s Wallet Wrap-Up 🧵
1/ Token approval alerts

We've made it clearer when a dapp is requesting approval to withdraw all your coins. Available now on extension and coming soon to mobile.
2/ New dapp blocklist 🙅

We’re helping Coinbase Wallet extension users avoid scams through alerts on known malicious sites.

If you believe you've encountered a new phishing site, report it to so that our team can explore adding it to the blocklist.
Read 7 tweets
May 27
New features, new improvements, a better Coinbase Wallet.

This month, we rolled out new updates and refinements, including DEX integrations and more ways to track your DeFi activity. Let’s dive into our first Wallet Wrap-Up 🧵
1/ More DEXes, fewer problems.

Our in-app DEX swap feature now supports @avalancheavax & @BNBCHAIN! One wallet. Thousands of tokens.
2/ Trade smarter and safer with token contract confirmation.

Tokens can often have similar names or even the same ticker. Now we show the contract address during swap confirmation, so you can double check you’re swapping the asset you want.
Read 9 tweets
Apr 14
Learn how to earn yield via DeFi in the @avalancheavax network with us!

Just a reminder this is NFA

🧵 Below…
1/ There is so much you can do in DeFi. Swap thousands of tokens, provide liquidity to pools, borrow crypto, and so much more.

We’ll be focused on swapping tokens for this thread
2/ First, make sure you have Coinbase Wallet, we got you on the link down below.
Read 9 tweets
Dec 15, 2021
Ready for another guide thread on how to use L1 and L2 networks to save time and avoid high gas fees?

In today’s guide, we’ll be covering the Polygon network. Ready to take @0xPolygon for a spin with Coinbase Wallet?

🧵 below.
1/ Polygon is a scaling solution that allows for fast and cheap transactions. It’s one of the fastest growing networks that you can use for swapping, lending, farming, NFTs, and other crypto activities.
2/ To get started, open the Coinbase Wallet mobile app or browser extension, and if needed, create or import an existing wallet.

You can download the app here 👇
Read 12 tweets

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