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Interacting with Moonbeam Using Coinbase Wallet

Introduction

Coinbase Wallet is a self-custody (non-custodial) wallet, like MetaMask, available as a mobile application for iOS and Android and a browser extension. You can use Coinbase Wallet to interact with Moonbeam, Moonriver, and the Moonbase Alpha TestNet after adding them as custom networks.

Please note that Coinbase Wallet is an entirely different product from Coinbase Exchange, a custodial platform for buying and selling cryptocurrency. Holding a token in your Coinbase Wallet does not imply it is supported on Coinbase Exchange. If you send a token from your Coinbase Wallet to Coinbase Exchange that is not supported by the exchange, you will lose those funds forever.

In this guide, you'll go through the process of setting up the Coinbase Wallet mobile application and browser extension and configuring it for the Moonbeam network.

The information presented herein is for informational purposes only and has been provided by third parties. Moonbeam does not endorse any project listed and described on the Moonbeam docs website (https://docs.moonbeam.network/).

Install Coinbase Wallet

You can download Coinbase Wallet as a mobile app from the iOS App Store or Google Play Store, or as a desktop browser extension from the Chrome Store.

The interfaces for the mobile app and browser extension are quite similar, so you can adapt the following instructions for the browser extension. The one major difference between the two is that when you add Moonbase Alpha as a custom network, you can interact with the network on the browser extension but not from the mobile app. This difference only applies to Moonbase Alpha. If you're connecting to Moonbeam or Moonriver, you'll be able to interact with either network from both the browser extension and mobile app.

Create a Wallet

After installing and opening the app, you'll be greeted with the option to create a new wallet or import an existing one. For this exercise, set up a new wallet by tapping Create a new wallet.

You'll be prompted to create a passcode, and once you've entered in your passcode, you'll need to verify it by entering it again a second time.

Create an account on the Coinbase Wallet mobile app.

Once you've created your passcode, your wallet will be created. The last step to take is to secure your account by backing up your wallet's recovery phrase. To back up your wallet, you can take the following steps:

  1. Navigate to the Settings screen
  2. Choose Security from the menu
  3. Tap on your wallet that you want to back up; it should say Not backed up next to it
  4. Enter your passcode
  5. Select how you want to back up your recovery phrase: make an encrypted backup of the seed phrase to iCloud (iOS) or Google Drive (Android), save the phrase manually, or do both. If you are backing up your phrase to the iCloud or Google Drive, you'll have to create a password that will secure your phrase in the cloud. This password cannot be reset, so you'll need to keep it safe. If you are manually saving your phrase, make sure you store it exactly as displayed and save it in a secure location
  6. When you're done, click Complete backup

Back up your wallet's recovery phrase through the settings menu.

Note

If you're using the browser extension, you'll follow a slightly different flow, as you'll be prompted to back up your wallet right away, and you'll only have the option to manually do this.

Congratulations! You've completed the setup steps, and your wallet is now fully initialized. In the next step, you'll see how you can connect Coinbase Wallet to the Moonbeam network.

Connect Coinbase Wallet to Moonbeam

Although Coinbase Wallet has a built-in browser, it doesn't currently support automatically adding custom networks, so you'll have to add the network details manually. To do so, perform the following steps:

  1. Navigate to the Settings tab
  2. Tap on Networks
  3. Tap on the + icon in the upper right corner

  4. Here, you can fill in the network details for Moonbeam, Moonriver, or the Moonbase Alpha TestNet

    Variable Value
    Network Name Moonbeam
    RPC URL https://rpc.api.moonbeam.network
    ChainID 1284 (hex: 0x504)
    Symbol (Optional) GLMR
    Block Explorer (Optional) https://moonscan.io
    Variable Value
    Network Name Moonriver
    RPC URL https://rpc.api.moonriver.moonbeam.network
    ChainID 1285 (hex: 0x505)
    Symbol (Optional) MOVR
    Block Explorer (Optional) https://moonriver.moonscan.io/
    Variable Value
    Network Name Moonbase Alpha
    RPC URL https://rpc.api.moonbase.moonbeam.network
    ChainID 1287 (hex: 0x507)
    Symbol (Optional) DEV
    Block Explorer (Optional) https://moonbase.moonscan.io/

  5. Press Add Network once finished

Add Moonbeam as a custom network through the network settings.

After returning to the Networks screen, you can view the newly added network from the Custom tab. To interact with Moonbeam, you'll need to mark the network as Active by taking the following steps:

  1. Tap on Moonbeam
  2. Scroll down to the bottom of the screen and toggle the Active network switch to on
  3. Tap Save

Set Moonbeam as the active network.

Receiving Funds

To view and manage your assets, you can click on Assets from the bottom navigation menu.

Since you created a new wallet in this demo, the app displays a balance of $0.00 and doesn't list any assets in the Crypto tab. You can change this by sending some GLMR to this account. To send funds to your Coinbase Wallet account, take the following steps:

  1. Tap on Receive
  2. Tap on the QR code icon or the copy icon next to Ethereum address. Since Moonbeam is Ethereum-compatible, you can use the Ethereum account it provides you on Moonbeam

Copy your Ethereum address so you can receive funds.

Now that you have your receiving address, you can send assets to it. To view your assets once they arrive, you'll need to make sure that you've activated the correct network from the network's configuration screen in the Networks settings, as outlined in the previous section.

Sending Funds

To send funds from your Coinbase Wallet, navigate to the Assets tab, then take the following steps:

  1. Tap Send
  2. On the next screen, enter the amount of the asset you'd like to send
  3. Tap Next
  4. Enter the address you'd like to send it to
  5. Tap Confirm to continue
  6. Review the transaction details to ensure accuracy, then press Send
  7. Upon successfully sending the transaction, you can tap Done

Send funds.

From the Transactions tab, you'll be able to see your outgoing transactions, including the address you sent the transaction to, the status of the transaction, and the amount you sent. You can tap on each transaction to find out more information.

View your transaction history from the transactions screen.

And that's it! You've successfully set up your Coinbase Wallet app, connected it to the Moonbeam network, and learned how to send and receive funds.

Limitations

  • At this time, Coinbase Wallet displays only outgoing transactions in your transaction history in the app. You can see your full transaction history, including incoming transactions, by looking up your address on a blockchain explorer such as Moonscan
  • On the Coinbase Wallet mobile app, you can add Moonbase Alpha as a custom network; however, you won't be able to see your balances or send transactions from the app. You'll need to use the browser extension instead

Additional Resources

The information presented herein has been provided by third parties and is made available solely for general information purposes. Moonbeam does not endorse any project listed and described on the Moonbeam Doc Website (https://docs.moonbeam.network/). Moonbeam Foundation does not warrant the accuracy, completeness or usefulness of this information. Any reliance you place on such information is strictly at your own risk. Moonbeam Foundation disclaims all liability and responsibility arising from any reliance placed on this information by you or by anyone who may be informed of any of its contents. All statements and/or opinions expressed in these materials are solely the responsibility of the person or entity providing those materials and do not necessarily represent the opinion of Moonbeam Foundation. The information should not be construed as professional or financial advice of any kind. Advice from a suitably qualified professional should always be sought in relation to any particular matter or circumstance. The information herein may link to or integrate with other websites operated or content provided by third parties, and such other websites may link to this website. Moonbeam Foundation has no control over any such other websites or their content and will have no liability arising out of or related to such websites or their content. The existence of any such link does not constitute an endorsement of such websites, the content of the websites, or the operators of the websites. These links are being provided to you only as a convenience and you release and hold Moonbeam Foundation harmless from any and all liability arising from your use of this information or the information provided by any third-party website or service.
Last update: November 10, 2023
| Created: January 18, 2022