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Open the Coinbase Wallet app on your mobile device, go to “Settings” and tap “Connect to Coinbase.” Follow the remaining steps and, when prompted, sign back into your Coinbase account.
Coinbase also stated that it now supports fiat on-ramps—banking services that let users move money in and out of the crypto ecosystem—in over 130 countries.
MetaMask is a software cryptocurrency wallet used to interact with the Ethereum blockchain.It allows a user to access their Ethereum wallet through a browser extension or mobile app, which can then be used to interact with decentralized applications.
An airdrop is an unsolicited distribution of a cryptocurrency token or coin, usually for free, to numerous wallet addresses. Airdrops are often associated with the launch of a new cryptocurrency or a DeFi protocol, primarily as a way of gaining attention and new followers, resulting in a larger user base and a wider disbursement of coins. [1]
Coinbase Global, Inc., branded Coinbase, is an American publicly traded company that operates a cryptocurrency exchange platform. Coinbase is a distributed company; all employees operate via remote work. It is the largest cryptocurrency exchange in the United States in terms of trading volume. [4]
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Terra is a blockchain that leverages fiat-pegged stablecoins to power a payment system. For consensus, the Terra blockchain uses a proof-of-stake codesign. [4] Several stablecoins are built atop the Terra protocol, [4] including TerraUSD, which was the third largest stablecoin by market capitalisation before its collapse in May 2022. [5]
The ability to trade spot Ethereum ETFs makes it easy and cheap for traders to take a stake in the digital currency at their usual broker without needing a specialized account at a crypto exchange.