is coinbase an exchange or a wallet

Coinbase, a digital wallet platform, is often referred to as an exchange or a wallet. However, its role is more complex than that of a simple payment gateway. The platform provides a platform for digital currency management, with features such as smart contract development and mining. This means that users can not only buy and sell digital assets like cryptocurrency, but also use them to build and run businesses. One key characteristic of Coinbase is its ability to handle multiple digital currencies simultaneously. This is achieved through the platform's integrated features, such as exchange rate tracking, two-way sweep, and digital asset management. Another unique feature is the smart contract development platform, which allows users to build and run contracts with ease. Overall, Coinbase is not an exchange or a wallet. It is a digital wallet platform that offers users a range of services to manage their digital assets. The platform's ability to handle multiple digital currencies and smart contract development are key features that set it apart from other digital wallet platforms.