Individuals
Businesses
Developers
Contact us
Wallet

Trade on decentralized exchanges

What is the decentralized exchange (DEX) integration?

Coinbase Wallet’s decentralized exchange (DEX) integration is a crypto conversion feature that lets you easily trade the tokens in your Wallet. When you use the Trade feature, you send your funds directly from your Wallet to a DEX service like Uniswap or 1inch.exchange. You can access this feature on the Coinbase Wallet app and browser extension.

Note: Since conversions take place on a third-party decentralized exchange, it is possible for the price to fluctuate. Conversions will execute at a price within 2% of the estimate, or the transaction will be canceled and your funds returned to your wallet. 

What assets are available for trading?

Coinbase Wallet supports assets hosted on the BNB Chain, Ethereum blockchain, Avalanche C-Chain and Polygon network. So only BNB Chain, Ethereum, Avalanche C-Chain and Polygon-based assets are available for crypto-to-crypto conversions at this time.

Our in-app DEX does not support:

  • Cross-chain transactions

  • Direct bank account transactions

Learn more about supported assets and networks on Coinbase Wallet.

Note: Assets with low liquidity (a market cap below $0) on the BNB DEX are hidden. 

How do I trade crypto on a DEX? 

Follow the below steps to trade crypto in the Wallet app:

  1. Sign in to your Coinbase Wallet. 

  2. Tap  > Default network to select the network you'd like to trade your asset.

  3. Tap back, then tap .

  4. Tap Trade.

  5. Choose the crypto you want to convert, the crypto you would like to convert to, and the amount. 

  6. Verify your biometric (Face ID/fingerprint) or PIN and tap Confirm.

To trade crypto from the Coinbase Wallet browser extension, follow these steps:

  1. On the Wallet extension homepage, select the convert button.

  2. Choose the crypto you want to convert under From, the crypto you’d like to trade under To, and the amount you want to convert.

  3. Click Confirm.

If you connected your Ledger device to the Wallet extension, then you’ll need to sign/approve the transaction on your Ledger in order to complete this transaction. Learn more

What are the conversion fees?

Coinbase Wallet currently charges a flat fee of 1% on all conversions. This fee is included on the transaction confirmation page along with the network fee. The conversion fee helps  Coinbase Wallet maintain and improve your experience. 

What are network fees?

Network fees, also referred to as miner fees, are paid to the miner for processing crypto transactions and securing the respective network. Learn more. 

Why did my trade fail?

A trade could fail because of a sudden shift in the exchange price between the cryptocurrencies you are trying to convert. We recommend you wait at least 60 seconds before retrying the transaction. If you continue to encounter this error, please restart the app and check that you are running the most up-to-date version of the app.

If the issue continues to persist, try uninstalling and reinstalling the Coinbase Wallet app before retrying the transaction.

Important: Make sure you back up your recovery phrase before uninstalling/reinstalling the app. If you lose access to your recovery phrase, you will lose access to your Coinbase Wallet.

Why is my trade still pending?

Network congestion and/or paid gas fees that are lower than the current network average may be the reason why your trade is still in “pending” status. 

Ethereum miners prioritize transactions with the highest paid gas fees. So if your transaction has a lower paid gas fee, then your transaction confirmation on the blockchain gets pushed to the bottom of the queue. As a result, your transaction may become “stuck” as more transactions with higher paid gas fees are added to the network pool. If your transaction has been stuck for an extended period of time then this may be the reason why. 

Learn more about adjusting network fees and canceling pending transactions.

How do I access my conversion history?

To access your conversion history:

  1. Tap the desired crypto on the Coins tab. 

  2. Tap the transaction to view the details. 

  3. Tap the link on the bottom link to view transaction details.

Note that you currently cannot export your Coinbase Wallet transaction history.

footer cta icon

Can't find what you're looking for?

Contact us