Coinbase is one of the largest cryptocurrency wallets globally, offering support for over 32 different fiat currencies and a large number of cryptocurrencies. Its security is a major concern for users, with cold wallets being considered relatively safe.Is Coinbase a cold wallet? According to the article, Coinbase is not a cold wallet. It is classified as a hot wallet, also known as an online or network wallet. This type of wallet is connected to the internet and facilitates daily transactions.The article mentions that Coinbase aims to provide a reliable wallet for cryptocurrency beginners and enthusiasts who want to manage their investment portfolio in a practical way. The wallet allows users to store their entire NFT collection and even includes a convenient dApp browser for interacting with various blockchain applications.Despite not being a cold wallet, the article emphasizes that Coinbase is relatively safe due to its non-managed nature and separation from the Coinbase exchange platform. It stores private keys on the user's device, making it the user's responsibility to secure them. The 12-word seed phrase serves as a primary protection against hackers by encrypting the private key.The article also discusses the security measures Coinbase uses to protect users' assets. These include methods like two-factor authentication (2FA) and SMS verification to ensure access to the wallet is secure. Users can further limit app access with device passwords, fingerprint scanning, or other security features. Additionally, balance protection by insurance is mentioned.Overall, while Coinbase is not a cold wallet, it provides users with robust security features and user-friendly interfaces. However, users must be responsible for securing their own wallets and private keys to ensure the safety of their investments.