Coinbase Wallet Releases Update to Improve Access to ERC-20 Tokens

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San Francisco-based Coinbase has announced a new update to the Coinbase Wallet, its Ethereum-based wallet, to improve its functionality and allow users to better store and access their ERC-20 tokens.

According to the announcement, users will no longer have to manually add tokens to their portfolios. Instead, the entire process is now automated and displays in the local fiat currency of choice for better value tracking.

In addition, to improve ERC-20 functionality, Coinbase has added a new gallery for crypto collectibles and integrated with marketplaces OpenSea and RareBits to support hundreds of different collectibles

Coinbase also notes that it has made a number of technical changes to the app for improved stability, security and better gas price estimation.

Back in August, the company made the decision to rebrand the wallet from Toshi to Coinbase Wallet, in an effort to unify its brand and provide end-to-end cryptocurrency solutions for both retail and institutional investors.

More: A brand new look for Coinbase Wallet
Similar: Mobile Crypto Wallet Toshi Rebrands as Coinbase Wallet

Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.