The crypto exchange said that the move aims to ease the anxiety associated with sending tokens and NFTs.
As simplified wallet addresses become more popular within the blockchain space, crypto exchange Coinbase integrated with Ethereum Name Service to give their customers usernames to replace their traditional Coinbase crypto wallet addresses.that it will be handing out free “name.cb.id” usernames. Through Coinbase Wallet’s browser extension, people can claim their new address and use it for their transactions.
The exchange also said in the announcement that this is a necessary step in creating a more open financial system for the world. According to Coinbase, the use of “human-readable” usernames is a step toward making Web3 more user-friendly. The firm highlighted that simplified usernames help erase the anxiety associated with sending tokens andApart from being user-friendly, Coinbase argued that users can benefit from the usernames in terms of having a foundation to build their online identity.
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