What is Smart Wallet?

Smart Wallet is a multi-chain self-custodial cryptocurrency wallet. It enables users to create an onchain account in seconds with no app or extension required, thanks to its reliance on Passkeys. It is often described as a more secure and user-friendly way to interact with onchain applications.

What can you do with Smart Wallet?

Smart Wallet combines the best features of a wallet and an app specific account:

• Use MagicSpend: Use Coinbase balances onchain;
• Get Free Sponsored Transactions: Use Paymaster to sponsor transactions and get qualified for up to $15k in gas credits;
• Support Sub Accounts: Improve user experience with embedded accounts controlled by their Smart Wallet, eliminating the need for users to sign a transaction for every onchain action.
• Support Spend Permissions: Enable third-party signers to spend user assets