Coinbase and ENS, which stands for Ethereum Name Services, have partnered to provide Web3 usernames free to their users. Coinbase manages these usernames. These usernames can be claimed by existing and new users via the desktop or mobile apps.
A username (cb.id) allows users to personalize their wallet address and share it with others to send/receive funds. It is also easier for others to locate you on the Web3 network if you have a custom Web3 username. They are easier to remember, and one does not have to use 0x7ec— usernames anymore.
Coinbase makes Web3 usernames accessible to users in order to make it easy for them to protect their decentralized identity online. Coinbase Exchange platform. Furthermore, the coinbase username of each customer is a subdomain tied to Coinbase’s Domain Name System (DNS) domain (cb.id), which in turn is registered under the ENS protocol.
You can easily claim your cb.id username. Existing users can log in to their browser extension to access the Community section and claim their username. To submit the username, you must follow the prompts. It should not be a security risk or violate ENS rules.
Users can confirm their usernames by choosing a different username. Users can choose a different username or create their own. After confirming availability, it will be assigned.
Mobile applications make it easy to select a cb.id username. The new users need to simply download the Android or iOS Coinbase app, create a wallet, and then follow the prompts. Check all the boxes to agree with the terms & conditions, and submit the selection. After verification of details and availability, Coinbase will assign the code.
The username can be declined by new users and customized according to their preferences. Existing users might choose to go to the Community section and claim their username through a mobile application.
A user can also choose to have an NFT as their profile image. You can do this by clicking Choose Next to the profile photo, upload an image or select the NFT from wallet. After uploading the image or choosing the NFT, click Save and then Save the changes. It will be your profile picture on Coinbase.
Coinbase, founded in 2012, is one of the pioneers of widespread adoption of cryptocurrency. It’s an exchange platform that lists over 3,000 cryptocurrency and offers more than 150 trading pairs. Coinbase is one among the most valuable US public companies, with approximately $20 billion in assets. It also holds $50 billion in cryptos.
It holds licenses in 40 US states and territories, which allows Bitcoin to be traded quickly under all regulations. It is known for being a developer platformCoinbase is home to 35+ million verified users, with more than $350 Billion in Total Volume Traded. It is available in 100 countries.
ENS and Coinbase partner up to create cb.id usernames, opening doors for more such partnerships in the future.