This is how the start on Coinbase’s Layer 2 blockchain succeeds

The launch of BASE, the in-house blockchain of the popular crypto exchange Coinbase, is imminent. Under the keyword “On-chain summer” Ethereum’s Layer 2 solution is finally opening its doors to crypto users and beyond. And even before that, the hype was immense. Before the chain even went fully live, DeFi traders sent more than $100 million in ETH and stablecoins to BASE to trade memecoins, among other things. Partly with fabulous profits.

But Coinbase has bigger plans than harboring another memecoin mania. The first billion crypto and blockchain users are set to flock to the sector via BASE, backed by Ethereum’s scaling technology – Optimism. BASE could soon be to crypto what Facebook was to the internet. If you get there early, you might catch one of the many opportunities that arise as development progresses.

Coinbase: Back to BASE

But first, back to the basics. To use BASE, you first need a wallet. Metamask is recommended for those who prefer to work browser-based. On chainlist.org the data is available for BASE to add the chain to the wallet.