Coinbase Wallet shows transaction previews to protect against NFT scams
Coinbase Wallet is the standalone non-custodial wallet offered by crypto
The transaction preview will show the user how their balance is expected to change based on the transaction they are signing, according to a blog post. Similarly, the wallet will highlight when a decentralized application (dapp) is requesting approval to withdraw tokens — including NFTs — from the user’s wallet. Both features are only available on the Ethereum and Polygon networks.
Coinbase Wallet has added wider support for Ledger hardware wallets and expanded wallet customization, letting its users create multiple sets of wallets that work across multiple blockchains. In a few weeks, it intends to make it easier to view and revoke token permissions (where a user allows an application to interact with tokens in their wallet).