Logotipo de Coinbase

How WalletConnect integrated Coinbase Pay to enable in-app fiat-to-crypto transactions

March 29, 2024

WalletConnect aims to provide developer toolkits that empower builders to create engaging onchain applications. It has a suite of developer SDKs, including Web3Modal, which is designed to help developers easily connect their onchain applications with various wallets.

“Our mission is to empower builders to create engaging web3 experiences by arming them with best-in-class web3 tooling. A major roadblock for apps today is providing seamless user onboarding and start-to-finish in-app services, for example, funding a wallet when looking to make a transaction or purchase.” – Jess Houlgrave, CEO, WalletConnect

The Challenge

In today’s cryptoeconomy, many users have trouble engaging in onchain activities because they get stuck in a difficult onboarding process. New crypto users first need to create a wallet, then buy crypto through an exchange, and transfer their crypto from the exchange to their wallet - a process that often requires several different tools and platforms. To simplify this onboarding experience, WalletConnect was looking for a solution that would allow app-builders building with Web3Modal to enable secure in-app crypto purchases for their users.

The Solution

WalletConnect found that solution by integrating Coinbase Pay into Web3Modal’s latest feature — On-ramp. By incorporating Coinbase Pay, On-ramp now allows builders to provide their users with purchase 100+ cryptocurrencies natively within their app. In just a few clicks, users can access their existing funds in their Coinbase account, or purchase new tokens to support in-app activity and transactions across multiple chains, including Ethereum, Base, Arbitrum, and Polygon.

Coinbase Pay enables builders to accept users’ preferred payment methods, including ACH, debit, and crypto balances without the need to verify users and store their payment information. Once Coinbase Pay is integrated, you are able to access Coinbase's top of the line KYC, customer support, and fraud protection services, as needed.

“Working with a reputable brand like Coinbase for such an important product offering was important to us in terms of security, compliance, and credibility. Our customers can build and integrate with confidence that their users can experience trusted and secure infrastructure.” –Jess Houlgrave, CEO, WalletConnect

This document and the information contained herein is not a recommendation or endorsement of any digital asset, protocol, network, or project. However, Coinbase may have, or may in the future have, a significant financial interest in, and may receive compensation for services related to one or more of the digital assets, protocols, networks, entities, projects, and/or ventures discussed herein. The risk of loss in cryptocurrency, including staking, can be substantial and nothing herein is intended to be a guarantee against the possibility of loss. Reward rates listed herein are estimates, are not guaranteed and are set by the protocol and remain subject to change. Actual rate of rewards earned may vary significantly and may be zero. This document and the content contained herein are based on information which is believed to be reliable and has been obtained from sources believed to be reliable, but Coinbase makes no representation or warranty, express, or implied, as to the fairness, accuracy, adequacy, reasonableness, or completeness of such information, and, without limiting the foregoing or anything else in this disclaimer, all information provided herein is subject to modification by the underlying protocol network. Any use of Coinbase’s services may be contingent on completion of Coinbase’s onboarding process and is Coinbase’s sole discretion, including entrance into applicable legal documentation and will be, at all times, subject to and governed by Coinbase’s policies, including without limitation, its terms of service and privacy policy, as may be amended from time to time.