Retail User Onboarding refers to the process by which individual, non-institutional users gain access to and begin utilizing digital asset platforms or services. This typically involves identity verification, account setup, and initial funding procedures designed to be user-friendly and compliant with regulatory requirements. An efficient onboarding experience is essential for attracting a broad user base and facilitating widespread adoption of crypto services. It aims to simplify entry for new participants.
Context
Enhancing retail user onboarding is a significant focus for cryptocurrency exchanges and decentralized application developers seeking to expand market reach. Crypto news frequently highlights innovations in user experience, regulatory compliance, and educational resources aimed at simplifying the entry point for new users. Streamlining this process is seen as key to bridging the gap between niche early adopters and mainstream financial participation.
The Coinbase Smart Wallet, leveraging Account Abstraction on Base, is a strategic primitive that abstracts L2 complexity to onboard millions of retail users.
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