coinbasewallet

Ok. Security questions here. 

What happens if the website goes down or I lose my phone? How would I regain access to my wallet?

Crypto investor and advisor. Value decentralization, censorship resistance, and trustlessness in apps and blockchain ecosystems. Also coach soccer.

re site going down, we'll be adding the ability to export a private key soon and mobile app support which will solve this case but its a work in progress

If you have set up a passkey using icloud, google password manager, 1password, etc., your passkey is backed up to the cloud and you'll always be able to regain access cross-device.  Check out this article on the passkey sections:

Product manager building in web3 with Coinbase Wallet

Would there be a way to set this up from within the smart wallet? Or at least have a section within settings which guides you to setting up 2FA on your phone? I’m a defi super user but have had a difficult time understanding how to set up a strong security system for this wallet.

If you have set up a passkey using icloud, google password manager, 1password, etc., your passkey is backed up to the cloud and you'll always be able to regain access cross-device.  Check out this article on the passkey sections: https://help.coinbase.com/en/wallet/getting-started/smart-wallet