Have been testing Smart Wallet and Magic Spend the last few days, few observations:

1. It’s super smooth, I can't wait to see it fully in the wild! The improvements to transaction UX make it insanely easy to spend on gas/transactions without thinking about it. Using Onchain is extremely simple and fun!

Bringing Coinbase Onchain | Lead for Retail Onchain products & Magic Spend

3. Asking users for a “max” deposit is no longer a sure thing. Users will have access to their offchain ETH when Smart Wallet launches. Shortly after, users will be able to use their verified fiat payment methods on Coinbase. Privacy here is important, knowing a max spending power will be a thing of the past.

4. I’m stoked about how much easier it will become to convert lurkers to transactors and we are here to help! If you are building an app, and plan to enable Smart Wallet, please checkout our developer guide for detecting and offering Magic Spend (https://www.smartwallet.dev/guides/magic-spend) or reach out directly!

2. Existing dapp <> user expectations will need to change. Standard practices like blocking transaction prompts without sufficient balance will no longer be necessary. With Magic Spend, users have immediate access to external funds just-in-time for the transaction.