Coinbase introduces 'Based Agent' for creating AI agents in 3 minutes

Cryptocurrency exchange Coinbase claims crypto users can now use the template to build their own AI agent in under 3 minutes.

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Cryptocurrency exchange Coinbase has launched a new tool called “Based Agent,” claiming it allows crypto users to set up their own artificial intelligence agent with a crypto wallet in under three minutes. Once created, the agent can handle various onchain tasks, from trades to swaps and staking.

“Our goal here is to make it as easy as possible to start building your own AI agent,” Coinbase developer Lincoln Murr explained in a video posted to X on Oct. 26.

Murr explained Based Agent is a template that lets users build AI agents — a “bot” designed to carry out a specific task — with access to various smart contract functions.

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