Your Coinbase Smart Wallet is secured by your passkey, which does not generally require a backup if you set up your passkey using a cloud-based method such as iCloud keychain, Google password manager, or a password manager such as 1Password. However, certain passkey methods are associated with your device, and are not accessible if the device is lost.
Coinbase Smart Wallet allows you to set up a recovery key (also known as a 12 word recovery phrase) to prevent lost access to a passkey either through deletion or device loss (in case of a hardware, Chrome profile or Windows Hello based passkey).
Learn more about Coinbase Smart Wallet at help.coinbase.com/en/wallet/getting-started/smart-wallet
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