Cryptocurrency Q&A Is it bad to keep crypto on Coinbase?

Is it bad to keep crypto on Coinbase?

Maria Maria Thu Nov 28 2024 | 6 answers 1343
I'm concerned about the safety of keeping my cryptocurrency on Coinbase. I've heard mixed reviews and want to know if it's generally considered risky or unsafe to store crypto assets on this platform. Is it bad to keep crypto on Coinbase?

6 answers

Valentino Valentino Sat Nov 30 2024
One of the key security measures implemented by Coinbase is the storage of a large portion of its bitcoins.

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CryptoLegend CryptoLegend Sat Nov 30 2024
Coinbase offers a range of security services to its customers due to the complexities involved in computer security.

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HallyuHeroine HallyuHeroine Sat Nov 30 2024
Given that many individuals lack specialized training in this area, Coinbase undertakes the responsibility of managing these security measures.

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TaekwondoMaster TaekwondoMaster Sat Nov 30 2024
The company employs industry best practices to ensure the safety of its users' funds and information.

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ZenHarmony ZenHarmony Fri Nov 29 2024
Specifically, Coinbase stores up to 97% of its bitcoins in encrypted, offline storage.

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