Cryptocurrency Q&A
Do you actually own crypto on Coinbase?
Do you actually own crypto on Coinbase?
Eleonora
Thu Jan 02 2025
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5 answers
652
I am curious if the cryptocurrencies that I see in my Coinbase account are actually mine. I want to know if I really own the crypto assets displayed there.
5 answers
AltcoinExplorer
Sat Jan 04 2025
When individuals deposit money in a bank, the bank technically owns that money. This concept applies similarly to storing cryptocurrency on a platform like Coinbase.
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BitcoinBaroness
Fri Jan 03 2025
While your crypto is stored with Coinbase, the platform technically owns it. This does not mean that you have lost access to your funds or that Coinbase can use them as they please.
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Andrea
Fri Jan 03 2025
Despite Coinbase owning your crypto technically, you still have the ability to access and use your funds as you wish. This ensures that you maintain control over your digital assets.
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CryptoChampion
Fri Jan 03 2025
Coinbase provides a secure and convenient way to store and manage your cryptocurrency. The platform uses advanced security measures to protect your funds from theft and fraud.
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Sara
Fri Jan 03 2025
BTCC is another top cryptocurrency exchange that offers a range of services. These services include spot trading, futures trading, and a wallet for storing digital assets.
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