Cryptocurrency Q&A What happens to crypto in Coinbase Wallet?

What happens to crypto in Coinbase Wallet?

MysticGalaxy MysticGalaxy Mon Jan 06 2025 | 7 answers 1750
I have some cryptocurrencies stored in my Coinbase Wallet and I'm wondering what would happen to them. Will they appreciate or depreciate in value? Are they SAFE from hackers? Can I easily convert or withdraw them? What happens to crypto in Coinbase Wallet?

7 answers

EchoChaser EchoChaser Wed Jan 08 2025
Coinbase Wallet operates on the principle of self-custody.

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KimchiQueenCharmingKissWarmth KimchiQueenCharmingKissWarmth Wed Jan 08 2025
It grants users full authority over their cryptocurrencies.

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JejuJoyfulHeartSoul JejuJoyfulHeartSoul Tue Jan 07 2025
This eliminates the risk of a centralized exchange, such as Coinbase.com, controlling the private keys.

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CryptoKing CryptoKing Tue Jan 07 2025
With Coinbase Wallet, users have unrestricted access to their crypto funds.

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Margherita Margherita Tue Jan 07 2025
The private keys, essential for accessing cryptocurrencies, are managed by users themselves.

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