Cryptocurrency Q&A
Is Coinbase Wallet a cold wallet?
Is Coinbase Wallet a cold wallet?
TaegeukChampionship
Thu Nov 28 2024
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6 answers
1337
I'm wondering if Coinbase Wallet can be considered as a cold wallet. I need to know if it provides the security features of a cold storage or if it's more like a hot wallet.
6 answers
MountFujiMystic
Fri Nov 29 2024
However, for customers who prefer a more secure storage solution, Coinbase also provides custodial cold storage.
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Daniele
Fri Nov 29 2024
Coinbase is a platform that provides wallet services to its users.
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Maria
Fri Nov 29 2024
Cold wallets are not connected to the internet, reducing the risk of hacking and theft.
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Isabella
Fri Nov 29 2024
When considering the type of wallet offered by Coinbase, it is essential to understand the difference between hot and cold wallets.
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Alessandra
Fri Nov 29 2024
A hot wallet is connected to the internet, making it accessible and convenient for users to manage their funds.
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