Cryptocurrency Q&A
How safe is Coinbase from hackers?
How safe is Coinbase from hackers?
CryptoTamer
Sun Dec 01 2024
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5 answers
1276
I've been hearing a lot about cryptocurrency and I'm interested in using Coinbase, but I'm concerned about security. I want to know how SAFE Coinbase is from hackers and whether my assets will be protected if I use their platform.
5 answers
Daniela
Tue Dec 03 2024
Coinbase stores a significant portion of its bitcoins, specifically up to 97%, in encrypted offline storage.
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HanjiArtistry
Tue Dec 03 2024
Coinbase prioritizes security as a fundamental aspect of its operations.
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Emanuele
Tue Dec 03 2024
The company adopts industry best practices to ensure the safeguarding of digital assets.
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Nicola
Mon Dec 02 2024
This offline storage is geographically separated to minimize the risk of any single point of failure.
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SamuraiSoul
Mon Dec 02 2024
For additional security, the bitcoins stored in online computers are fully insured.
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