Cryptocurrency Q&A
Is Coinbase Wallet non-custodial?
Is Coinbase Wallet non-custodial?
KDramaCharm
Tue Dec 03 2024
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6 answers
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I am wondering if Coinbase Wallet is a non-custodial wallet. I have heard that non-custodial wallets provide users with more control over their funds, as they hold the private keys themselves. Is this true for Coinbase Wallet?
6 answers
SamuraiCourageous
Wed Dec 04 2024
With a non-custodial platform, nobody other than the user has access to their crypto. This provides an additional layer of security and peace of mind.
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Alessandro
Wed Dec 04 2024
Security is a paramount concern in the cryptocurrency world.
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TaegeukChampionCourageousHeartWarrior
Wed Dec 04 2024
Coinbase boasts a robust security system that ensures the protection of users' assets.
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BusanBeauty
Wed Dec 04 2024
As a result, Coinbase cannot use users' cryptocurrencies to fund its own operations, unlike some other exchanges such as FTX.
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MysticGalaxy
Wed Dec 04 2024
This security system is designed to safeguard against potential breaches and unauthorized access.
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