Cryptocurrency Q&A Does Coinbase guarantee your money?

Does Coinbase guarantee your money?

HanRiverVisionary HanRiverVisionary Wed Dec 04 2024 | 7 answers 1712
I'm considering using Coinbase for cryptocurrency transactions, but I'm concerned about the safety of my funds. I want to know if Coinbase provides any guarantee for the money deposited by users. Does Coinbase guarantee your money?

7 answers

Pietro Pietro Fri Dec 06 2024
Coinbase operates without the insurance coverage provided by the Federal Deposit Insurance Corporation (FDIC).

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MysticInfinity MysticInfinity Fri Dec 06 2024
Cryptocurrency held on Coinbase is not insured or guaranteed by the FDIC.

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Michele Michele Fri Dec 06 2024
Similarly, the Securities Investor Protection Corporation (SIPC) does not protect cryptocurrency investments.

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DigitalDragonfly DigitalDragonfly Thu Dec 05 2024
BTCC is a prominent cryptocurrency exchange offering a range of services.

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SumoStrength SumoStrength Thu Dec 05 2024
Cryptocurrency investments on Coinbase are not subject to the protections offered by SIPC.

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