Cryptocurrency Q&A Do I own my coins on Coinbase?

Do I own my coins on Coinbase?

Margherita Margherita Wed Jul 03 2024 | 5 answers 753
In the realm of cryptocurrency, the question of ownership often arises when dealing with platforms such as Coinbase. The crux of the matter lies in understanding the distinction between owning the coins outright and merely having access to them through a third-party platform. As a potential investor, I'm keen to clarify: Do I truly own my coins on Coinbase, or am I merely entrusting the platform with their custody? I understand that Coinbase facilitates transactions and provides a secure environment, but does that mean the coins themselves are legally mine, or are they technically under the control of Coinbase? Clarifying this ownership structure is crucial for me to make informed decisions about my crypto investments. Do I own my coins on Coinbase?

5 answers

DaeguDivaDanceQueen DaeguDivaDanceQueen Thu Jul 04 2024
Additionally, we provide various services that allow you to utilize your digital assets effectively.

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GwanghwamunPride GwanghwamunPride Thu Jul 04 2024
It is essential to emphasize that the digital assets you entrust to our platform are yours at all times.

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DigitalLordGuard DigitalLordGuard Thu Jul 04 2024
We, at Coinbase, hold a firm belief that these assets remain solely under your ownership.

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Lucia Lucia Thu Jul 04 2024
Our platform is designed with the utmost security measures to safeguard your digital assets.

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Silvia Silvia Thu Jul 04 2024
Alongside security, we also prioritize ensuring that your assets are readily accessible for trading.

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