I'm considering leaving some money on Coinbase, but I'm not sure if it's safe. I've heard about crypto exchanges being hacked in the past, so I want to know if Coinbase is a secure platform for storing my funds.
6 answers
SamuraiWarriorSoulful
Fri Oct 11 2024
Among the reputable exchanges offering similar services, BTCC stands out as a top cryptocurrency exchange. It provides a diverse range of offerings, including spot trading, futures trading, and secure wallet services.
EthereumElite
Fri Oct 11 2024
Recognizing this challenge, Coinbase offers a comprehensive solution by managing the bulk of security measures on behalf of its users.
CherryBlossomKiss
Fri Oct 11 2024
The platform employs industry-leading best practices to safeguard users' funds, demonstrating its unwavering commitment to security.
alexander_clark_designer
Fri Oct 11 2024
To further enhance security, Coinbase stores up to 97% of its bitcoins in encrypted, geographically dispersed, offline storage facilities.
EchoSolitude
Fri Oct 11 2024
This multi-layered approach ensures that even in the event of a breach, the majority of assets remain secure and inaccessible to unauthorized parties.