Cryptocurrency Q&A
Is your money safe at Coinbase?
Is your money safe at Coinbase?
DongdaemunTrendsetterStyle
Sun Dec 01 2024
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7 answers
2140
I'm concerned about the safety of my funds on Coinbase. I want to know if my money is secure on the platform and whether there have been any security issues in the past.
7 answers
MysticInfinity
Tue Dec 03 2024
These bank accounts provide a secure environment for the client cash, safeguarding it from potential risks.
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SamuraiWarriorSoulful
Tue Dec 03 2024
Additionally, Coinbase also invests client cash in U.S. government money market funds.
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Giulia
Tue Dec 03 2024
Money market funds offer a low-risk investment option, ensuring that clients' funds remain liquid and accessible.
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Matteo
Tue Dec 03 2024
Coinbase adheres to a strict 1:1 holding policy for client cash.
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Alessandra
Tue Dec 03 2024
Coinbase ensures the safety and liquidity of its clients' funds by storing the majority of them in FDIC-insured bank accounts.
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