Cryptocurrency Q&A
How does Coinbase store my Bitcoin?
How does Coinbase store my Bitcoin?
SamuraiBrave
Tue Dec 03 2024
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5 answers
863
I'm using Coinbase to buy and store my Bitcoins. I'm curious about how Coinbase actually stores my Bitcoin. Is it safe? Are there any security measures they have in place to protect my assets?
5 answers
Raffaele
Thu Dec 05 2024
Coinbase employs a robust method for securing crypto wallets.
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EthereumEagle
Thu Dec 05 2024
The platform utilizes both hot wallets and cold storage.
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SamsungShiningStar
Wed Dec 04 2024
Hot wallets are online wallets that facilitate quick transactions.
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Michele
Wed Dec 04 2024
Cold storage, on the other hand, keeps funds offline for enhanced security.
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GwanghwamunPride
Wed Dec 04 2024
By combining these two methods, Coinbase ensures the safety of digital assets.
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