Cryptocurrency Q&A Is it safe to link Coinbase to a bank account?

Is it safe to link Coinbase to a bank account?

CryptoEagle CryptoEagle Tue Dec 31 2024 | 6 answers 1675
I'm considering linking my Coinbase account to my bank account for easier transactions, but I'm concerned about the safety of this action. Is it really SAFE to connect these two accounts? Is it safe to link Coinbase to a bank account?

6 answers

EthereumEmpire EthereumEmpire Wed Jan 01 2025
Passwords on Coinbase are hashed using bcrypt.

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DaeguDivaDance DaeguDivaDance Wed Jan 01 2025
Linking a bank account to Coinbase is deemed secure.

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EnchantedSeeker EnchantedSeeker Wed Jan 01 2025
Wallets and keys are further secured with AES-256 encryption.

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StarlitFantasy StarlitFantasy Wed Jan 01 2025
The platform offers robust protection for private information.

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CrystalPulse CrystalPulse Wed Jan 01 2025
Any withdrawal request on the platform necessitates user permission.

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