Coinbase, Exchanges

Is Coinbase Safe and Legit?

Coinbase is a digital asset exchange company headquartered in San Francisco, California. They broker exchanges of Bitcoin, Ethereum, Litecoin and other digital assets with fiat currencies in 32 countries, and bitcoin transactions and storage in 190 countries worldwide.

Coinbase was founded in June 2012 by Brian Armstrong and Fred Ehrsam. Coinbase is a bitcoin wallet and platform where merchants and consumers can transact with new digital currencies like bitcoin, ethereum, and litecoin.

As of May 2017, the company had 7.4 million users with the ability to buy or sell $50 billion worth of digital currency annually.

Coinbase has been described as the most popular wallet for Bitcoin. By March 2018, Coinbase had 15 million monthly visitors (8.

1 million unique users) and 57 million monthly page views.

Is Coinbase Safe?

The short answer is yes, Coinbase is safe. The longer answer… it depends on how you use it and what you use it for.

NOTE: WARNING: While Coinbase is a legitimate cryptocurrency exchange, it is not completely safe and secure. Coinbase has been hacked in the past, resulting in the loss of customer funds. Before using Coinbase, it is important to research any security measures that may be in place to protect your funds and personal information. Additionally, you should always be sure to use two-factor authentication whenever possible and store any funds you do not plan on using in cold storage wallets.

If you use Coinbase to buy cryptocurrencies, then the answer is definitely yes – it’s one of the safest ways to do so. However, if you’re using Coinbase as a Bitcoin wallet (to store your own bitcoins), then there are some security risks that you need to be aware of.

In this article, we’re going to take a look at both aspects of Coinbase – as an exchange and as a wallet – to see if it really is as safe as people say it is.

Coinbase as an Exchange: Is It Safe?

Coinbase is often described as the most popular cryptocurrency exchange in the world. And that’s not surprising – it’s easy to use, has a great user interface, and supports a wide range of countries (including the US).

It’s also one of the most secure exchanges out there. Here are some of the security features that they have in place:.

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