Post
Topic
Board Bitcoin Discussion
Re: Is keeping your money on Coinbase really that bad?
by
mangkanor
on 26/04/2018, 17:08:22 UTC
TDIL Coinbase insures money lost from physical security, cyber attacks, and employee theft. they keep 98% of their funds offline. So back to my original point, is it really that important to keep your money off exchanges if they offer insurance and you personally make sure that your account isnt vulnerable to phone attacks? https://support.coinbase.com/customer/portal/articles/1662379-how-is-coinbase-insured-
Best place to store your coins will still be in hardwallets,exchanges disagree to store big amount of bitcoins to their platform as anything can happen because hackers will find their ways to get those coins from these exchanges thats why we shouldnt be putting all of our money to exchanges thats why exchanges would never be a safe place to store your coins.