Post
Topic
Board Bitcoin Discussion
Re: Is keeping your money on Coinbase really that bad?
by
Akorharrison
on 21/06/2018, 12:27:07 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-

not, I don't really support this because is very bad of  that.. exchange might be hacked some days sometime so I prefer keeping my money offline or I exchange it to my local currencies where I can fully have access to my money, whereas any exchange now is not what one can be trusted with 100% assurity so I don't mid convert it to btc and reserve it to my wallet which is more better.