Post
Topic
Board Bitcoin Discussion
Re: Is keeping your money on Coinbase really that bad?
by
idex100
on 25/07/2018, 09:56:00 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-
It is not just with coinbase but will every other exchange. Do not leave your tokens on exchange incase it gets hacked.Even if they are insured, it may take a long while before you get your claims- if you ever get them.