I am new to crypto and everything I have done has been strictly through Coinbase. I don't have a key or anything like that.
Is my crypto safe?
What can I do to make it safer?
Everyone talks about keys, what exactly is a key. Where can I purchase one and how does it work.
Thanks and good luck to everyone. I am already up about 22 percent on my investment and extremely happy. I do feel that BTC will go to the moon.
Technically, your funds should be safe as Coinbase is one of the regulated big exchanges and running for a long. Funds stored on their wallet is completely secured, as it should be. If ever there will be a hacking incident, I'm sure everything will be covered and not likely to turn a 100% dead exchange.
But if we talk about a real safe or whatever appropriate term for that, we should hold our own funds and secured it by any means. That will be your next task to learn, search for "non-custodial wallets".
I'm sure learning won't be hard that for you as you pass the Coinbase strict and hassle KYC requirements still as a newbie.