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.
Exchange is never a secure place to have your funds as private keys are stored with them which gives them access to your funds directly and as others said private keys are type of proof which shows your ownership over that funds so it's currently with coinbase not you.Try to move them out and store your funds in some hardware wallet and keep the seed phrase safe with you about which you need to learn first of all.As it's said not your keys not your coins.