Cryptocurrency

Is Your Money Safe On Coinbase?

If your wondering if your money is safe on Coinbase were here too help. First off I want to let you know these guys have built a solid reputation being in business for close to a decade. Coinbase is one of the world’s largest cryptocurrency exchanges and was one of the pioneers in popularizing cryptocurrencies and making them accessible to the general public for investments. I have also personally used them for the last 5 plus years for buying and selling cryptocurrency. As we go over some of the benefits to using them you can get a nice sign up bonus here.



Who Are They?

Coinbase first opened for business in early 2012. Since than they have amassed over 30 million members, done billions in transactions, and built an incredible platform for crypto. They are based out of San Fransisco California, and allow buying / trading in 32 different countries currently. They insure each member who holds money on there platform up to 250k. Bottom line is that there a legit company and take care of there customer base.


  • Close To a Decade In Business
  • Insure Each User
  • Supports 32 Different Countries

Coins Available for Trading

If your wondering if your money is safe on Coinbase lets talk about the coin offerings. As of right now you can trade around 20 of the most popular crypto coins such as Bitcoin, XRP, Stellar, BAT, Ethereum, and Litecoin. We have provided a picture directly below which shows you the symbol for each coin.


  • Bitcoin
  • XRP
  • Plus Over 20 Coins Available

Wallet + Exchange

One of the best things about using Coinbase is that it works as both a wallet and trading platform. That means you can hold your coins on here safely, and trade at market prices at any given time of the day. This makes it an all in one kind of deal, and one of its strongest selling points.


  • Wallet + Trading
  • Low Fee’s
  • Easy Deposit + Withdrawal Options

Mobile

The mobile app for Coinbase is ridiculous in the best way possible. It looks the same whether you login on IOS or Android. Once logged in you can navigate to see your portfolio balance, browse different coin prices, and make trades. You can even set price alerts and receive notifications sent straight to your phone. This is extremely useful for staying on top of your investments.


  • Amazing Mobile App
  • Check Portfolio Through Your Phone
  • Make Trades Through Your Phone

How Safe Are They Really?

So if your still pondering if your money is safe on Coinbase lets dig in a little further. As we previously mentioned they insure each user up to 250k. You should also know they store 98% of customer funds offline. Offline storage provides an important security measure against theft or loss. They also distribute Bitcoin in safety deposit boxes and vaults around the world.


  • Insure Each User Up To 250K
  • 98% Of Funds Stored Offline
  • 2-Step Verification for Account Access

Final Thoughts

Getting started into the world of cryptocurrency might seem intimidating at first. The truth is that its like anything in life you just need to get started. Not only is your money safe on Coinbase, its honestly one of the best platforms for some of the most popular crypto coins. They have an amazing mobile app, insure each user up to 250k, and have been in business for nearly a decade. Stop pondering if you should get started and just make the leap by clicking here!



 

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