MultiversX Tracker is Live!

[SERIOUS] Should I feel safe keeping funds on Coinbase?

All Cryptocurrencies

by COINS NEWS 117 Views

With all the centralized exchange turmoil and all the bankruptcies and FUD we've had recently, would you feel safe keeping your funds on Coinbase? For me, I still feel quite comfortable storing my funds there. It's based in the US, it's regulated and it's a public company that publicly discloses its holdings.

It feels like Coinbase is very different to other exchanges. It's probably the only large exchange without its own token (exchange tokens may cause issues due to a potential conflict of interest and possible fraud as we saw with FTX/FTT). It's one of the very few exchanges not to be largely involved with USDT (although it did add a few USDT pairs much later on compared to others, however, these have quite low volume). It's been around since 2012, long before the mass hype came along.

submitted by /u/MaximumSandwich5
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments