Comment
Author: Admin | 2025-04-27
When it comes to understanding the safest crypto exchange that can provide trustworthy, reliable, and secure crypto trading platforms, Coinbase is an excellent platform for investing in all types of crypto.You may still be wondering though, how safe is the world’s largest crypto exchange?Coinbase markets itself as “the most trusted place for people to buy, sell, and manage crypto.” Given its host of cutting-edge security and encryption features, plus it being a publicly-traded, U.S. company, I agree – Coinbase is the safest place to invest in crypto.You may be wondering, “Is my bitcoin safe” or “how does coinbase work”, here’s everything you need to know about the cryptocurrency exchange platform’s security, regulation, and why it’s the best US crypto exchange for beginners.A word of caution if you do open a Coinbase account, there are plenty of scammers out there that will try to steal your crypto. Coinbase will NEVER call you about your account. So if you do get a call from someone claiming to be from Coinbase just hangup. There are lots of posts out there about Coinbase customer losing their crypto–it is because they fell for this simple scam.About CoinbaseCoinbase is the largest crypto exchange in the United States based on trading volume. It is also the only publicly-traded crypto exchange in the world.Coinbase was co-founded in 2012 by Brian Armstrong (a former software engineer at Airbnb) and Fred Ehrsam (a former Goldman Sachs trader). In October 2012, the company launched the services necessary to buy and sell bitcoins via bank transfers.About the AuthorJust to prove I am a user of Coinbase, here is a pic of me moving some assets to my account in 2021 when Bitcoin was $37,624.I wish I would have bought more BTC then!And here is a recent trade I made in 2024:Is Coinbase the Largest Crypto Exchange?Coinbase was one of the first entities in the crypto space to create a safe haven for storing your crypto assets (Bitcoin, Ethereum, Ripple, and over 250+ crypto currencies), ensuring its title as the best app for crypto consumers. Fast forward 12 years, Coinbase now boasts:More than 110 million users in 100+ countries$273 billion in client funds on the platform$185 billion per quarter in trade volume248 tradeable cryptocurrenciesThe company is now worth $86 billion (as of December 7, 2024), and certainly a reason for why it’s the top crypto trading platform in the United States (and around the globe).Is Coinbase the Safest Crypto Exchange?Yes, Coinbase is one of the safest crypto exchanges you can use.It has a wide range of sophisticated technology to protect your user data and your investments from online threats. More on these security feature and tools below.The MOST IMPORTANT THING to remember about keeping your assets safe, is do NOT give out your passwords to anyone, especially people calling and claiming to be from a bank, credit card, or crypto exchange. Coinbase will NEVER call you. If they email you it will be from coinbase.com and no other URL. I myself almost got
Add Comment