Cryptocurrency Q&A How safe is Coinbase if you get hacked?

How safe is Coinbase if you get hacked?

EmilyJohnson EmilyJohnson Thu Jul 04 2024 | 7 answers 1632
Could you elaborate on the security measures of Coinbase in the event of a hacking incident? Given the rise in cybercrimes, I'm particularly concerned about the safety of my assets on platforms like Coinbase. What kind of security protocols does Coinbase have in place to prevent unauthorized access to user accounts? In the unfortunate event that a user's account is hacked, what steps does Coinbase take to ensure the recovery of funds and mitigate any potential losses? I'd like to have a clear understanding of Coinbase's security posture before entrusting them with my cryptocurrency holdings. How safe is Coinbase if you get hacked?

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