Cryptocurrency Q&A Is Coinbase FDIC insured?

Is Coinbase FDIC insured?

Giulia Giulia Wed Sep 04 2024 | 7 answers 1797
Could you please clarify for me if Coinbase is insured by the Federal Deposit Insurance Corporation, or FDIC? I'm interested in understanding the level of protection that my cryptocurrency holdings would have if I choose to store them on this platform. Are there any specific measures in place to safeguard customer funds, or is this a question that would depend on the type of account or wallet I choose to use on Coinbase? I appreciate your insight into this matter. Is Coinbase FDIC insured?

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