Cryptocurrency Q&A Is my USD in Coinbase FDIC insured?

Is my USD in Coinbase FDIC insured?

Valentina Valentina Wed Oct 02 2024 | 5 answers 1348
Are you curious about whether your USD held in Coinbase is protected by FDIC insurance? If so, you're not alone. Many individuals who invest in cryptocurrency through platforms like Coinbase may have questions about the safety and security of their funds. While Coinbase is a reputable and well-established cryptocurrency exchange, it's important to understand that FDIC insurance typically does not apply to cryptocurrency holdings or funds stored in digital wallets. In this article, we'll explore the question of whether your USD in Coinbase is FDIC insured and what steps you can take to protect your investments. Is my USD in Coinbase FDIC insured?

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