Cryptocurrency Q&A Is it safe to leave cash in Coinbase?

Is it safe to leave cash in Coinbase?

Giulia Giulia Thu Oct 24 2024 | 7 answers 1679
I'm wondering if it's secure to keep my money in Coinbase. I want to know if there are any risks involved with leaving cash in this platform and whether it's a reliable place to store my funds. Is it safe to leave cash in Coinbase?

7 answers

Alessandra Alessandra Fri Oct 25 2024
Additionally, Coinbase invests client cash in U.S. government money market funds.

Was this helpful?

225
49
Rosalia Rosalia Fri Oct 25 2024
Coinbase prioritizes the security and liquidity of its clients' funds.

Was this helpful?

87
74
CryptoKnight CryptoKnight Fri Oct 25 2024
This further ensures the liquidity and stability of clients' assets.

Was this helpful?

288
41
Stefano Stefano Fri Oct 25 2024
Coinbase adheres to a 1:1 holding ratio for client cash.

Was this helpful?

243
59
Skywalker Skywalker Fri Oct 25 2024
The majority of client cash on Coinbase is stored in FDIC-insured bank accounts.

Was this helpful?

365
26
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts