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Coinbase is a secure online platform for buying, selling, transferring, and storing cryptocurrency
Is Coinbase safe for beginners?
While it is never 100% safe to keep your money on any online exchange, Coinbase has one of the safest web wallets you can use since it holds 98% of its assets in offline cold storage that cybercriminals cannot access. ... That way, if a hacker ever stole your money from Coinbase, it would be reimbursed.
Why does Coinbase need my bank login?
This service may store the provided credentials for verification purposes or use them on a per-transaction basis for fraud prevention, and to help verify a sufficient balance is available to process your transaction. You may change your online banking password at any time after instant verification.
Is Coinbase free to use?
Coinbase offers our USD Wallet and Hosted Cryptocurrency Wallet Service free of charge. This means we will store your USD and cryptocurrency at no cost to you. ... For these transactions, Coinbase will charge you a fee based on our estimate of the network transaction fees that we anticipate paying for each transaction.