Can I trust Coinbase?
Yes, Coinbase is a crypto company based in San Francisco and backed by trusted investors. As of August 2020, it has raised over $547 million. Coinbase is the world’s largest Bitcoin exchange and a broker.
Is Bitcoin safe on Coinbase?
At Coinbase, we’re committed to security by using industry best practices and storing up to 97% of bitcoins in encrypted, geographically separated, offline storage. To further protect our customers, all of the bitcoins stored in online computers are insured.
Is Coinbase a good place to buy Bitcoin?
If you are brand new to the world of bitcoin and cryptocurrency, Coinbase is an excellent place to start due to support for a number of popular cryptocurrencies, a strong security track record, and reasonable fees. Coinbase is a large cryptocurrency wallet provider and exchange based in San Francisco.