Is coinbase a safe wallet

[Genius Einstein]

As per the question is coinbase a safer wallet than blockchain

[tsaroz]

I highly recommend coinbase. It has no issue at all and it is more userfriendly and with a highly advance service. It's API is most popular and implemented in a lot of sites. It is not just a wallet but a complete manager.

[gentlemand]

As with blockchain.info, you're not safe against hacks at your end. You are insured if they get hacked. If you fall afoul of their rules such as them being able to trace your coins for gambling or selling them on then they'll boot you out. Personally I'm not interested in playing by their rules.

[jacktheking]

I believe that Coinbase is safe as it is being backed up by a somewhat large company. Which mean they have the right people and tools for all your needs. In addition, take a look at this webpage if you haven't - https://www.coinbase.com/security/.

However, I'd strongly recommend you to stay away from web based wallet as far as possible.

[Herbert2020]

both of them are online (web) wallets which are considered bad wallets which are unsafe.

the difference between the two is that you have access to your private keys on blockchain.info while you don't have access on coinbase so if coinbase blocks your account because of their TOS you can't do anything and will lose your money.

also both can be hacked, they both have username and password type of login so they are susceptible . you can use 2FA to increase the security a bit though.

[BitcoinSupremo]

The point of bitcoin in the first place is for it to be your own bank. How can it be your own bank when someone else controls it for you in the case of coinbase and blockchain ? I suggest you start being your own bank by using desktop wallets like Electrum and MultibitHD which are quite secure and much more user friendly. The worst of all bitcoin wallets are web based ones.

[n691309]

As per the question is coinbase a safer wallet than blockchain

As long as you do not do anything illegal you can use coinbase wallet, if you do anything illegal then they will close/freeze your account. I use sometimes the coinbase wallet as i have their application on my phone and it is good and safe enough. The cons about coinbase is that if their servers or website goes offline then you can't use your bitcoins.

[twister]

Firstly they're a wallet service provider, since they don't let you have the keys, they can't be called a wallet because you're dependent on them to send and receive coins on your behalf and should anything happen to the site tomorrow, you won't be able to do anything but wish that they come back. So unless they're providing you an insurance of loss by theft or otherwise, I don't think they're safe. Although, having been said that, up until now, they seem to be running a legit business and haven't seen or heard bad about them but still, don't store your whole wealth there.

[amacar2]

I am using blockchain.info and electrum from quite few times now without any problem. Coinbase is actually trusted but i have seen few members getting their account blocked by coinbase suspecting source of bitcoint they received are from illegal sources.

[Rude Boy]

AFAIK, coinbase having good & live customer support and blockchain doesn't. And in coinbase you've to trust third party for your funds but in blockchain, you've control over your coins. Decide yourself.

[ps_jb]

As per the question is coinbase a safer wallet than blockchain

Yes

[zenitzz]

coinbase wallet is safe but never use for gambling if you not want get locked by them because they don't allow used for gamble.

[SyGambler]

in my opinion coinbase isn't good unless you are just using it for exchanges
why to hold your coins in a site that may ban your account , it's like a centralized area it's totally against the main purpose of bitcoin 

[mrearthbound]

The point of bitcoin in the first place is for it to be your own bank. How can it be your own bank when someone else controls it for you in the case of coinbase and blockchain ? I suggest you start being your own bank by using desktop wallets like Electrum and MultibitHD which are quite secure and much more user friendly. The worst of all bitcoin wallets are web based ones.

What process do you use to back up your local wallet? Do you use a paper wallet? Do you use Trezor or the like? I wouldn't like for my BTC to be easily stolen like a mobile phone would.

[Raimonn]

Blockchain.info its a web wallet, (the less safe wallets). Coinbase is an exchange i supose that it has high security than a web wallet. But if you want to bet on casinos, this isn't your wallet. If you want a safe wallet, try hardware wallets or software wallets (or a simple paper wallet as a cold storage).

[Loepuenkyou]

coinbase is good online wallet and safe but coinbase
1 can't support sending and receive from gambling site
2 not support private key, import and export not supported so you can't full control youre addres and youre balance

[Joel_Jantsen]

As per the question is coinbase a safer wallet than blockchain

1.Coinbase is not a wallet.Coinbase is an exchange.
2.Coinbase doesn't give your control your wallet,blockchain.info does.
3.Being said that,blockchain.info runs online which makes them vulnerable to n number of attacks.Alternative : Electrum.

[ged00u]

As per the question is coinbase a safer wallet than blockchain

1.Coinbase is not a wallet.Coinbase is an exchange.
2.Coinbase doesn't give your control your wallet,blockchain.info does.
3.Being said that,blockchain.info runs online which makes them vulnerable to n number of attacks.Alternative : Electrum.

1.Coinbase has been considered as a third party wallet. You have to admit this truth. Sorry
2. You can not fully control your Bitcoin in blockchain. They only let you to control your private keys and some other alternative things on it
3. All online wallets can be harmed by hackers or some DDOS attack.

[FLoving]

From the start I often search between coinbase and blockchain and I have read a number of reviews about these two wallets and I have found a number of people who were complaining about coinbase but not found any person who have any serious issue with blockchain so I will recommend blockchain.

[passwordnow]

From the start I often search between coinbase and blockchain and I have read a number of reviews about these two wallets and I have found a number of people who were complaining about coinbase but not found any person who have any serious issue with blockchain so I will recommend blockchain.

And those reviews about coinbase is making me start not to use them and if you are not that responsible with your profits for gambling and you mistakenly send it to your coinbase wallet directly, then your account will be frozen because they are implementing strict rules with those matters. Blockchain is also my choice I find it easy to use and more secured(I guess).