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Author Topic: Is coinbase a safe wallet  (Read 32052 times)
FLoving
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December 02, 2017, 02:56:39 PM
 #61

As per the question is coinbase a safer wallet than blockchain
for me both are working better and do not face any issue  while using them but there is a problem in both of them. Suppose if you lose the password of your blockchian and do not have your other back up then you will lose your BTC and in coinbase there is also some issues like people are claiming that they got their account banned and this is because if they are use gambling site from that wallet. So stay alert while using anyone of them.
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Koadharber
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December 02, 2017, 10:17:38 PM
 #62

As per the question is coinbase a safer wallet than blockchain
for me both are working better and do not face any issue  while using them but there is a problem in both of them. Suppose if you lose the password of your blockchian and do not have your other back up then you will lose your BTC and in coinbase there is also some issues like people are claiming that they got their account banned and this is because if they are use gambling site from that wallet. So stay alert while using anyone of them.
Coinbase is somehow safe but the thing here is that you should really not try to violate their ToS because once you have violated it then expect you would really be got blocked and there are instances on where they do block without any users awareness which do really suck but you can anytime complain to their support which i do say that they are somehow attentive on handling issues of its users but choosing between coinbase and blockchain i would use blockchain since i do have the private keys of my wallet.
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December 05, 2017, 11:27:24 AM
 #63

As per the question is coinbase a safer wallet than blockchain
for me both are working better and do not face any issue  while using them but there is a problem in both of them. Suppose if you lose the password of your blockchian and do not have your other back up then you will lose your BTC and in coinbase there is also some issues like people are claiming that they got their account banned and this is because if they are use gambling site from that wallet. So stay alert while using anyone of them.
Coinbase is somehow safe but the thing here is that you should really not try to violate their ToS because once you have violated it then expect you would really be got blocked and there are instances on where they do block without any users awareness which do really suck but you can anytime complain to their support which i do say that they are somehow attentive on handling issues of its users but choosing between coinbase and blockchain i would use blockchain since i do have the private keys of my wallet.
Yes they do it like that just like the forum if you violated the plagiarism free rule you can be banned with no notice or whatsoever. Specially for coinbase that comply to the government for safety precautions well that cant be helped they are just securing it for a safety environment for their dear user's.
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December 06, 2017, 12:55:28 PM
 #64

I think coinbase is a safe wallet. My only issue with coinbase is the speed of transactions or the time it takes for transactions to get confirmed (bitcoin/litecoin). Other than that, it's all good.
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December 06, 2017, 01:06:06 PM
 #65

My only issue with coinbase is the speed of transactions or the time it takes for transactions to get confirmed (bitcoin/litecoin). Other than that, it's all good.

The only way I can see Coinbase be somewhat responsible in this case, is when they don't include appropriate fees according to how congested the network at a specific period of time is. Another factor (when Coinbase isn't responsible) is that miners just blatantly ignore transactions, certain pools have the frequent habit of doing so. It's an aspect that doesn't get much people to complain about honestly. The far majority of the complaints all are verification related, one way or another, which is something a lot services allowing people to buy and sell crypto suffer from due to the long list of regulations they have to abide by.
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December 08, 2017, 04:52:39 PM
 #66

Has anybody seen this when trying to log into Coinbase lately. An error has occurred. Makes me wonder I've seen this on other sites where I had BTC & LTC and lost it.


Don't worry, we've been notified about the issue and are taking a look. Please try again in a few minutes, or if the problem persists feel free to add a Bug Report. Sorry for the trouble
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December 08, 2017, 05:13:30 PM
 #67

Not good at all.

No custom fee

No private keys (A must thing to have in your hands)

If you login from any sanctioned country by mistake, your account will be restricted

IMO, MyCelium wallet is best, android based, simple light weight and has all the features you need, also support trezor and ledger hw wallets.
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