Is coinbase account safe for transaction?

[Rrita]

I use coinbase as a personal wallet.It cost nothing for transactions. Is it safe? someone told me to use blockchain instead of coinbase.but it cut a fee for every transaction.

It's not really the safest wallet neither is blockchain. Since coinbase is a exchange and all the bitcoin is stored on their servers any problem or hack of the servers you will lose your bitcoin there have been some previous incidents with coinbase and I wouldn't recommend it. For small transactions like <0.001 it's fine using coinbase but wouldn't recommend it to store high amounts. Best is using a desktop wallet for everyday use,  I usually use Electrum it's easy to understand and has good security.

One question: Electrum wallet is free or not?

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[BitcoinExpart]

Coinbase is not a wallet at all but some of people use it as a personal wallet even me use this.Yes it should be safe if you can use it by maintaining some rules and regulation.Most important those are you didn't made any transaction which are gambling related.

[fiscorcle]

Coinbase is very legit - just be sure to tumble your BTC if you're planning on using them for anything that might fall into the grey area - they'll close your account for sure there

[socks435]

Before i experience of pending transaction from coinbase but it fix in few weeks.. like other said it is still risky o stay our bitcoin for too long in that web wallet because they are just giving a free service which is why they are giving it for free service.. but any way you transacting a small amount so if you lose there it is not a big problem.. i refer to use electrum instead of you want for better safe place if you are holding large amount of bitcoin.

[Zadicar]

Before i experience of pending transaction from coinbase but it fix in few weeks.. like other said it is still risky o stay our bitcoin for too long in that web wallet because they are just giving a free service which is why they are giving it for free service.. but any way you transacting a small amount so if you lose there it is not a big problem.. i refer to use electrum instead of you want for better safe place if you are holding large amount of bitcoin.

Online wallets are all risky since we dont posses the private keys and if the online wallet crashes then say goodbye totally on our bitcoins.Regarding on coinbase i could say that they are safe for transactions and they do charge free in every transfer you made unlike on blockchain and other web wallets.

[The Sceptical Chymist]

I'd love to say it's safe, but Mt. Gox, Cryptsy, and all the rest say otherwise about keeping coins on exchanges.  You just never know.

[lOvE mE forEvEr]

For more than 4 months of using coinbase I've never encountered a problem, every clear cookies or move the other computer always asked verification code that sent via mobile phones, I think coinbase is very safe.

[Polisi Ndeso]

as long as there are no guarantees of course we have to be vigilant, I suggest to split it into multiple wallet so that more secure. just as in real life, we should keep our money in some places or bank.