Yes, they are very bad. Moreover GDAX has not a very good uptime. It is totally unfair that they are valued so much when there are way better exchanges.
It is true, I think coinbase will be secure (very secure) but will screw you up in future if it comes to taxes and anonimity
I had completely forgotten about that. A few years back I'd gotten an email from my bank asking if I wanted to link my Coinbase account, to my bank profile. I went back to double check, I hadn't used that bank for any transactions.
In the long run if people can develop a significant ecosystem beyond mining, and speculation the pump won't be so bad. Otherwise it's best to guess how much their fiat pump is, and when the note is getting called in by the banks.
I'm not going to waste any more time on them, I'm just going to close the account.