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Author Topic: Is Coinbase a safe exchange to work with?  (Read 2104 times)
ab1jx
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July 03, 2017, 09:36:59 PM
 #21

As of a few days ago Coinbase had 193 complaints filed against them at the Better Business Bureau, I'd steer clear.  Just take a quick look at whoever you're considering at bbb.org.  Consider that there will always be cranks that complain about anything, but 193 seems like too high a number for just that.  Bitfinex for example has no complaints.
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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scottmazzy (OP)
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July 03, 2017, 10:37:04 PM
 #22

Thanks for the heads up.  Does Bitfinex have a fiat wallet which is not tied into Bitcoin?
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February 23, 2018, 08:44:31 AM
 #23

Yes coinbase is the best and secure wallet. Here is a thread on quora: https://www.quora.com/Is-Coinbase-a-safe-way-to-buy-sell-and-store-bitcoins
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April 22, 2018, 11:57:35 PM
 #24

Yes.

It is among the fasest to sign up with.

Here is an article explaining why this is so and showing exactly how to sign up:

https://cryptoguidepro.com/coinbase-registration-beginner-walkthrough/
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April 23, 2018, 04:47:05 AM
 #25

Yes coinbase is the best and secure wallet. Here is a thread on quora: https://www.quora.com/Is-Coinbase-a-safe-way-to-buy-sell-and-store-bitcoins

I don't think it is an secure wallet because it can be easily hacked if someone knows your email,if you have 2FA feature on then you might save from the hackers but it it can be still hacked.But I am also used coinbase for a while it is safe to store small amounts and if someone is going to sell their bitcoin in near future then they can keep it in there but coinbase have some issues if are holding or trading more then one bitcoin.

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April 23, 2018, 04:20:15 PM
 #26

I used coinbase.com as my main crypto exchange from the past, and I don't encounter some problems right now. For me, I recommend it specially when the token is already listed on it. Good luck folks.

You can use this also, Vault protection,For added security, store your funds in a vault with time delayed withdrawals.
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