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CoinBase requires ID Reddit


Is Coinbase a good platform?

  • Coinbase is secure, has a good record as a custodian, but falls short in the privacy department. It also has some of the highest fees in the business. This review aims to present the most in-depth analysis of the Coinbase exchange. It scrutinizes Coinbase’s background, security record, services, user friendliness, accessibility, and costs.

Is Coinbase safe to use?

  • - Coinbase recently announced that 6,000 users had been affected by a hack earlier this year. - Coinbase is still relatively secure, and users that use strong credentials should have little to worry about. - Coinbase isn't insured by the SIPC, but it does carry crime insurance that protects some digital assets from theft and cybersecurity breaches.

Is Coinbase reputable?

  • Coinbase is one of the most reputable exchanges in existence. If they haven't credited you, they likely denied the purchase and your bank hasn't given you a refund. You should contact both Coinbase and your bank to figure out why.

Do I need a Coinbase wallet If I have Coinbase?

  • You do not need a Coinbase account to use the Coinbase Wallet app. Coinbase Wallet helps users manage their own private keys and store their crypto assets directly on their devices, not with a centralized brokerage or exchange.




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