Coinbase experience: The provider is so secure
Coinbase is currently the largest crypto exchange in the world. But if you want to invest your money in cryptocurrencies, you also want to rely on a secure provider with positive experiences. You can find out how well Coinbase performs in this practical tip.
Coinbase.com - Security of the crypto exchange
The most relevant point when choosing a crypto exchange is the security of the provider.
- Coinbase relies on 2-factor authentication when registering. In addition to an e-mail address, a cell phone number is also mandatory. This protects the account from unauthorized access.
- The wallet is also very well protected. So far, the crypto exchange has never been hacked.
- Overall, the provider is therefore very secure and your cryptocurrencies are well protected.
User experiences on Coinbase.com
- On TrustPilot, Coinbase has a rating of 1.3 out of 10 possible points.
- Bad support is particularly criticized, as it cannot help in the event of errors.
- In some cases, deposits or withdrawals should not have reached the respective account.
- In addition, the fees are considered slightly higher than the average. In fact, the costs are in the middle of the range with comparable competitors.
Note: Trading cryptocurrencies is subject to strong fluctuations. Therefore, only invest a small part of your assets in such a speculative investment. You can find more tips on how to make money with cryptocurrencies in the next practical tip.