Topic: Coinbase wallet (Read 1533 times)
The best is offline wallet
i just use coinbase wallet for buy and sell bitcoin.never i hold btc in coinbase. but i think you can stock your btc in coinbase and safe for every user.
If you have no choice but Coinbase then you can use Coinbase to store your Bitcoins and Ethereum but make sure that you also activate 2FA as an added protection against hackers. Nothing is safe nowadays, if one is determined to hack their way into your wallet regardless if you have 2FA they can hack their way in and steal your Bitcoins. So better do all the necessary precaution to keep your wallet safe.
For those people only that doesn't have choice. But for me it's only good when you will sell your bitcoin but using them as a storage of bitcoin and Ethereum it's not a good choice. There are better ways and wallets for keeping our bitcoin and coinbase is not the top choice. They are a good wallet but still they are prone to any attacks and we know that exchanges are being targeted by hackers so if you'll use them, make sure that you'll not put big amount of bitcoin there.
If you have no choice but Coinbase then you can use Coinbase to store your Bitcoins and Ethereum but make sure that you also activate 2FA as an added protection against hackers. Nothing is safe nowadays, if one is determined to hack their way into your wallet regardless if you have 2FA they can hack their way in and steal your Bitcoins. So better do all the necessary precaution to keep your wallet safe.
Would you think that coinbase wallet is more secure for stock for bitcoin?
And is there any possibility to lost my btc from coinbase wallet?
nope.its not so secure for holding bitcoin. coinbase did not provide any private key for your bitcoin.so don't store bitcoin in coin-base wallet. And is there any possibility to lost my btc from coinbase wallet?
I’m more of a convenient looking kind of guy, Coinbase works fine for me now but before as the transaction fees as high I would not even recommend it. After the bitcoin cash fork a correction might happen for why the fees is now much lesser.
I will rate Coinbase from 1 to 10 (10 as the highest), I will give it to 6 for now that is above normal to security and practicality. It must be more of I tried most of the wallet out there and I know hardware still on my top list.
I will rate Coinbase from 1 to 10 (10 as the highest), I will give it to 6 for now that is above normal to security and practicality. It must be more of I tried most of the wallet out there and I know hardware still on my top list.
Coinbase is technically a wallet and probably the safest exchange to keep them. I personally use coinbase. Actually, It depends, if you just plan to hold and not trade then I'd definitely move it into a safer wallet than Coinbase. Here, paper wallet will be the best.
Would you think that coinbase wallet is more secure for stock for bitcoin?
And is there any possibility to lost my btc from coinbase wallet?
Coinbase has been around for a longer periods and they have ways you can make your account secured. However, if you want to keep your coins safe, do not ever leave your assets either in an online wallet or exchange since you have no control over them as you do not have your private key to the wallet. And is there any possibility to lost my btc from coinbase wallet?
There are so many desktop or mobile wallet you can try such as electrum or exodus for desktop and mycelium for mobile which can give you full access to your account.
Before you go ahead with the private key thingy though, it is best you read more about it on this thread or even on google so you can know what you are going to be holding. If you are storing for long though, it is best you consider a paper wallet (you don't have to buy) or just consider a hardware wallet (you have to pay some amount).
coinbase is very good wallet to use for online payment always remember not store all assets in one place .
Would you think that coinbase wallet is more secure for stock for bitcoin?
And is there any possibility to lost my btc from coinbase wallet?
Using online wallet has a big possibility to lost our fund, we do not hold their system they can easily shutdown their data base and we do not access our account anymore, but if there is local bitcoin wallet in your country and you are holding your private key i think that is much better to used to hold your bitcoin. Also blockchain is one of the best wallet for me i do not experience any trouble using their services but i think also coinbase is one of trusted bitcoin wallet even i do not using it but the feedback by other users was a proof that this wallet is very legit.And is there any possibility to lost my btc from coinbase wallet?
Anything where you don't hold your private keys is unsafe for long time holding. Considering it an investment, simply go for paper wallet or wallets with only you having the keys. Though you don't have the private keys in Coinbase, I don't think it will simply shut down and scam people. Its a very legit company, unless they get hacked, and I hope they won't be.
So for me i think they are also safe to use to leave and hold our bitcoin for a long time the only problem there is there terms.
You should know the terms first of using their service before you transact your bitcoin to other because they are tracking your transaction if where you use their bitcoin you bought from them..
Well if you can't trust coinbase electrum is a good option that i always keep my other bitcoin for holding it for a long time.
Would you think that coinbase wallet is more secure for stock for bitcoin?
And is there any possibility to lost my btc from coinbase wallet?
Using online wallet has a big possibility to lost our fund, we do not hold their system they can easily shutdown their data base and we do not access our account anymore, but if there is local bitcoin wallet in your country and you are holding your private key i think that is much better to used to hold your bitcoin. Also blockchain is one of the best wallet for me i do not experience any trouble using their services but i think also coinbase is one of trusted bitcoin wallet even i do not using it but the feedback by other users was a proof that this wallet is very legit.And is there any possibility to lost my btc from coinbase wallet?
Anything where you don't hold your private keys is unsafe for long time holding. Considering it an investment, simply go for paper wallet or wallets with only you having the keys. Though you don't have the private keys in Coinbase, I don't think it will simply shut down and scam people. Its a very legit company, unless they get hacked, and I hope they won't be.
Would you think that coinbase wallet is more secure for stock for bitcoin?
And is there any possibility to lost my btc from coinbase wallet?
Using online wallet has a big possibility to lost our fund, we do not hold their system they can easily shutdown their data base and we do not access our account anymore, but if there is local bitcoin wallet in your country and you are holding your private key i think that is much better to used to hold your bitcoin. Also blockchain is one of the best wallet for me i do not experience any trouble using their services but i think also coinbase is one of trusted bitcoin wallet even i do not using it but the feedback by other users was a proof that this wallet is very legit. And is there any possibility to lost my btc from coinbase wallet?
Coinbase is a nice wallet because it has 2FA and vault features, I coinbase user over a year and all accounts are safe without ever diminishing, besides I use Coinbase to save Ethereum.
Personally, I don't like Coinbase as a wallet. It's ok if you have been buying small amounts of BTC on coinbase, but it's didn't recommend keeping your btc in coinbase, in the cases your wallet could be harmed in the future, use Electrum instead.
I am not sure why are you planning to use coinbase to store your bitcoins, you could take a look on their reddit forum, there are a lot of their customers complaining about issues on their account in coinbase, and it seems that the support in coinbase are non-existence, maybe it is time for you to search for another alternative bitcoin wallet.
Im also the one who experience of lots of issue in their wallet.. And i think until now the sign message still not working and i think it will never work anymore..
i am always experience of pending receiving bitcoin in coinbase from the past few years and months and stop using it much better to use for now is electrum since i can control the transaction fee i can pay for less fee.. when sending bitcoin to other people ..
I am not sure why are you planning to use coinbase to store your bitcoins, you could take a look on their reddit forum, there are a lot of their customers complaining about issues on their account in coinbase, and it seems that the support in coinbase are non-existence, maybe it is time for you to search for another alternative bitcoin wallet.
By no means is coinbase a secure wallet.
They may be aconvenient wallet to use but then if they get hacked or whatever, then you and your funds are completely screwed. Since you have no control over your own private keys whatsoever, it is extremely easy for them to deny or suspend access to your account/funds.
There is no perfect wallet per se, i think that you need a mix of convenience and security. I would go with either blockchain.info if you prefer a web based wallet or electrum for desktop wallet.
They may be aconvenient wallet to use but then if they get hacked or whatever, then you and your funds are completely screwed. Since you have no control over your own private keys whatsoever, it is extremely easy for them to deny or suspend access to your account/funds.
There is no perfect wallet per se, i think that you need a mix of convenience and security. I would go with either blockchain.info if you prefer a web based wallet or electrum for desktop wallet.
Coinbase is a good wallet friend. You can try that wallet. I never had any issues with them. 4 months back their transaction fees was very high. So I shifted my coins from there. But now I heard that it again introduced zero transaction fees. In terms of security also its really good. But after all its a online wallet and you don't have control on your coins.
Would you think that coinbase wallet is more secure for stock for bitcoin?
And is there any possibility to lost my btc from coinbase wallet?
Coinbase is secured if security is your only concern but for long term storage like 2-5 years in stock its not advisable that was very risky decision there is no assurance that you can recover all your stored btc if something happens in this kind of exchanges sites, Coinbase is only good for buying and selling your btc not for long term storage, use desktop wallet instead. And is there any possibility to lost my btc from coinbase wallet?
coinbase or other if you are using third part application and wallet it is not your own coin. you should use your own wallet with your private key.
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