Is coinbase a safe wallet - page 2. | Bitcointalksearch.org

Mkmanik

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Quote from: Bitcoin0916 on February 09, 2017, 10:39:32 PM

Quote from: PokerBetting on February 09, 2017, 03:24:36 AM

coinbase is safe because high security support 2fa
but not full safe, because coinbase not support private key, if coinbase service close or gone, you can do it anyhing and bitcoin balance is gone too

Yes agree, I am user of coinbase about 2 years, and until now have never found a problem. Certainly by activating 2FA is the best solution to increase security, but we must be aware that the web wallet is not secure 100%, so coinbase I use to store bitcoin no more than 10 btc.

Same here

, I am also a Coinbase user about 1years plus. I am using it smoothly, Till now i never found any issue using coinbase Wallet. I also set up Two Factor Authentication for higher security. Coinbase wallet is safe and secure until the site turned into the scam.
10 Bitcoin is huge money man. For storing 10 BTC in coinbase wallet is not safe and secure. You can use hardware and desktop wallet for storing 10 BTC . Those wallet are 100% safe i have heared.

bL4nkcode

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Quote from: Bitcoin0916 on February 09, 2017, 10:39:32 PM

Quote from: PokerBetting on February 09, 2017, 03:24:36 AM

coinbase is safe because high security support 2fa
but not full safe, because coinbase not support private key, if coinbase service close or gone, you can do it anyhing and bitcoin balance is gone too

Yes agree, I am user of coinbase about 2 years, and until now have never found a problem. Certainly by activating 2FA is the best solution to increase security, but we must be aware that the web wallet is not secure 100%, so coinbase I use to store bitcoin no more than 10 btc.

You are maybe actually right that coinbase has safe wallet to store any bitcoin. But there are so many issues that pops up from their forum, reddit and even here that there are many people experienced those issues. Just don't store there with huge amounts or else you know all the consequenses.

Bitcoin0916

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Quote from: PokerBetting on February 09, 2017, 03:24:36 AM

coinbase is safe because high security support 2fa
but not full safe, because coinbase not support private key, if coinbase service close or gone, you can do it anyhing and bitcoin balance is gone too

Yes agree, I am user of coinbase about 2 years, and until now have never found a problem. Certainly by activating 2FA is the best solution to increase security, but we must be aware that the web wallet is not secure 100%, so coinbase I use to store bitcoin no more than 10 btc.

Hazir

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Quote from: noictib on February 09, 2017, 04:11:50 AM

Quote from: Genius Einstein on May 13, 2016, 07:32:24 PM

As per the question is coinbase a safer wallet than blockchain

In my opinion the blockchain is best then anyone wallet because blockchain is official wallet for the bitcoin .

What are you talking about? Blockchain.info is not and never was official bitcoin wallet.
You are probably confused by the name "Blockchain" and mixed it with bitcoin's blockchain, these are completely different things.
The closest wallet we can call an official Bitcoin Wallet is Bitcoin Core, originally developed by Satoshi himself.

eaLiTy

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Quote from: PokerBetting on February 09, 2017, 03:24:36 AM

coinbase is safe because high security support 2fa
but not full safe, because coinbase not support private key, if coinbase service close or gone, you can do it anyhing and bitcoin balance is gone too

If you are using an online wallet that is the risk you have to take,they can be hacked or taken down either way the customers will be losing their coins and since the coins are not insured there is no way to get those back.So always save your coins in you personal wallet either hardware wallet or paper wallet if you are having a huge amount of coins.

noictib

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Quote from: Genius Einstein on May 13, 2016, 07:32:24 PM

As per the question is coinbase a safer wallet than blockchain

In my opinion the blockchain is best then anyone wallet because blockchain is official wallet for the bitcoin .
But here no doubt that there are many wallets which are proving the blockchain with less facilities because many of the wallets are having best feature than blockchain .
Here my best wallet is myscellium and zebpay and coinbase .
But here if you are using coinbase then you should be careful that you shouldn't have the btcjam account with the same email I'd , because if your btcjam account is hacked by anyone then probably he can steal all of your bitcoin . Since I never came in this type of problem but recently one of my friend said the same words for coinbase .
For newbie coinbase is better charge free .

PokerBetting

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coinbase is safe because high security support 2fa
but not full safe, because coinbase not support private key, if coinbase service close or gone, you can do it anyhing and bitcoin balance is gone too

Mkmanik

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Quote from: PokerFace3 on February 04, 2017, 03:04:50 PM

Quote from: Mkmanik on February 02, 2017, 12:10:55 AM

Quote from: BitcoinMarshal on January 29, 2017, 05:43:30 PM

In my view Coinbase is one of most safe wallets I have no issue in last many months using this without any problem may be some have issues and some prefer hardware wallets but this is also trust-able and any one can use without any problem support is also very quick and sportive

Agree with you.Coinbase is also safest wallet near to me.I am using coinbase about 1 years without facing any issue.But manny member already posts they have a serious issue about coinbase.Maybe they used coinbase for gambling purposes.So why their account was banned.Before joining any site, we need to read their FAQ.

I try to use all online wallet in order to avoid theft, I split my bitcoin into different wallets and one of them is coinbase and for some reason my account got banned which does not make any sense because I didn’t use it for anything, I really don’t know what the problem was I tried contacting the support but they just ignored me.

Sorry to hearing that. Do you use your coinbase wallet for gambling purposes? If you used, Then its one reason for banning your account. Coinbase does not allow gambling. I recommended you, Before joining any site first read their TOS & FAQ. I found it reading coinbase TOS & FAQ.
I know coinbase support system are very delay, But hope you will get a response about 2-3 days. I also mail them, they gave me to reply after 3 days later. Try to contact them again. Hope your problem will be solve.

PokerFace3

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Quote from: Mkmanik on February 02, 2017, 12:10:55 AM

Quote from: BitcoinMarshal on January 29, 2017, 05:43:30 PM

In my view Coinbase is one of most safe wallets I have no issue in last many months using this without any problem may be some have issues and some prefer hardware wallets but this is also trust-able and any one can use without any problem support is also very quick and sportive

Agree with you.Coinbase is also safest wallet near to me.I am using coinbase about 1 years without facing any issue.But manny member already posts they have a serious issue about coinbase.Maybe they used coinbase for gambling purposes.So why their account was banned.Before joining any site, we need to read their FAQ.

I try to use all online wallet in order to avoid theft, I split my bitcoin into different wallets and one of them is coinbase and for some reason my account got banned which does not make any sense because I didn’t use it for anything, I really don’t know what the problem was I tried contacting the support but they just ignored me.

Mkmanik

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Quote from: BitcoinMarshal on January 29, 2017, 05:43:30 PM

In my view Coinbase is one of most safe wallets I have no issue in last many months using this without any problem may be some have issues and some prefer hardware wallets but this is also trust-able and any one can use without any problem support is also very quick and sportive

Agree with you.Coinbase is also safest wallet near to me.I am using coinbase about 1 years without facing any issue.But manny member already posts they have a serious issue about coinbase.Maybe they used coinbase for gambling purposes.So why their account was banned.Before joining any site, we need to read their FAQ.

mrjoy15

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Quote from: carlfebz2 on February 01, 2017, 07:42:58 AM

Quote from: soul-impact on January 29, 2017, 08:22:22 AM

Quote from: carlfebz2 on January 28, 2017, 10:21:53 AM

Quote from: Grindabuck on January 28, 2017, 09:25:25 AM

I think it's really just preference. If we are just speaking in terms of using an online wallet to hold/send/receive bitcoin (and nothing else), both wallets are pretty good.
Personally, I'm not fond of the newer blockchain.info user interface at all - but it's still a decent wallet.

Choosing between coinbase and blockchain i would choose blockchain because of its new features which you could able to secure your private keys already unlike on coinbase and take note its not a purely webwallet but an exchange wallet.They do really hold or freeze account if they know that you are using it on gambling transactions.

Well, Transfer Bitcoin by coinbase are very fast if both sender and receiver use coinbase. Because when you send the Bitcoin by email, they will instantly move to the email owner within a second. If you care about the private keys or the security, you should never use online wallet because even if they provide you they private keys, it still very hard to prevent hackers from attacking the site.

Hacking incidents is very possible on this wallets and take not that coinbase is not a web wallet but an exchanger which means we are using wallet from an exchange.Im still using coinbase but not too often compared to blockchain and you are right private keys should really be the concern to have more secure wallet.

We're most all concerning about hacking incidents with online bitcoin wallet.Some wallet have strong security ,2FA code and others but hackers good enough gaining access to your Bitcoin wallet easily.So far online wallet never suggest specially when you have hold a good number of bitcoins in the wallet.

carlfebz2

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Quote from: soul-impact on January 29, 2017, 08:22:22 AM

Quote from: carlfebz2 on January 28, 2017, 10:21:53 AM

Quote from: Grindabuck on January 28, 2017, 09:25:25 AM

I think it's really just preference. If we are just speaking in terms of using an online wallet to hold/send/receive bitcoin (and nothing else), both wallets are pretty good.
Personally, I'm not fond of the newer blockchain.info user interface at all - but it's still a decent wallet.

Choosing between coinbase and blockchain i would choose blockchain because of its new features which you could able to secure your private keys already unlike on coinbase and take note its not a purely webwallet but an exchange wallet.They do really hold or freeze account if they know that you are using it on gambling transactions.

Well, Transfer Bitcoin by coinbase are very fast if both sender and receiver use coinbase. Because when you send the Bitcoin by email, they will instantly move to the email owner within a second. If you care about the private keys or the security, you should never use online wallet because even if they provide you they private keys, it still very hard to prevent hackers from attacking the site.

Hacking incidents is very possible on this wallets and take not that coinbase is not a web wallet but an exchanger which means we are using wallet from an exchange.Im still using coinbase but not too often compared to blockchain and you are right private keys should really be the concern to have more secure wallet.

avatar_kiyoshi

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Quote from: BitcoinMarshal on January 29, 2017, 05:43:30 PM

In my view Coinbase is one of most safe wallets I have no issue in last many months using this without any problem may be some have issues and some prefer hardware wallets but this is also trust-able and any one can use without any problem support is also very quick and sportive

Don't be regret later! Better to move all your amount on coinbase wallet or every online wallet you used, there's no guaranteed your funds safe, why? There are some possibility: hacker, collapse and to be a scam company. Don't close your eyes to kind of case like Mt.gox, mintpal, inputs, ect.

deadpoolx

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Quote from: mrjoy15 on January 29, 2017, 11:53:40 AM

While talking about safety purpose Coinbase as a online wallet should have negative feedback coming automatically.Though i would feel good recommend you coinbase.So far no issue at all unless you have followed their TOS when using this service.
Using my experience i can commit that so far I didn't face any problem using Coinbase.Still going smoothly without any wrong.

Just like in your case, I've seen many users who have been using the service for quite some time, and have no big problems with that. Regarding complaints, there are cases of users who have had problems that have been resolved by the support. On the other hand, there is a considerable number of users who complain that both the service and the support are inefficient, this is what worries many people about the quality of the service. I think coinbase needs to start hearing these complaints and start solving these problems if they intend to increase their user base.

BitcoinMarshal

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In my view Coinbase is one of most safe wallets I have no issue in last many months using this without any problem may be some have issues and some prefer hardware wallets but this is also trust-able and any one can use without any problem support is also very quick and sportive

BitcoinNewsMagazine

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Coinbase has a multisig Vault option which gives you more control over your funds for advanced users. I appreciate the fact that they offer the option but many may find using a hardware wallet is preferable. Trezors and Ledger Nano S are easy to use and you maintain complete control over your private keys.

rvbtccom

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about coinbase i think that is a safe wallet but the original of coinbase service is to exchange bitcoin, because i remember that in the first day of coinbase give to new users free 5$ who can be withdrawl, so i think she is a safe as wallet or exchange service and very serieus service and you can use it as wallet without any problem
this is what i think

mrjoy15

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While talking about safety purpose Coinbase as a online wallet should have negative feedback coming automatically.Though i would feel good recommend you coinbase.So far no issue at all unless you have followed their TOS when using this service.
Using my experience i can commit that so far I didn't face any problem using Coinbase.Still going smoothly without any wrong.

passwordnow

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Quote from: Vikingr on January 28, 2017, 09:21:32 AM

Quote from: passwordnow on January 28, 2017, 08:17:02 AM

Quote from: FLoving on January 28, 2017, 06:46:21 AM

From the start I often search between coinbase and blockchain and I have read a number of reviews about these two wallets and I have found a number of people who were complaining about coinbase but not found any person who have any serious issue with blockchain so I will recommend blockchain.

And those reviews about coinbase is making me start not to use them and if you are not that responsible with your profits for gambling and you mistakenly send it to your coinbase wallet directly, then your account will be frozen because they are implementing strict rules with those matters. Blockchain is also my choice I find it easy to use and more secured(I guess).

But sometimes I think that those people who do not do transactions with gambling companies will not find any problem from coinbase side. I also heard a number of people having issues with coinbase but I think that if someone read the rules before joining and follow them all then he will not face any issue from them.

Sometimes it is also our fault on not reading the rules and regulations that an exchange / online wallet site is implementing. Basically you are right, if we are not doing gambling related things and don't have profits from there then we are not going to have any problems with coinbase. But still just like what you've said, those people who are complaining are making coinbase to be avoided.

Carmen_Sandiego

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I see that a large number of users still use the service, so I think it would be unfair to say it is a service with no quality. But I think it's more risky to use coinbase wallet than to use some other wallet services, as there are too many users complaining about it.

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