Coinbase is a bitcoin wallet and trading platform that does not store any of your personal data. The company is partially regulated by the US government.
The Coinbase wallet provides several security features like two-factor authentication, encrypted private keys, and multisignature wallets. It also has an app for iOS and Android devices with an interface that is easy to navigate.
When you send money through the app, it comes directly from your bank account or credit card which means you are protected by all of these options as well.
Security is one of the most important things to look out for when using cryptocurrencies, and it can be difficult to know what is safe to use and what isn’t.
The security of this platform has been questioned on the basis of the potential risk for identity theft and theft from hackers, and on some occasions, there have been unplanned system outages which have resulted in loss of crypto holdings.
However, Coinbase has taken measures to ensure that their users’ data and funds are secure at all times.
Generally speaking, Coinbase has good security practices and we think that they are safe to use.