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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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23847256 No.23847256 [Reply] [Original]

So /biz/, do you keep all your crypto on Coinbase or do you send it to a hardware wallet?

>> No.23847296

>>23847256
If you have less than $10K just keep it on Coinbase, Binance or Kraken.
Kraken is the safest option, Binance gives the best APY, Coinbase is Coinbase.

>> No.23847411
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23847411

>>23847296
How do we know they aren't going to pull a Mt. Gox? That's my big fear, not schizo shit about the government stealing my linkies.

>> No.23847531

>>23847411
Kraken and Coinbase are insured, Binance keeps a fund specifically to repay victims of potential hacks. Exchanges in general are better prepared against a hack nowadays, keeping more than 95% of funds in separate cold wallets.

>> No.23847554
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23847554

I keep all my crypto on a ledger apart from the staked BELLA currently making me some daily gains.

Coinbase is a no.

>> No.23847592

>>23847531


last time I checked Coinbase is insured for the fiat you hold in the account. not the crypto

>> No.23847648

BTC/ETH/USDC stay in my BlockFi account. Miscellaneous coins in small amounts stay on Coinbase. Everything else goes to a personal wallet.

>> No.23847676

>>23847592
https://help.coinbase.com/en/coinbase/other-topics/legal-policies/how-is-coinbase-insured

>> No.23847712

You send chainlink to your ETH wallet since it's an ERC-20 token, right?

>> No.23847742

>>23847676
Thanks for the link I was worried, i have over 6 figures on coinbase I'm going to leave it there until staking

>> No.23848461

>>23847742
same