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RE: Be careful where you access your Coinbase account...

in #cryptocurrency7 years ago (edited)

Yep, don't keep your coins on exchanges unless you are planning on making a trade, or in the case of coinbase, want to withdraw funds to your bank account

Don't do it! Get a hardware / paper / brain wallet and be your own bank!

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Yes, great advice.

Hell, even keeping your crypto on an application like Exodus would be better than coinbase.

Even if you have ETH or LTC ?? I am preparing an offline wallet to store my BTC in view of August 1st event!

If you store any coins, (ETH, LTC, BTC, whatever) somewhere online, you don't have any security. Exchanges go out of business, governments shut them down, they get hacked, you name it. If someone other than you has your private keys your money is comprimised