Coinbase distributes rewards, earned for the days in which you have a balance of at least $1 of USDC on Coinbase, every month . The higher the balance, the more rewards you earn. Rewards are distributed within the first 5 business days of the following month into your USDC wallet.
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Digital wallet options and security While cryptocurrency exchanges are not protected by the FDIC or the SIPC, Coinbase says that all of the digital currency it holds online is insured .
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