As mentioned previously, it is not wise to keep large amounts of cryptocurrency in any hot wallet, especially an exchange account . Instead, it is suggested that you withdraw the majority of funds to your own personal “cold” wallet (explained below). Exchange accounts include Coinbase, Gemini, Binance, and many others.
Read moreIs crypto com safer than Coinbase?
Yes, Crypto.com and Coinbase are safe and use security measures that are industry-standard or above for U.S.-based residents . Although Crypto.com is based in Hong Kong, where some rules may be different, it prioritizes security equally to Coinbase.
Read moreWhat exchange is cheaper than Coinbase?
FTX charges much lower trading fees than Coinbase and most other top cryptocurrency exchanges. While Coinbase Pro has a more competitive fee structure than the regular Coinbase platform, FTX still typically comes out ahead. FTX uses a tiered fee structure where the amount you pay depends on your 30-day trading volume.
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