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 .
Read moreCan Coinbase steal my money?
From time to time, due to violations of our User Agreement, Coinbase may restrict access to buy/sell services on a customer’s account. This can happen for a number of reasons including, but not limited to, high risk of fraud .
Read moreCan you get scammed on Coinbase?
Scammers can create fake websites asking for sensitive information to gain control of your accounts . Coinbase employees will NEVER ask you to share your password, 2-step verification codes, or private keys. If someone claiming to be from Coinbase asks you for this information, it is a scam.
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