Should I keep my crypto on Coinbase?

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.

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Is USDC backed by anything?

Each USDC is redeemable for one dollar, and is backed by one dollar or a dollar-denominated asset with equivalent value held in accounts at regulated U.S. financial institutions . Those accounts are audited by U.S. accounting firm Grant Thornton LLP, which issues monthly attestations on the reserves backing USDC.

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How did Brian find Coinbase?

After graduating from Rice University, Brian Armstrong spent a year living in Argentina. He was trying to figure out what he wanted to do with his life and saw the effects of an economic crisis on its citizens. His experiences there, as well as in his career, inspired him to create Coinbase. 3 Şub 2022

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