Is Your money Safe on Coinbase?

The short answer is “yes, Coinbase is a legitimate cryptocurrency exchange and broker ”. That is because of its high profile investors and highly regulated location (San Francisco). Coinbase is very unlikely to run away with your money.

The consensus recommendation among 23 analysts surveyed by Yahoo Finance is “buy.” The analysts’ average price target is $315.21 — 90% higher than the closing price of $165.75 on March 4, suggesting Coinbase could be a solid long-term investment for investors who feel comfortable with the heightened risks inherent in …

Coinbase takes extensive security measures to ensure your account and cryptocurrency investment remains as safe as possible , but ultimately, security is a shared responsibility. Here are some actionable steps that you can take to help safeguard your investment and keep your account safe from unauthorized access.