Is Coinbase Safe for Buying & Storing Bitcoin?
Coinbase is still one of the most well-known exchanges for buying & selling coins. But the question is, is Coinbase safe enough?
How To Secure Your Crypto Exchange Accounts
As much as we suggest against leaving your funds on cryptocurrency exchanges, sometimes withdrawing your funds to your own wallet is really not an option especially if you’re an active trader. There’s nothing we could do to prevent hackers from attempting to hack exchanges as it’s the exchange’s developer’s responsibility to protect their funds in the first place. The…
What Happens if Binance Goes Out of Business?
Will Binance fail? Due to the outstanding performance and leadership of CEO ChangPeng Zhao, Binance is currently one of the biggest exchanges in the cryptocurrency space, with them making hundreds of millions every year even in bear markets. Binance is even bigger than Coinbase itself, due to Binance supporting most countries. While Binance is highly…
What Happens if Coinbase Goes Out of Business?
Answer It will entirely depend on what caused Coinbase to go out of business. If it’s the case that Coinbase shut down and goes bankrupt due to things like bad business handling or bad capital and finance management, there’s a decent chance that Coinbase would simply notify their users that their service is shutting down,…
Is it Safe to Hold Coins in Your Bitstamp Account?
Being in existence since 2011, Bitcoin’s really early days, if you’re been in the Bitcoin and cryptocurrency space for a while then Bitstamp would definitely be a very familiar name. The question though is, after their previous security issues, is it safe to hold your coins on Bitstamp? Table of contents: Is Bitstamp legit? Bitstamp’s…
Is it Safe to Hold Coins in Your HitBTC Account?
Though we really don’t see HitBTC being recommended a lot on bitcoin and cryptocurrency communities, HitBTC is still one big exchange that’s handling tons and tons of exchange transactions for their users. With that said, it it safe to leave your coins on HitBTC? HitBTC Security HitBTC seems to have the basic exchange security features…
Is FTX a Safe Platform to Store and Secure Your Coins?
Update (November 9): While FTX wasn’t hacked, we heavily recommend not depositing any funds on the FTX and FTX.us platform due to insolvency problems. As always, use a hardware wallet for secure long-term storage. Though the likes of Coinbase and Binance are still the top bitcoin and cryptocurrency exchanges we have right now, the rising…
Is Cash App Safe for Buying & Storing Bitcoin?
Founded by Twitter’s CEO Jack Dorsey, Cash App has been one of the fastest-growing investing and payment platforms in the past few years, with having great features like the “cashtag”. They did so great, that the Cash App has been one of the top finance and investing apps on both the Google Play Store and the…
Has Coinbase ever been hacked?
Coinbase is no doubt a great and very reputable service due to its simplicity and ease of use. Due to how easy to use Coinbase is, Coinbase has been one of the biggest bitcoin and cryptocurrency exchanges that we have right now. But, has Coinbase been hacked? The quick answer: No. BUT WAIT! Does that…
Is Bitcoin.com Safe or Legit?
Bitcoin.com, which is owned by the really famous but controversial crypto personalities, Roger Ver, is one of the top Bitcoin-related websites in terms of search traffic due to it’s really valuable domain name(bitcoin.com). The Bitcoin.com website and business in general was once a decently reputable website to go to back in the days, but is…