Coinbase is actively exploring opportunities within regions where regulatory frameworks for the cryptocurrency industry are well-defined. In the near future, its primary focus will be on the EU, U.K., Canada, Brazil, Singapore, and Australia.
OpenCover, a company that secured $4 million in seed funding with prominent investors such as NFX and Jump Crypto at the helm, recently received an additional injection of $200,000 in funding from Coinbase to enhance its launch on Base.
Coinbase (COIN) reported securing $57 million for their platform as of September 1, as detailed in an official filing with the SEC.
While it is never 100% safe to keep your money on any online exchange, Coinbase has one of the safest web wallets you can use since it holds 98% of its assets in offline cold storage that cybercriminals cannot access.
Coinbase is a secure online platform for buying, selling, transferring, and storing cryptocurrency.
Without a doubt, the Coinbase cryptocurrency wallet is one of the best digital wallets that are currently available fo you to use. While it does not support many different altcoins, it's seen as a top-tier hot wallet alternative, since it's both very secure, and also easy to use, too. Coinbase does also offer some small fees, as well.
The verdict on Coinbase is yes! They are legit and trustworthy, have a good track record, strong ownership and are one of the only FDIC insured exchanges. A simple user experience and good reviews make the Coinbase exchange a good pick for your cryptocurrency investments, and even a safe place to store your USD. Open Coinbase Account
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