
Is Coinbase a secure platform?
In addition to being one of the largest cryptocurrency exchanges in the world, Coinbase has earned a great reputation for security. Most of the digital assets of the exchange's users are stored offline in cold storage. According to Coinbase, phone numbers must also be validated by entering a code sent via text message. After your phone number has been verified, it is recommended that you set up 2FA (two-factor authentication). A direct text message 2FA is insecure since it can be intercepted by hackers while in transit. Your Coinbase account must be protected with two-factor authentication (2FA). Several methods can be used to improve the security of your Coinbase account. When it comes to security, more is always better, so take advantage of all Coinbase's security features. You can request the information you provided to Coinbase in the first place after you've deleted your account. Coinbase can also delete the information from its servers. Since privacy is such a big deal in people's lives, Coinbase gets bonus points for managing and destroying your data as you request.
Nov 29, 2021 22:43