Which crypto exchanges to avoid?

Avoid exchanges lacking proper licensing and regulation. Verify licenses with relevant financial authorities in your jurisdiction. Look for exchanges with transparent fee structures and readily available audit reports. Beware of exchanges with unusually high returns or guaranteed profits; these are often scams.

Exchanges listed as fraudulent, such as yfiapp.com, btm-vip.com, bitaeqcke.net, and bybukx.com, should be completely avoided. These platforms frequently employ “pig butchering” scams, building trust before defrauding users. These scams often involve romance scams or impersonating legitimate exchanges like BitMex.

Always independently verify the legitimacy of any exchange before depositing funds. Check online reviews from multiple sources, not just those on the exchange’s website. Pay close attention to user comments regarding withdrawal delays, account freezes, or difficulty contacting customer support. Prioritize exchanges with robust security measures, including two-factor authentication (2FA) and cold storage for user funds.

Consider using reputable and established exchanges with a proven track record. While no exchange is entirely risk-free, established platforms generally have better security protocols and regulatory oversight. Never share your private keys or seed phrases with anyone, including exchange representatives.

Remember, if something seems too good to be true, it probably is. High returns often come with high risk, and fraudulent exchanges prey on users’ desire for quick profits.

Is it safe to keep your crypto on exchanges?

Keeping your crypto on exchanges long-term is a risky gamble. Exchanges offer ease of trading, but this convenience comes at the cost of significantly increased security vulnerabilities. They are prime targets for hackers, and a successful breach could mean the complete loss of your assets. Furthermore, exchanges are businesses; bankruptcy or insolvency is a real possibility, leaving your funds potentially inaccessible or lost altogether. This risk is amplified by the fact that most exchanges only hold a fraction of customer funds in cold storage, leaving the majority vulnerable in hot wallets susceptible to cyberattacks. Consider the significant insurance gaps – many exchanges offer minimal or no insurance against theft. Ultimately, self-custody via a secure hardware wallet offers far superior protection, granting you complete control over your private keys and mitigating the inherent risks associated with third-party custodianship.

Remember, “not your keys, not your crypto” is a fundamental principle in the cryptocurrency world. While exchanges may seem convenient, the security trade-off is substantial, especially for significant holdings or long-term investments.

What is the safest crypto exchange right now?

The question of the “safest” crypto exchange is complex, as “safety” encompasses various factors including security, regulation, and reputation. No exchange is entirely risk-free. While rankings like the hypothetical 2025 list you provided (CME Group 7.7, Coinbase 7.6, Bitstamp 6.8, Binance 6.7, with a hypothetical 10-point audit strength scale) offer a snapshot, they don’t capture the dynamic nature of the crypto landscape. These scores might be based on outdated information.

CME Group, a traditional financial institution, benefits from established regulatory oversight, but its crypto offerings are limited. Coinbase is a large, publicly traded US-based exchange with robust security measures, but is subject to US regulations which can be restrictive. Bitstamp, while established, is smaller than Coinbase and has experienced past security incidents, though their recovery from them improved their reputation. Binance, despite its global reach and high trading volume, has faced regulatory scrutiny and past security breaches, raising concerns about its long-term security and regulatory compliance, despite recent improvements.

Ultimately, “safest” depends on individual risk tolerance and needs. Consider factors beyond simple rankings: insurance coverage (if any), regulatory compliance in your jurisdiction, trading fees, available assets, and the exchange’s track record of security incidents and regulatory actions. Diversifying across multiple reputable exchanges, rather than relying on a single platform, remains a crucial risk mitigation strategy. Never keep significant funds on any exchange for extended periods.

How to know if a crypto exchange is safe?

Determining a crypto exchange’s safety requires diligent due diligence. Simply checking for registration with a regulatory body is a starting point, but remember that registration doesn’t guarantee safety; many scams operate in unregulated spaces. Look beyond superficial compliance. Scrutinize the exchange’s security measures: Two-factor authentication (2FA) is mandatory, but the *type* of 2FA matters (e.g., authenticator apps are far superior to SMS). Cold storage is crucial, but investigate *how much* of their assets are held in cold storage—transparency is key. Regular security audits are essential, but demand verifiable proof; look for reports from reputable, independent firms, not self-published summaries. Also, consider the exchange’s track record: Have they experienced significant security breaches or hacks in the past? Investigate user reviews and forums for insights into customer experiences and reported issues. Finally, assess the exchange’s insurance coverage; while not foolproof, it offers an extra layer of protection against potential losses. Remember, no exchange is entirely risk-free; your due diligence should aim to mitigate those risks as much as possible.

What is the most trusted crypto trading platform?

Choosing a crypto trading platform as a newbie can be tricky. There’s no single “most trusted,” as different platforms excel in different areas. Here’s a breakdown:

Robinhood: Great if you prioritize no-fee trading. However, they offer a more limited selection of cryptocurrencies compared to other platforms. Keep in mind that while trading is free, there might be other associated fees.
Coinbase: Excellent for beginners due to its user-friendly interface and educational resources. It’s considered relatively secure, but like all platforms, it’s crucial to practice strong security measures (like enabling two-factor authentication). They also have a good selection of cryptocurrencies.
Gemini: Prioritizes security and offers educational materials. It’s a solid choice if security is your top concern, but might be less intuitive for absolute beginners compared to Coinbase.
Kraken: Ideal for more experienced traders who need a wide variety of cryptocurrencies and advanced charting tools. It’s a robust platform with lots of options, but can feel overwhelming for beginners.
eToro: Stands out for its social trading features, allowing you to follow and copy the trades of successful investors. This can be helpful for learning, but remember that copying trades involves risk and you should always do your own research.
Cash App Investing: Simple and fast access, perfect for buying small amounts of crypto easily. However, the features are limited compared to more full-featured platforms.

Important Note: No platform is completely risk-free. Always research any cryptocurrency before investing and understand the risks involved. Never invest more than you can afford to lose. Consider diversifying your portfolio across multiple cryptocurrencies and platforms to mitigate risk.

Security Tip 1: Use strong, unique passwords and enable two-factor authentication (2FA) wherever possible.
Security Tip 2: Be wary of phishing scams. Never click on suspicious links or share your login details.
Security Tip 3: Only use reputable and well-established platforms.

Which is the most trusted crypto exchange?

Picking the “most trusted” is tricky, as trust depends on individual needs and risk tolerance. However, based on sheer size, liquidity, and trading volume, these centralized exchanges consistently rank high: Binance (globally, but check local regulations), Coinbase (strong US focus, known for regulatory compliance), Kraken (established player, known for security), and KuCoin (popular for altcoins, but might have slightly higher risk). Binance.US is a good alternative for US users concerned about Binance’s global reach. Bitfinex and Gemini cater to more experienced traders, often with higher fees or more complex interfaces. Coincheck is a strong option for Japanese users. Remember that even the biggest exchanges aren’t immune to hacks or regulatory issues, so diversify your holdings across multiple exchanges and always secure your own private keys.

Important Note: Regulation varies significantly by location. Always ensure the exchange you choose operates legally in your jurisdiction and complies with applicable Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations. Consider factors beyond volume, such as fees, security features (like two-factor authentication – 2FA), customer support responsiveness, and the available cryptocurrencies. Research each exchange thoroughly before depositing funds.

What is the least risky cryptocurrency?

Bitcoin’s often touted as the least risky crypto, and for good reason. Its massive network effect – think the sheer number of users and miners – makes it incredibly resilient to attacks. The longer it’s been around, the more secure it’s become. This established network is a huge moat against competitors.

However, “least risky” doesn’t mean “risk-free.” Crypto is inherently volatile. Even Bitcoin experiences price swings. What makes it comparatively less risky is:

Established Market Dominance: Bitcoin holds the largest market capitalization, making it less susceptible to market manipulation compared to smaller altcoins.
Stronger Security Protocols: Years of development and scrutiny have resulted in robust security measures, making it harder to exploit vulnerabilities.
Mature Infrastructure: More established exchanges and custodial services exist for Bitcoin, offering greater security and user experience.

But consider these nuances:

Regulatory Uncertainty: Government regulation is still evolving and could impact Bitcoin’s price and accessibility.
Quantum Computing Threat: Future advancements in quantum computing could potentially compromise Bitcoin’s cryptographic security, though this remains a long-term concern.
Exchange Risk: Storing your Bitcoin on an exchange introduces the risk of exchange hacks or insolvency.

Diversification is key. Even with Bitcoin’s relative stability, diversifying your crypto portfolio across different assets is crucial for mitigating risk.

What are the fake crypto platforms?

Identifying fake crypto platforms is crucial to avoid scams. While lists change rapidly, some known fraudulent exchanges in 2024 include I Texus Trade, Dartya, BravoFX, BIPPAX, Digi Coins, Primegroup. global, Safepalesa.com, and Ethereum x corp. Remember, these are just a few examples, and many more exist. Always independently verify any platform before investing.

Key indicators of a fake exchange often include unrealistic return promises, unregistered or poorly defined legal structures, lack of transparent ownership information, negative user reviews across multiple platforms, and unprofessional website design or poor grammar. Always check for regulatory licenses from reputable financial authorities in your jurisdiction. A platform claiming to offer extremely high returns with minimal risk is a major red flag. Be extremely cautious of any platform contacting you unsolicited with investment opportunities.

Furthermore, due diligence is paramount. Look for independent reviews on trusted websites and forums dedicated to cryptocurrency. Verify their security measures – do they use two-factor authentication? What security protocols are in place? Consider using established, well-known exchanges with a proven track record instead of lesser-known or newly established platforms.

How do you know if you are being crypto scammed?

Crypto scams are everywhere, so it’s crucial to be vigilant. Many start on social media, like Instagram, Twitter, or Facebook, promising ridiculously high returns with little to no risk. This is a major red flag. Think: if it sounds too good to be true, it probably is.

They might contact you directly via text, email, or even phone calls. Be wary of unsolicited messages promoting cryptocurrency investments. Legitimate investment opportunities rarely contact you out of the blue.

Pressure tactics are common. Scammers often create a sense of urgency, pushing you to invest immediately before the “opportunity disappears.” This is designed to prevent you from doing your own research.

Unlicensed or unregistered platforms are another warning sign. Always verify that the platform or individual you’re dealing with is properly regulated. Look for transparency in their operations and publicly available information.

Beware of fake celebrity endorsements. Scammers frequently use images and videos of famous people to lend credibility to their fraudulent schemes. Check reputable news sources to confirm any such endorsements.

Do your research! Never invest in a cryptocurrency project without thoroughly researching it. Look for independent reviews and analysis, and be skeptical of information solely found on the project’s website.

Secure your accounts. Use strong, unique passwords and enable two-factor authentication wherever possible. Be cautious about clicking links from unknown sources, as they may contain malware.

What is the No 1 crypto exchange in USA?

Coinbase is a major player, but “No. 1” is subjective and depends on the metric. While it boasts high user volume and brand recognition, its market share fluctuates. Factors like trading volume, security practices (they’ve had security incidents in the past), and regulatory compliance heavily influence its ranking. It’s crucial to note that Coinbase Pro offers more advanced trading tools and lower fees compared to its standard platform. Other significant US exchanges include Kraken, Gemini, and Binance.US, each with its own strengths and weaknesses regarding fees, available cryptocurrencies, and trading features. Kraken often excels in advanced charting tools and diverse crypto offerings, while Gemini emphasizes security and regulatory compliance. Binance.US, despite controversies surrounding its parent company, offers competitive fees and a wide selection of coins. The best exchange depends on individual trading needs and risk tolerance. Always research an exchange thoroughly before using it, considering factors like security audits, regulatory standing, and customer support reputation. Furthermore, centralized exchanges inherently carry counterparty risk; your funds are held by the exchange, exposing them to potential vulnerabilities. Diversification across exchanges is a common risk-mitigation strategy.

What are some of the risks of a centralized exchange Coinbase?

Centralized exchanges like Coinbase, while convenient, carry inherent risks. Custodial risk is paramount; your assets are held by a third party, making them vulnerable to hacking, insolvency, or even outright theft. We’ve seen examples of this, resulting in significant user losses. Proof-of-reserve audits, while seemingly reassuring, are not foolproof and can be manipulated. Furthermore, the centralized nature of these platforms makes them attractive targets for regulatory scrutiny and potential government intervention, impacting accessibility and potentially freezing your assets. Consider the inherent counterparty risk – Coinbase itself could fail, leaving you scrambling to recover your investments. Diversifying across multiple exchanges and using cold storage for significant holdings is crucial to mitigating these risks, though it adds complexity.

Remember, insurance offered by exchanges is often limited and may not cover all loss scenarios. The concentration of assets on a single exchange amplifies the impact of any security breach or regulatory action. The allure of convenience shouldn’t overshadow the fundamental risks associated with entrusting your crypto to a centralized entity. Due diligence, thorough research, and a proactive risk management strategy are vital for navigating this landscape.

What is the safest cryptocurrency to invest in right now?

Picking the “safest” cryptocurrency is tricky because all crypto investments are risky. However, some are considered relatively safer due to their established market position and lower volatility compared to newer, smaller coins. This doesn’t mean they’re risk-free; the crypto market is inherently volatile.

Here are some examples often cited as relatively safer options, along with important notes:

Tether (USDT): A stablecoin pegged to the US dollar, aiming for a 1:1 ratio. This means its price should stay relatively stable, minimizing price swings. However, its stability has been questioned in the past, and it’s not entirely risk-free.

XRP (XRP): Associated with Ripple, a payment processing company. It’s a relatively established cryptocurrency but faces ongoing legal battles which impact its price and future.

Binance Coin (BNB): The native token of the Binance exchange, one of the largest in the world. Its value is tied to Binance’s success, making it susceptible to the exchange’s performance and regulatory actions.

Solana (SOL): A relatively new blockchain known for its speed and scalability. While it has gained popularity, it’s also experienced network outages in the past, making it more volatile than more established coins.

U.S. Dollar Coin (USDC): Another stablecoin pegged to the US dollar, aiming for a 1:1 ratio. Similar to Tether, its stability is not guaranteed, and it is subject to regulatory risk.

Dogecoin (DOGE): Initially a meme coin, its price is highly susceptible to social media trends and speculation, making it extremely volatile and risky.

Cardano (ADA): Focuses on scalability and sustainability. While it has a dedicated community, it’s still a relatively young project with inherent risks.

TRON (TRX): Aims to build a decentralized entertainment platform. It’s a more established project, but its price is still vulnerable to market fluctuations.

Important Note: Market capitalization (the total value of all coins in circulation) is shown for some coins. A larger market cap generally suggests greater liquidity (easier to buy and sell), but it’s not a guarantee of safety or future performance. Always conduct thorough research and only invest what you can afford to lose. Consider consulting with a financial advisor before making any investment decisions.

What are some of the risks of a centralized exchange coinbase?

Centralized exchanges like Coinbase, while offering convenience, introduce several significant risks. Custodial risk is paramount; users relinquish control of their private keys, making their funds vulnerable to hacking, theft, or internal mismanagement. High-profile exchange hacks demonstrate this vulnerability, often resulting in substantial losses for users. Proof-of-reserve audits, while intended to alleviate concerns, are not foolproof and can be manipulated or lack comprehensive scope.

Centralization itself presents a single point of failure. A compromised exchange or regulatory action impacting the exchange can freeze or seize user assets. This contrasts sharply with the decentralized nature of cryptocurrencies, designed for resilience and censorship resistance. Furthermore, reliance on a centralized entity introduces regulatory uncertainty. Varying legal frameworks across jurisdictions can lead to restrictions on trading, withdrawals, or even the outright banning of specific cryptocurrencies. This can significantly impact user accessibility and liquidity.

Beyond these core risks, consider the inherent conflicts of interest. Exchanges often operate proprietary trading desks, potentially creating situations where user funds are inadvertently or intentionally exposed to greater risk. The opacity surrounding internal operations and reserve management further exacerbates these concerns. Users should always carefully evaluate an exchange’s security practices, insurance coverage, and regulatory compliance before entrusting their funds.

Finally, the potential for manipulation and market dominance by large centralized exchanges is a growing concern. Their influence can affect price discovery and trading volumes, impacting market integrity and creating opportunities for unfair advantage.

What happens to crypto assets held in your Coinbase account?

Coinbase acts as a custodian, holding your crypto assets in a hosted wallet. This means they’re held on Coinbase’s systems, not directly in your personal possession like with a self-custody wallet. While Coinbase states these assets are “yours,” it’s crucial to understand the implications of this custodial arrangement. Your ownership is legally defined, but the operational control and security responsibilities lie primarily with Coinbase. This includes their security measures against theft, loss, and operational failures, along with their compliance with various regulations.

Key considerations: Coinbase’s insurance and security protocols are a critical factor. Review their publicly available information on these aspects. Remember that, unlike self-custody, you lack direct control over the private keys. This presents both security advantages (Coinbase’s expertise and resources) and disadvantages (reliance on a third party, potential for single points of failure, and susceptibility to platform vulnerabilities or regulatory actions). Understanding this custodial model is essential for evaluating the associated risks and benefits.

Further points: The specific security measures employed by Coinbase may vary depending on the asset. They likely utilize a combination of cold storage (offline wallets) and hot wallets (online, for faster transactions). The exact mix and specific implementation details are usually undisclosed for security reasons. Consider the potential impact of any insolvency or legal action against Coinbase on your access to your assets.

What is the best centralized crypto exchange?

Binance consistently ranks among the leading centralized cryptocurrency exchanges globally, boasting unparalleled liquidity and a vast selection of tradable assets. Its popularity stems from a user-friendly interface, even for beginners, coupled with robust security measures and a wide range of advanced trading features for experienced users.

Key Advantages:

Extensive Asset Selection: Binance offers access to a diverse portfolio of cryptocurrencies, including major coins like Bitcoin and Ethereum, as well as numerous altcoins and tokens.
High Liquidity: The sheer volume of trading on Binance ensures tight spreads and efficient order execution.
Advanced Trading Tools: Beyond basic trading, Binance provides features like margin trading, futures contracts, and options trading, catering to sophisticated trading strategies.
User-Friendly Interface: Despite its advanced features, Binance maintains an intuitive platform accessible to both novice and expert traders.
Binance Ecosystem: Access to Binance Smart Chain (BSC), Binance Earn (staking and lending), and other services expands the possibilities beyond simple trading.

Considerations: While Binance is a dominant player, users should always exercise caution and practice responsible risk management. Regulatory scrutiny of centralized exchanges is ongoing, impacting accessibility in certain jurisdictions. Thorough due diligence regarding security practices and fee structures is crucial before engaging in any trading activity.

Competitive Advantages over other exchanges frequently include:

Lower trading fees compared to some competitors.
A more extensive range of educational resources and tools for users.
A frequently updated and improved platform with new features being added regularly.

What is the number one crypto exchange?

Determining the “number one” crypto exchange is tricky, as the best platform depends on individual needs and priorities. There’s no single definitive answer, but several consistently rank highly.

Top Centralized Exchanges: A Closer Look

Binance: Known for its massive trading volume, low fees, and wide range of cryptocurrencies. However, regulatory scrutiny and past security incidents are factors to consider.
Kraken: A long-standing exchange valued for its robust security and advanced trading features. It’s often favored by more experienced traders.
KuCoin: Popular for its diverse offerings and user-friendly interface, catering to both beginners and experienced users. Its relatively low fees are also attractive.
Coinbase (not listed in original response, but highly relevant): A large, publicly traded exchange known for its user-friendly interface and strong regulatory compliance. Fees can be higher than some competitors.
Bitfinex: Offers advanced trading tools and a wider selection of altcoins, but might be less suitable for beginners due to its complexity.
Gemini: Prioritizes security and regulatory compliance, making it a solid option for users concerned about risk. It generally caters to a more sophisticated clientele.
Bitstamp: A reputable exchange with a strong track record and a focus on security, particularly appealing to those seeking a stable and reliable platform.
Bybit: Popular for its derivatives trading, offering futures and perpetual contracts. It caters more towards experienced and risk-tolerant traders.

Factors to Consider When Choosing an Exchange:

Fees: Trading fees, deposit fees, and withdrawal fees vary significantly between exchanges.
Security: Research the exchange’s security measures, including its track record and insurance policies.
Available Cryptocurrencies: Consider the range of cryptocurrencies offered and whether they meet your investment needs.
User Interface: A user-friendly interface is essential, particularly for beginners.
Regulatory Compliance: Choose a regulated exchange to mitigate potential risks.
Customer Support: Assess the quality of customer support in case you encounter any issues.

Disclaimer: Investing in cryptocurrencies carries significant risk. Do your own research before investing and only invest what you can afford to lose.

Which is the most trusted trading platform?

The question of the most trusted trading platform is complex, especially when considering the burgeoning crypto market. While the list provided focuses on Indian equities – Zerodha, Angel One, Upstox, Groww, 5Paisa, and Motilal Oswal – the criteria for trust extend far beyond simple functionality. In the crypto space, security is paramount.

Security: Centralized exchanges like those listed, while regulated within their respective jurisdictions, face different vulnerabilities compared to decentralized exchanges (DEXs). DEXs, while often touted for their decentralization and security, can present challenges in terms of user experience and understanding smart contracts. Due diligence on the security protocols employed by *any* platform, whether centralized or decentralized, is crucial. Look for robust security measures, including cold storage for a significant portion of assets, two-factor authentication (2FA), and regular security audits.

Regulation & Compliance: The regulatory landscape for crypto varies wildly globally. While the Indian exchanges mentioned operate within a defined legal framework for equities, the crypto space is still evolving. Before choosing any crypto platform, investigate its regulatory compliance in your region. This reduces your exposure to legal and financial risks.

Transparency: Reputable crypto platforms will be transparent about their fees, security procedures, and reserves. Look for platforms that provide clear and readily accessible information on these key areas. Opacity is a red flag.

Customer Support: Access to prompt and helpful customer support is critical, especially when dealing with potentially complex issues or security concerns. Assess the responsiveness and helpfulness of the platform’s support channels before committing any funds.

Decentralized Alternatives: While the initial list focused on centralized exchanges, exploring decentralized exchanges (DEXs) might be worthwhile for users prioritizing decentralization and anonymity. However, understanding the risks involved with smart contracts and self-custody is crucial. They provide greater control but often require a higher level of technical proficiency.

No Single “Best” Platform: The “best” platform depends heavily on individual needs and risk tolerance. Consider your technical proficiency, trading style, desired level of decentralization, and geographic location when making your selection. Thorough research is essential before entrusting your assets to any trading platform, crypto or otherwise.

Should I use Kraken or Coinbase?

Kraken and Coinbase are both established players, but their security profiles differ significantly. While both are considered reputable, Coinbase has a more substantial history of security breaches, impacting user funds. Kraken, on the other hand, boasts a cleaner record, with reported security incidents largely attributed to user negligence, not systemic vulnerabilities. This isn’t to say Coinbase is inherently insecure, but their past incidents are a factor to weigh against Kraken’s stronger track record.

Beyond security, consider the features each offers. Kraken generally caters to more experienced traders, providing advanced charting tools, margin trading, and a wider array of cryptocurrencies. Coinbase prioritizes user-friendliness, making it a better choice for beginners. Their interface is simpler, and their educational resources are more extensive.

Fees are another crucial aspect. Both platforms charge trading fees, but these can vary depending on the trading volume and payment method. Carefully compare fee structures before committing to either exchange. Furthermore, look into their staking options if you plan to earn passive income on your holdings. Both platforms offer staking, but the available cryptocurrencies and rewards differ.

Ultimately, the “best” exchange depends on your individual needs and risk tolerance. If robust security is paramount, Kraken’s cleaner history is compelling. If ease of use and beginner-friendly features are more important, Coinbase may be preferable. Thorough research into both platforms’ fee structures and available features is essential before making a decision.

Is it safe to leave money in Coinbase?

Coinbase is a popular cryptocurrency exchange, and whether it’s “safe” is a complex question. It’s a large, US-based company listed on the stock market, which adds a level of accountability not found with all exchanges. They invest heavily in security technology.

However, no exchange is completely risk-free. Consider these factors:

Exchange Hacks: While Coinbase has strong security, no system is impenetrable. Past hacks of other exchanges demonstrate the inherent risk.
Your Personal Security: Your account security depends heavily on your own practices. Strong, unique passwords, two-factor authentication (2FA), and avoiding phishing scams are crucial. Compromised accounts are far more common than exchange hacks.
Regulatory Risk: Regulations surrounding cryptocurrency are constantly evolving. Changes could impact how Coinbase operates and how your assets are protected.
Market Volatility: The cryptocurrency market is extremely volatile. The value of your holdings can fluctuate drastically, regardless of the security of the exchange.

Key safety features Coinbase offers:

Insurance: Coinbase has insurance policies to cover some losses due to security breaches. However, the extent of this coverage might be limited.
2FA and other security measures: They offer various security tools to help protect your account.
Reputation and Transparency (to an extent): Being a public company means some level of financial and operational transparency, making it comparatively safer than many smaller, unregulated exchanges.

Recommendation: Only keep on Coinbase the amount of cryptocurrency you need for immediate transactions. Consider a hardware wallet for long-term storage which offers significantly higher security but requires more technical knowledge.