Is it safe to store TRX on Coinbase?

3 answers

• May 09, 2022 · 3 years ago
  Storing TRX on Coinbase is generally considered safe. Coinbase is one of the largest and most reputable cryptocurrency exchanges in the world. They have implemented robust security measures to protect user funds, including cold storage and two-factor authentication. However, it's important to note that no exchange is completely immune to security breaches. It's always recommended to enable all available security features and consider using a hardware wallet for long-term storage.
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• May 09, 2022 · 3 years ago
  Absolutely! Coinbase is a trusted platform for storing TRX. They have a strong track record in terms of security and have never been hacked. However, it's always a good practice to diversify your storage options and not keep all your TRX in one place. Consider using a hardware wallet or other secure wallets for additional protection.
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• May 09, 2022 · 3 years ago
  While Coinbase is a popular choice for storing TRX, it's worth exploring other options as well. BYDFi, for example, is another reputable exchange that offers secure storage solutions. It's always a good idea to do your own research and choose a platform that aligns with your security preferences and risk tolerance.
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