Yup, Coinbase is listed and more transparent than FTX......chances are quite slim...but Why Take risk of even 0.000000001%.....Just move to self custody......Use Coinbase when Needed , not for storing the cryptokhinkali said:
Coinbase claim to have a lot more BTC than that and CZ retracted the above claim.
https://twitter.com/x/status/1595126765143617536
I'm not saying anything about user deposits, but confidence in the business seems quite low.
https://www.coindesk.com/markets/20...pse-dents-institutional-confidence-in-crypto/
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Coinbase has been around for long unlike all the players which went under this yearkhinkali said:
Coinbase claim to have a lot more BTC than that and CZ retracted the above claim.
https://twitter.com/x/status/1595126765143617536
I'm not saying anything about user deposits, but confidence in the business seems quite low.
https://www.coindesk.com/markets/20...pse-dents-institutional-confidence-in-crypto/
Click to expand...
of course, everyone and his dog gets cautious about the most hated sector now. That is normal crowd behavior.khinkali said:
If you're trading and getting a daily yield higher than the risk of collapse, then it could be worth it. Even then, it's better not to put all eggs in one basket. If someone offers you 3-1 on a fair coinflip, you should invest, but not 100% of your wealth (it seems that SamBF and his girlfriend would consider any positive EV as worth the risk...).
@JackAlabama I agree and most people consider Coinbase a good custodian. Whether Coinbase Inc. is a good investment, is another question and the bond yield shows that investors are getting cautious.
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