Is It Safe to Store Cryptocurrency on Coinbase?

Is It Safe to Store Cryptocurrency on Coinbase?

Coinbase Global (NASDAQ: COIN) is a gateway to the cryptoeconomy. It provides a number of financial services to retail traders and institutional investors, but its platform is best known as a cryptocurrency exchange. Coinbase supports the buying and selling of 166 crypto assets, and it offers custodial wallet services, meaning investors can store those assets directly on the platform.