11Mon·

Coinbase security covers outside of wallet

Hello Getquin

How is it actually regulated if you have your coins on the exchange, for example at Coinbase $COIN (-1.25%) up to what amount would the coins be $BTC (+0.06%)
$ETH (+0.97%)
$SOL (+0.64%) covered by insurance in the event of a hacker attack, for example?

Are any of you familiar with this or do you think it would be better to store them in a wallet?

Many thanks for your help

3 Comments

Stefan21@stefan_21

11Mon

Better to put it on the wallet. I assume that Coinbase is insured accordingly, but depending on the size of the hack, it could be that you only get a part of it back and/or that it takes a few years before you get anything.

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Michael D.@Angstundbange

11Mon

"Not Your Keys, Not Your Coins"

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Staatsmann@Staatsmann

11Mon

Bison has insured the stocks up to 50k€, if I have it right in my head.

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