is my money safe on coinbase

Coinbase, a cryptocurrency exchange platform, has been a popular option for many people who want to store their money online. However, it is important to remember that digital currencies are not foolproof. While they are incredibly convenient for exchanging and moving money, they are also highly vulnerable to theft and cyber threats. As a result, it is essential to take certain precautions to ensure your money is safe on Coinbase. One of the most important precautions is to use a strong, unique password that is difficult to guess. Additionally, you should regularly update your password and enable two-factor authentication whenever possible. Another important precaution is to keep your account information confidential and avoid sharing it with anyone. If you are concerned about your money being stolen, you should consider using a service like CoinGuard, which provides encryption and two-factor authentication for your accounts. Overall, it is important to take certain precautions to ensure your money is safe on Coinbase.