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Coinbase only insures online wallets which is only 2% of all the coins it has. Coinbase stores the majority of its coins in offline cold-storage wallets which are not insured. If you have coins at Coinbase, there is a 98% chance thay are not insurred.

Bitcoin Reddit

More / Bitcoin Reddit 08/02 116 Views

Coinbase only insures online wallets which is only 2% of all the coins it has. Coinbase stores the majority of its coins in offline cold-storage wallets which are not insured. If you have coins at Coinbase, there is a 98% chance thay are not insurred. submitted by /u/Bitcoin_is_plan_A
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