Can I use coinbase for storing bitcoin?

Bitcoin Questions and AnswersCategory: General questionsCan I use coinbase for storing bitcoin?
Luke asked 12 months ago

I plan on creating a faucet, and simply buying bitcoins. Should I invest in something like the TREZOR wallet? Or is a free wallet like coinbase fine to store your bitcoins?

1 Answers
Ofir Beigel answered 12 months ago

Hey Luke, you can use Coinbase to buy Bitcoins but I wouldn’t store too much money in it as you don’t have control over your wallet. If you want a deeper read on Coinbase read this. If you want maximum security get a TREZOR that’s what I do.

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