Very deceiving, truth is every single person who has done their homework knows that Coinbase has agreed with the feds on adhering to a little bit more stringent guidelines and rules. Our accounts are safer at Coinbase then anywhere else. But I do agree that you should diversify your crypto holdings by spreading your balance around to multiple brokerages. Think Coinbase is bad? The others are horrible, sadly Coinbase is still the best going.
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If you keep money on any exchange.....you crazy.