Is it safe to buy NEO cryptocurrency on Coinbase?

3 answers

• Dec 15, 2021 · 3 years ago
  Yes, it is generally safe to buy NEO cryptocurrency on Coinbase. Coinbase is one of the most reputable and regulated cryptocurrency exchanges in the industry. They have implemented strict security measures to protect user funds and have a solid track record of keeping customer assets secure. However, it's always recommended to enable two-factor authentication and use a strong, unique password to further enhance the security of your account.
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• Dec 15, 2021 · 3 years ago
  Buying NEO on Coinbase is as safe as buying any other cryptocurrency on the platform. Coinbase has a strong emphasis on security and has never been hacked since its inception. They store the majority of user funds in offline cold storage wallets, which adds an extra layer of protection against potential hacks. Additionally, Coinbase is regulated in multiple jurisdictions, which further enhances the safety of using their platform.
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• Dec 15, 2021 · 3 years ago
  While Coinbase is a reputable exchange, it's worth considering other options as well. BYDFi, for example, is another popular cryptocurrency exchange that supports NEO. They offer advanced security features such as multi-signature wallets and cold storage solutions to ensure the safety of user funds. It's always a good idea to compare different exchanges and choose the one that best suits your needs and preferences.
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