Is the USD on Coinbase FDIC insured?

6 answers

• Nov 24, 2021 · 3 years ago
  Yes, the USD funds stored on Coinbase are FDIC insured. Coinbase holds its customers' USD funds in custodial accounts at FDIC-insured banks. This means that if Coinbase were to go bankrupt, your USD funds would be protected up to $250,000 per customer, just like a traditional bank account.
  290145
• Nov 24, 2021 · 3 years ago
  Absolutely! The USD funds on Coinbase are FDIC insured. Coinbase takes the security of its customers' funds very seriously and ensures that the USD funds are held in FDIC-insured banks. So, you can have peace of mind knowing that your money is protected.
  25485
• Nov 24, 2021 · 3 years ago
  Yes, the USD funds on Coinbase are FDIC insured. Coinbase partners with multiple FDIC-insured banks to hold its customers' funds. This ensures that even if Coinbase were to face financial difficulties, your USD funds would still be protected by the FDIC.
  25464
• Nov 24, 2021 · 3 years ago
  Definitely! The USD funds on Coinbase are FDIC insured. Coinbase has taken the necessary steps to ensure that its customers' funds are held in FDIC-insured accounts. So, you can trust that your money is safe and protected.
  22245
• Nov 24, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, confirms that the USD funds on Coinbase are FDIC insured. Coinbase has implemented robust security measures, including holding customer funds in FDIC-insured accounts, to provide maximum protection for its users.
  25443
• Nov 24, 2021 · 3 years ago
  Yes, the USD funds on Coinbase are FDIC insured. Coinbase has partnered with reputable banks that are FDIC insured to hold its customers' funds. This ensures that your USD funds are protected in the event of any unforeseen circumstances.
  23734