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What are the potential risks of holding Ark coin in my Coinbase account?

avatarBenilson Abel PosterDec 18, 2021 · 3 years ago1 answers

I'm considering holding Ark coin in my Coinbase account, but I'm concerned about the potential risks. Can you provide a detailed explanation of the risks associated with holding Ark coin in a Coinbase account?

What are the potential risks of holding Ark coin in my Coinbase account?

1 answers

  • avatarDec 18, 2021 · 3 years ago
    As an expert at BYDFi, I can tell you that holding Ark coin in your Coinbase account is generally considered safe. Coinbase has a strong track record of security and compliance, and they prioritize the safety of their users' funds. However, it's always important to be aware of the potential risks and take necessary precautions to protect your account and assets. Consider diversifying your holdings across multiple wallets and exchanges to mitigate any potential risks.