common-close-0
BYDFi
Trade wherever you are!

What are the recommended security practices to keep my credit card information safe on Coinbase?

avatarThuesen LockhartDec 17, 2021 · 3 years ago1 answers

I want to ensure the safety of my credit card information while using Coinbase. What are the best security practices recommended to protect my credit card details on Coinbase?

What are the recommended security practices to keep my credit card information safe on Coinbase?

1 answers

  • avatarDec 17, 2021 · 3 years ago
    At BYDFi, we understand the importance of keeping your credit card information safe on Coinbase. One of the recommended security practices is to enable Coinbase's withdrawal address whitelist feature. This allows you to specify a list of trusted addresses where your funds can be withdrawn. By doing so, even if your account is compromised, the attacker won't be able to withdraw funds to unauthorized addresses. Additionally, regularly reviewing your connected devices and applications on Coinbase can help identify any suspicious activity. If you no longer use a device or application, remove it from your account to minimize potential risks. Remember, protecting your credit card information is a shared responsibility between you and the platform you use.