Hi there, u/MysteriousOlive2294! Absolutely, your assets on Coinbase remain safe. Today’s decision is preliminary and does not affect your assets. It's important to note that this decision does NOT mean the SEC won; it simply means we're moving to the next phase of the case. The court has not made any decision about specific assets. Coinbase remains business as usual. Your assets remain yours and they remain safe. So yes, it's still safe to hold your assets on Coinbase.
Give us the ability to manage our own coins and hot wallets that have our own keys for each currency and maybe people will actually start using your exchange properly, im sure you know this is the main issue with centralized services such as yours.
Do this and the crypto market will flock to it. Until then nobody is going to store coins on your exchange, the general mantra is to just use the exchange for exchanging, not storing anything. So fix this, you are just scratching the surface of the market right now and you know it.
It's an obvious service that needs to exist and its honestly kinda ridiculous you havent done anything yet and are still using ancient hosted wallet technology which is only as secure as you are, and people dont want to have to trust you wont shut down trading or transfers or paycheque deposits (which should have double indemnity if a user can prove they were paid from certified providers and it didnt show up in the account right away).
Get with the times please, stop pretending to be deaf, its just hindering mass adoption and the gain from the development doesnt make sense to not do first as an industry leader yourself. Don't bother replying, i don't read them.
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There hasn't been a day gone by the last 4 years that the SEC isn't suing Coinbase, an Exchange, or a Crypto. Nothing has change. The SEC is losing most of their Crypto arguments in court.
There is no reason for me to pull anything off the Coinbase platform, the Most Trusted Cryptocurrency Exchange.
Hi there, u/MysteriousOlive2294! Absolutely, your assets on Coinbase remain safe. Today’s decision is preliminary and does not affect your assets. It's important to note that this decision does NOT mean the SEC won; it simply means we're moving to the next phase of the case. The court has not made any decision about specific assets. Coinbase remains business as usual. Your assets remain yours and they remain safe. So yes, it's still safe to hold your assets on Coinbase.
Give us the ability to manage our own coins and hot wallets that have our own keys for each currency and maybe people will actually start using your exchange properly, im sure you know this is the main issue with centralized services such as yours. Do this and the crypto market will flock to it. Until then nobody is going to store coins on your exchange, the general mantra is to just use the exchange for exchanging, not storing anything. So fix this, you are just scratching the surface of the market right now and you know it. It's an obvious service that needs to exist and its honestly kinda ridiculous you havent done anything yet and are still using ancient hosted wallet technology which is only as secure as you are, and people dont want to have to trust you wont shut down trading or transfers or paycheque deposits (which should have double indemnity if a user can prove they were paid from certified providers and it didnt show up in the account right away). Get with the times please, stop pretending to be deaf, its just hindering mass adoption and the gain from the development doesnt make sense to not do first as an industry leader yourself. Don't bother replying, i don't read them.
This subreddit is a public forum. For your security, do not post personal information to a public forum, including your Coinbase account email. If you’re experiencing an issue with your Coinbase account, please [contact us](https://help.coinbase.com/en/contact-us.html) directly. If you have a case number for your support request please respond to this message with that case number. You should only trust [verified Coinbase staff](https://help.coinbase.com/en/coinbase/other-topics/other/is-coinbase-present-on-social-media.html). Please report any individual impersonating Coinbase staff to the moderators. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CoinBase) if you have any questions or concerns.*
There hasn't been a day gone by the last 4 years that the SEC isn't suing Coinbase, an Exchange, or a Crypto. Nothing has change. The SEC is losing most of their Crypto arguments in court. There is no reason for me to pull anything off the Coinbase platform, the Most Trusted Cryptocurrency Exchange.