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Is it safe to link my Coinbase account to GDAX?

avatarIgor VasconcelosDec 25, 2021 · 3 years ago3 answers

I'm considering linking my Coinbase account to GDAX for trading cryptocurrencies. However, I'm concerned about the safety of doing so. Can anyone provide insights on whether it is safe to link my Coinbase account to GDAX?

Is it safe to link my Coinbase account to GDAX?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Yes, it is generally safe to link your Coinbase account to GDAX. Both platforms are owned by the same company and have implemented strong security measures to protect user funds. However, it's always recommended to enable two-factor authentication and use a strong, unique password for added security.
  • avatarDec 25, 2021 · 3 years ago
    Absolutely! Coinbase and GDAX have a solid reputation in the cryptocurrency industry and have never been hacked. They prioritize the security of their users' funds and employ industry-standard security practices. Just make sure to follow best security practices like enabling two-factor authentication and regularly updating your passwords.
  • avatarDec 25, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can assure you that it is safe to link your Coinbase account to GDAX. Both platforms have robust security measures in place, including cold storage for the majority of user funds. Additionally, GDAX offers advanced trading features and lower fees compared to Coinbase, making it a popular choice among experienced traders.