What are the security features of Coinbase?

Coinbase implements a variety of security features to help protect user accounts and assets. One of the primary measures includes two-factor authentication, which requires users to verify their identity through a second method, such as a mobile device, when logging in or conducting sensitive transactions. This significantly reduces the risk of unauthorized access. Another key feature is the use of biometric logins. Users can leverage facial recognition or fingerprint scanning to gain access to their accounts on mobile devices, adding an additional layer of protection. Coinbase also actively monitors accounts for any suspicious activity, alerting users when unusual transactions are detected. This proactive approach allows for quick action if any potentially fraudulent actions arise. In terms of asset security, Coinbase stores the majority of user funds in offline cold storage. This means that most of the digital assets are kept in environments that are not connected to the internet, thereby minimizing the potential for cyberattacks. For funds that are stored online, Coinbase maintains a policy of securing them with insurance to cover any losses that may occur due to breaches or theft. Furthermore, Coinbase provides users with the option to keep their digital assets in a private wallet, which gives them greater control over their funds and enhances security. Users are encouraged to make use of strong, unique passwords and to regularly change them for added precaution. For the latest information on Coinbase's security measures and to explore any updates, users should visit the official Coinbase website.