COINBASE · 2026-11-04 14:00 UTC

How Coinbase protects customer assets

Coinbase states it was not impacted by Binance's reported hot wallet incident and keeps over 99% of customer assets in cold storage. The company uses distributed key protection, rate limits, anomaly detection, and kill switches to secure asset transfers and prevent unauthorized movements. Coinbase emphasizes that customer assets are held 1:1, remain customer property, and are not lent or used without customer instruction.

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