On this video, I’m addressing a typical false impression: the concept that Coinbase is a rip-off or a prison enterprise. 🚫
Many individuals accuse Coinbase of taking good folks’s cash, however the reality is rather more advanced. Coinbase is a publicly traded firm that adheres to strict monetary laws and is frequently audited. The explanation so many authentic customers get flagged for suspicious exercise is as a result of Coinbase has superior fraud detection measures in place to guard each customers and the platform itself. ⚖️
Right here’s why these measures are essential:
FRAUD PREVENTION: Coinbase has programs to detect and cease prison exercise earlier than it occurs.
REGULATORY COMPLIANCE: As a publicly traded firm, Coinbase should adjust to a number of economic laws to guard customers and stop violations.
USER PROTECTION: The objective is to make sure a protected setting for everybody, even when some harmless customers get caught up within the course of.
I additionally handle VPN utilization: Lots of people use VPNs whereas accessing Coinbase, however that is really a purple flag. Because you’re already logged in along with your private data, utilizing a VPN doesn’t improve your privateness and may trigger pointless problems along with your account.
Let’s clear up the confusion and be sure to’re utilizing Coinbase safely and securely! 🔒
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💡 DISCLAIMER: This video is for academic functions solely and shouldn’t be thought-about monetary recommendation. All the time do your personal analysis earlier than investing in cryptocurrencies.
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