Questions tagged [money safety]

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CharmedWhisper CharmedWhisper Wed May 22 2024 | 7 answers 1627

Is it safe to have money on Robinhood?

Could you please elaborate on the safety aspect of keeping funds on Robinhood? I've been hearing some mixed reviews, and I'm a bit concerned about the security measures taken by the platform. How does Robinhood protect its users' money from potential hacks or fraudulent activities? Also, are there any specific instances in the past where users have lost money due to security breaches on Robinhood? I'd appreciate it if you could provide some clarity on this matter.

Is it safe to have money on Robinhood?
Martino Martino Tue May 21 2024 | 6 answers 1540

Is my money safer in Coinbase or Coinbase Wallet?

Could you please help me understand which option is safer for storing my funds, Coinbase or the Coinbase Wallet? I've heard both have their own security features, but I'm not quite sure which one offers better protection for my money. Coinbase seems like a more centralized platform, while the Coinbase Wallet appears to be more decentralized. Does this mean one is inherently safer than the other? Or are there other factors I should consider? I'm trying to make an informed decision, so your expert advice would be greatly appreciated.

Is my money safer in Coinbase or Coinbase Wallet?
Elena Elena Sat Mar 30 2024 | 5 answers 1072

How safe is your money in crypto com?

I've been hearing a lot about cryptocurrencies lately, and I'm curious about the safety of my funds if I invest in Crypto.com. I've read about hackers stealing millions of dollars worth of crypto, and it's made me hesitate to jump in. Can you explain to me how Crypto.com ensures the safety of its users' funds? What kind of security measures does it take to prevent hackers from stealing people's money? And if something were to happen, how would Crypto.com compensate its users for any lost funds? I'd really appreciate your insight into this matter.

How safe is your money in crypto com?

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