Are USD deposits on Coinbase protected by FDIC insurance?

7 answers

• ErkanJul 31, 2022 · 4 years ago
  Yes, your USD deposits on Coinbase are protected by FDIC insurance. Coinbase holds all customer USD funds in segregated custodial accounts at regulated banks. These funds are insured by the Federal Deposit Insurance Corporation (FDIC) up to $250,000 per depositor. So you can have peace of mind knowing that your money is safe and protected.
  341

  171
• Gokhan MavanaciSep 09, 2022 · 4 years ago
  Absolutely! Coinbase is a reputable cryptocurrency exchange that takes the security of its customers' funds very seriously. They comply with all relevant regulations and have implemented robust security measures to protect your deposits. Your USD funds are held in separate custodial accounts at trusted banks, and they are insured by the FDIC. So you can trust that your money is safe with Coinbase.
  400

  134
• Dylan LiNov 21, 2021 · 5 years ago
  Yes, your USD deposits on Coinbase are protected by FDIC insurance. As an employee of BYDFi, a digital currency exchange, I can confirm that Coinbase has partnered with regulated banks to hold customer funds. These funds are insured by the FDIC, providing an extra layer of protection for your deposits. So you can rest assured that your money is safe on Coinbase.
  364

  91
• SIMI AFeb 01, 2026 · 4 months ago
  Definitely! Coinbase is one of the most trusted cryptocurrency exchanges in the industry. They prioritize the security and safety of their users' funds. Your USD deposits on Coinbase are held in segregated custodial accounts at reputable banks, which are insured by the FDIC. So even in the unlikely event of a bank failure, your deposits are protected up to $250,000 per depositor.
  382

  77
• GerhardJun 09, 2021 · 5 years ago
  Yes, Coinbase takes the security of your USD deposits very seriously. They have implemented industry-leading security measures to protect your funds. Your USD deposits are held in custodial accounts at regulated banks, and these accounts are insured by the FDIC. So you can have confidence that your money is safe and protected on Coinbase.
  340

  57
• Natty LAug 01, 2023 · 3 years ago
  Of course! Coinbase is a trusted and regulated cryptocurrency exchange. They prioritize the safety of their users' funds and comply with all relevant regulations. Your USD deposits on Coinbase are held in segregated custodial accounts at reputable banks, which are insured by the FDIC. So you can trust that your money is protected.
  332

  48
• Salsabila RamadaniMar 12, 2022 · 4 years ago
  Yes, Coinbase ensures the safety of your USD deposits by holding them in segregated custodial accounts at regulated banks. These accounts are insured by the FDIC, providing protection for up to $250,000 per depositor. So you can have peace of mind knowing that your funds are secure on Coinbase.
  295

  37