this video is misleading when saying that holding bitcoin in coinbase (exchange) is more secure than holding it in blockchain.info. Exchanges can get hacked and money stolen (wich happend to every well know exchange so far) while for blockchain.info, if you are afraid to loose your pass for exemple you can always write your memonic phrase for back up or acces your private key and save it.
I definitely didn't mean to imply that coinbase is more secure! I should have mentioned the risk of coinbase getting hacked in addition to the risk of coinbase itself stealing your funds. Will add a note. The only advantage coinbase has is that they can help you recover your account if you lose all of your passwords and backups.
I wish there was just a simple easy website to do this where we can convert usd to coins, and coins to usd back and . forth as simply as paypal
nice but can you suggest me another crypto to start investing? I mean with a little low price but great potential?
this video is misleading when saying that holding bitcoin in coinbase (exchange) is more secure than holding it in blockchain.info. Exchanges can get hacked and money stolen (wich happend to every well know exchange so far) while for blockchain.info, if you are afraid to loose your pass for exemple you can always write your memonic phrase for back up or acces your private key and save it.
I definitely didn't mean to imply that coinbase is more secure! I should have mentioned the risk of coinbase getting hacked in addition to the risk of coinbase itself stealing your funds. Will add a note. The only advantage coinbase has is that they can help you recover your account if you lose all of your passwords and backups.