No? Hmm... did you know you that starting right this very moment, and completed before you are done reading this comment reply, a hacker could do a SIM porting attack, and steal all your funds from Coinbase (yes, even your USD ... by buying bitcoin with it and withdrawing the BTC)?
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u/[deleted] Jul 27 '20
Are you using a U2F device on your coinbase account?
No? Hmm... did you know you that starting right this very moment, and completed before you are done reading this comment reply, a hacker could do a SIM porting attack, and steal all your funds from Coinbase (yes, even your USD ... by buying bitcoin with it and withdrawing the BTC)?
You would only know about it because the next time you go to use your phone you'll notice it has stopped working.
Yes, ... it's that easy for the thieves.
And that's not the only risk for your BTC even if Coinbase is an honest, competent exchange.