[–] [deleted] 0 points 2 points (+2|-0) ago 

[Deleted]

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[–] Yorn 0 points 0 points (+0|-0) ago 

This is probably the most relevant comment. Yes, they are "safe", but keep in mind they do full analysis of where you spend your coins. They say they are only recording it for banking requirements. Judge them accordingly.

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[–] Proeliator 0 points 1 points (+1|-0) ago 

What do you mean by safe? I have been using them for awhile and have never had any issues. They have also been invested in by USAA (the bank geared toward the military) and also by the New York Stock Exchange. I think they are safe, and they have a vault wallet where they put your BTC into cold storage. However, I am far from an expert on bitcoin.

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[–] coinslists 0 points 0 points (+0|-0) ago 

Your banking information is as safe with Coinbase as it is with any other third party to which you typically give this information.

If you send bitcoin between two different Coinbase accounts, your name is sometimes revealed.

Coinbase is not the most private way to acquire bitcoins (it's not private all), but your funds should be safe. Use two factor authentication and a strong password. Circle is an alternative for buying bitcoin with a credit card.

Privacy minded individuals should consider BitQuick.co or LocalBitcoins. Basic bitcoin ideology dictates that sharing your personal banking information with third parties kind of defeats the purpose of bitcoin.

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[–] Carcosa 0 points 0 points (+0|-0) ago  (edited ago)

If I really want (mostly) "anonymous" btc I use an ATM and spend over a VPN.
I setup an Ally bank account expressly for Coinbase and transfer fiat into that account from my main one. Yeah they (Ally, Coinbase) have my real ID and info, but I maintain no direct link to my main bank account and where I purchase my btc, which is fine enough for me. I then keep any BTC -> Fiat in Ally (Earn 1% too which is more than any major bank) and a small amount on Coinbase to play with. I don't yet use the multisig vault there as I normally just transfer out to other wallets after purchases. YMMV in general Coinbase has been respectable and so far a good way to get BTC for me. I just refuse to hold much btc in any exchange for very long.

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[–] Kinther 0 points 0 points (+0|-0) ago 

I've bought bitcoin through coinbase before. I transferred most of my btc out right away, then kept finding myself in situations where I didn't have my private keys with me and wanted to transfer some. After a while I kept a little on coinbase.com in their "vault" for easy access. Most of my btc is still held in cold storage, though.