In this video, I’m addressing a common misconception: the idea that Coinbase is a scam or a criminal enterprise. 🚫
Many people accuse Coinbase of taking good people’s money, but the truth is much more complex. Coinbase is a publicly traded company that adheres to strict financial regulations and is regularly audited. The reason so many legitimate users get flagged for suspicious activity is because Coinbase has advanced fraud detection measures in place to protect both users and the platform itself. ⚖️
Here’s why these measures are important:
FRAUD PREVENTION: Coinbase has systems to detect and stop criminal activity before it happens.
REGULATORY COMPLIANCE: As a publicly traded company, Coinbase must comply with a host of financial regulations to protect users and prevent violations.
USER PROTECTION: The goal is to ensure a safe environment for everyone, even if some innocent users get caught up in the process.
I also address VPN usage: A lot of people use VPNs while accessing Coinbase, but this is actually a red flag. Since you’re already logged in with your personal information, using a VPN doesn’t enhance your privacy and can cause unnecessary complications with your account.
Let’s clear up the confusion and make sure you’re using Coinbase safely and securely! 🔒
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💡 DISCLAIMER: This video is for educational purposes only and should not be considered financial advice. Always do your own research before investing in cryptocurrencies.
