FAQs
A private key is like a password — a string of letters and numbers — that allows you to access and manage your crypto funds.
Is something wrong with Coinbase today? ›
Welcome to the Coinbase status page. We use this page to communicate any issues with our products including planned and unplanned outages. No incidents reported today. No incidents reported.
What happens when you opt into staking crypto assets on Coinbase? ›
Staking is a way to earn rewards (cryptocurrency) while helping strengthen the security of the blockchain network. You can unstake your crypto at any time, and your crypto is always yours. You can stake from your Coinbase primary balance. Business accounts and funds stored in a vault aren't eligible for rewards.
How to get API secret on Coinbase? ›
Sign in to your account and access your Settings by selecting the profile menu in your account and choosing Settings from the drop-down menu. Select the Security tab to view your current API keys and select New API key to generate a new key. This should appear under your existing API Keys automatically.
How do you get the secret phrase on Coinbase? ›
Go to Settings, then click Show Secret Recovery Phrase. Enter your password again if prompted. Copy your secret recovery phrase, and keep it secure.
What does a BTC private key look like? ›
A private key is a secure code that enables the holder to make cryptocurrency transactions and prove ownership of their holdings. Bitcoin keys specifically feature a 256-bit string displayed as a combination of letters and numbers.
Why can't I cash out on Coinbase? ›
Funds on hold
When you use a linked bank account (ACH) to buy crypto or add cash to your account balance, the funds are placed on hold and won't be immediately available to send or cash out. Think of this like depositing a check to your bank account and having to wait for it to clear before you can remove the funds.
Is Coinbase safe right now? ›
Because it is US-based, publicly-traded, and is on the cutting edge of crypto security solutions, Coinbase consistently ranks as the safest crypto exchange in the world. That's why it's trusted by more than 100 million crypto investors.
Why won't Coinbase let me sell? ›
Disabling Buy/Sell Services
Due to violations of our User Agreement, Coinbase may disable access to buy/sell services on your account for reasons including, but not limited to, high risk of fraud.
How often do you get paid for staking crypto? ›
Depending on the protocol, your crypto may be subject to a bonding period before generating rewards. Once bonded, Staking Rewards are earned and paid daily directly into your Staking Rewards Account.
Staking involves a risk of protocol penalties. Although Coinbase will replace assets lost to penalties in some situations, it is possible you could lose some or all of the crypto you have chosen to stake.
What happens to my crypto if Coinbase goes under? ›
If Coinbase filed for bankruptcy, all of the company's assets and the customer assets it holds would first be divided up to cover money owed to creditors. This means that if Coinbase's debt exceeds the value of the company's own assets, money would be taken from the customer pool to cover the difference.
What is a private key on Coinbase Wallet? ›
A private key is an alphanumeric code generated by a cryptocurrency wallet. It is used to authorize transactions and prove ownership of a blockchain asset. A private key is an integral part of cryptocurrency, and its encrypted properties help protect users from thieves and unauthorized access to their funds.
Does Coinbase have a free API? ›
There are several free APIs for Coinbase currently available. Some examples include Coinranking and CoinGecko.
Is Coinbase glitching right now? ›
Current Coinbase status is UP.
What is my private key on Coinbase? ›
A string of letters and numbers that is used to access and spend cryptocurrencies or NFTs stored in a wallet. A Seed Phrase represents your private keys within a wallet. Neither your private keys or seed phrase should ever be shared with anyone otherwise they could gain access to your wallet and steal your funds.
How do I find my crypto private key? ›
Your private key is generated by your wallet and is used to create your public key (your wallet address) using encryption. You can view your private key using your wallet.
What is the API key secret passphrase in Coinbase? ›
Generating an API Key
The key and secret are randomly generated and provided by Coinbase Exchange -- you choose a passphrase to further secure your API access. Coinbase Exchange stores the salted hash of your passphrase for verification and cannot be recovered if you forget it.
