I’m sure this has been asked before but couldn’t find recent answers. How does everyone feel about keeping coins in Coinbase wallet vs moving to private wallet?

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Coinbase wallet is fine, but the golden phrase is this: not your keys not your coins. Unless your coins are in a cold storage wallet like trezor or ledger, your coins are potentially vulnerable. Will someone hack your coinbase wallet? Will coinbase jack up transaction fees to 99%? Probably not - but it’s possible even with a 0.01% likelihood. Coinbase wallet is one of the better digital wallets though!

With Coinbase Wallet app, you own your private keys. On the exchange wallet (Coinbase.com or Coinbase Pro), Coinbase is the custodian of your private keys. It’s important to note, you could backup your private keys in iCloud with Coinbase Wallet. This poses a risk to getting your coins stolen if your iCloud account is hacked.

Coinbase just added withdrawal fees 🤬

If you don't control the coins then they're not yours

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