What is Coinbase’s fund retention?

What is Coinbase\’s fund retention? According to Cointelegraph, many trading pla

What is Coinbases fund retention?

What is Coinbase’s fund retention? According to Cointelegraph, many trading platforms closed down in June 2018 due to the sharp decline in Bitcoin’s price, suspension of withdrawals by exchanges, and issues with the development of cryptocurrency-related businesses. However, after February 2019, Coinbase decided not to support customer withdrawals to their platform accounts and instead retained funds (CoinbaseMint) as users’ margin. However, according to official statements, these funds are not obligated to provide services or protect users’ assets.

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