Brian Armstrong Warns Coinbase Users to Beware at This Particular Time

Brian Armstrong Warns Coinbase Users to Beware at This Particular Time

Gate Trade News Friday, December 18, 2020 1154 1

The CEO and cofounder of the largest U.S.-based crypto exchange, Coinbase, has written in his article that, as another Bitcoin rally has broken out, high trading volumes and other positive things can be seen in the crypto sphere.

 

However, investors and traders should beware of a high level of risk and volatility in particular, he added.

 

At Coinbase, Armstrong wrote, they take a long-term view of the market, while they sincerely believe that cryptocurrency is "truly a game changing innovation."

 

Along with this, as per Armstrong, the platform does its utmost to ensure the safety of users' funds; however, he said, users themselves have to be careful and feel the ground with both feet despite Bitcoin reaching new all-time highs at dazzling speed.