It is just as the title says. I only recently got my cold wallet, a nice ledger NANO. Everything is moved over and is secure, except for one of my first purchases which got me into crypto, my ETH. Now please understand that i went in with the understanding that i could lose everything. this is my ‘play’ money. I am a HOLDer on a ten-year plan (unless i get rich sooner 😉 )
However, i am curious, since this is my first HUGE dip/bear market, what happens to what people staked on Coinbase if it goes under. who technically has ‘ownership’ in this situation?
i see a lot of talk on alts going under but what about exchanges? CRO spent a butt load on advertising.
also as an unrelated question, is there a way to un-stake on coinbase to extract eth? I’m asking for a friend.