Arguments against keeping coins in exchanges like Binance:
You don't own the private keys of your wallets.
Most are unregulated and uninsured.
I keep 0% in exchanges and you should too!!!
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Arguments against keeping coins in exchanges like Binance:
You don't own the private keys of your wallets.
Most are unregulated and uninsured.
I keep 0% in exchanges and you should too!!!
Absolutely 100%
I think the Bitgrail situation showed everyone the dangers of leaving Coins in exchanges. Although if there was one exchange I would trust, it would be Binance.
Trust yourself and self educate yourself so that you don’t need to trust the exchanges to store your money. Be your own bank
Cold storage is great for people looking to "Hodl" but not for day traders, swing traders etc.