Create Your Crypto Wallet Binance
Keeping cryptocurrencies on an exchange poses a real risk of losing them all because you technically don't have the cryptocurrencies you buy through an exchange and keep on the exchange.
Create your Own Crypto Wallet : www.binance.com
How to Create a Bitcoin Wallet How to Open a Bitcoin Account
Keeping cryptocurrencies on an exchange poses a real risk for you to lose them all because you technically do not own the cryptocurrencies you buy through an exchange and keep on the exchange. Stock exchanges work like banks; It is a third-party service provider that you trust to keep your cryptocurrencies safe. However, there is always the possibility that exchanges may be shut down or hacked, either way you could lose money.