Is it safe to save money on cryptocurrency exchange? How do you consider saving your personal money on crypto exchange? I need your advice please.
Is it safe to save money on cryptocurrency exchange?
How do you consider saving your personal money on crypto exchange?
I need your advice please.
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As crypto fans, we can store cryptocurrency on crypto exchanges or in personal wallets, both hot wallets and cold wallets. There's nothing wrong with storing crypto on a crypto exchange, which means you trust a particular crypto exchange to manage and safeguard your crypto. But it would be better ifRead more
As crypto fans, we can store cryptocurrency on crypto exchanges or in personal wallets, both hot wallets and cold wallets. There’s nothing wrong with storing crypto on a crypto exchange, which means you trust a particular crypto exchange to manage and safeguard your crypto. But it would be better if you don’t store large amounts of crypto or more than $1k which you will use for trading transactions, not long-term investments, because it is prone to potential hacking and phishing. Until now, only a few large crypto exchanges have insurance to protect their assets and do not guarantee that your crypto will be safe.
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