Post
Topic
Board Bitcoin Discussion
Re: Not your keys, not your Crypto – Kucoin Hacked! $150m Stolen.
by
bitsurfer2014
on 26/09/2020, 23:18:38 UTC
Not too long ago, there was a member here saying that it's better to store funds on exchanges rather than cold wallets because they pay interest Grin Well, whatever interest they are offering, it's not an answer to the security risk these exchanges like Kucoin faces everyday. Think also of the opportunity costs from the days operation is suspended.

Lol, I guess no one in their right mind would trade the safety of his assets for a little incentive such as staking with interest in an exchange since they could also find alternatives to passive earning like staking via their own wallet which looks like more secure and more comfortable. Imho.