⭐ Merited by Bitcoin_Arena (1)
Everywhere I read tells me it is not a good idea to leave BTC long term at an exchange wallet. However, the same people who say that recommend crypto interest earning accounts such as BlockFi or Celsious. Doesn't make sense to me. So I should not trust Coinbase or Gemini yet I can trust BlockFi or Celsius to keep my crypto safe? What?
When you do talk about safe then this would be particular talks about on your coins to be on your own personal non-custodial wallet and once you have
let or stored those coins on 3rd party providers or services then those coins arent your completely and does remove the word "safety" that you've been
talking. About interest on annual basis then they do over 4-5% as far as i remember which you do seem to be worthy on the risk that you've been putting? I think not.
This is absolutely true!
Not your keys = Not your coins.
This had been a common line that had been said for how many times and asking about trust then its up to someone since its his money then let him do whatever he do wants but at least we do give out our best
advise in related to this.