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?
It's SIMPLE:
Trusting BlockFi or Celsius is risk versus reward. You are getting XX% APY in return for your coins being there.
Keeping coins in exchange without staking is laziness and stupidity. Taking the whole risk without any reward.