Post
Topic
Board Bitcoin Discussion
Re: storing BTC at exchange wallet long term
by
Innerpumper
on 07/02/2021, 15:29:52 UTC
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?Huh


If you try the staking feature in some exchanges, indeed, you will flower from the staking you plant. The problem is, we don't know how strong and long those exchanges last? because we know some exchanges even high-class exchanges have also experienced a breach of funds attack which is certainly very dangerous for us to save it. Unlike personal wallets , especially if we use them in hardware wallets, such as trezor. It must be perfectly safe.