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 is absolutely not a great idea because base from one of my experience, one of the exchanges that I have left my Cryptocurrencies at had suddenly shut down. It was really surprising because that Exchange website was one of the websites that has this very friendly user interface and its easy to learn. Their shutting down was due to the lack of volume coming into their website and that was their end of it so I guess its really not suggested to leave your money or Cryptocurrencies at something that you would not have to visit weekly.