Post
Topic
Board Bitcoin Discussion
Re: Why is it bad to leave crypto on exchanges?
by
SpenserReed
on 21/04/2022, 04:16:20 UTC
I have most of mine on an exchange because I'm getting paid interest. Has there ever been a time when an exchange like Binance for example, steals your funds or gets hacked and people lost money?

If you plan to sell or exchange your coins over the next few years, experience shows that storing coins in a cryptocurrency exchange account is no different from storing them in a wallet. And in many ways it's even more convenient.