Dear newbies, please treat exchanges, such as Binance, KuCoin, Kraken, Huobi, OKX, and Coinbase, as marketplaces. What do I mean? Just as you do not leave your goods on the market after you have paid for them, you take them home with you. Consider your coins as the goods you bought at the marketplace. Your bitcoins should only be stored in cold storage wallets after purchase, and transferred out when you want to sell them. It takes less than 10 minutes. Remember, if you don't have the keys, it's not your coins.
Good example. But in the market there is consumer buyers who buy in one's and go home with the goods. How about larger buyers who buyer in bulk and resell. They buy so large that they cannot take their goods home every evening and return them every morning. They don't have any other options than to build shops inside the market where they save the goods they buy and resell to people.
So, you don't blame them when their is fire outbreak in the market which will eventually burn down their goods