Post
Topic
Board Bitcoin Discussion
Re: 😉; It's The Weekend,Banks Are Closed, Bitcoin Is Up 24/7hrs
by
Fundamentals Of
on 17/04/2023, 01:37:34 UTC
This is always reminded to me through social media posts, that the banks are closed because it's weekend but Bitcoin is open 24/7. But I would also like to remind those who are reminding me and the community. Where are your coins stored? If it is stored in a centralized exchange or any custodial services, then you are actually in no better position. Your custodial wallet or centralized exchange account could actually close for maintenance or whatever reason anytime during the day. And it could also suspend withdrawals, trading, and other activities indefinitely.