If you had a large amount of cryptocurrency would you prefer to keep it on an offline cold wallet or an online cryptocurrency exchange?
Both have pros and cons.
I'm interested to hear the thoughts of others.
Undoubtedly, exchange wallets are much more risky than cold wallets. In particular, the access to the cold wallet can only be taken by the owner of the wallet, no other third party can take access to the cold wallet. So there is no risk in keeping Cryptocurrency in cold wallet. But if you keep cryptocurrency in the exchange wallet, the exchange authority can take access to that wallet apart from the user, so the cryptocurrency remains at risk for the user. So I am currently more interested in using cold wallets than exchange wallets.