Does anyone know the date for the "Not Your Keys, Not Your Coins" withdrawel of crypto from all exchanges? I seem to remember this being a thing. Once a year everyone withdrew all their crypto off the exchanges to prove that the exchanges were being honest or if they weren't to rat them out. I have googled and googled and cannot find a thing on this. But I know it WAS a thing at one time. Maybe not so much anymore but I would love to document the historical event. I know it was an annual thing. I'd really like the actual date that was set and used. I'm thinking it might have been Bitcoins birthday, January 3? But I want to be sure I document it properly if I am going to document it.
Nobody knows when the betrayal will be that is why the caption “Not your keys, not your coins” Is very vital and important for everyone in the cryptocurrency space to have in mind especially if they are using centralized exchanges or some closed source wallets.
Leaving your crypto assets on centralized exchanges don’t worth it because almost all the incidence of centralized exchanges bankruptcy don’t come with any sign, they just go with customers money with no refund.
To be completely safe in cryptocurrency space with your funds, make sure you move them out of exchanges to an open source wallets that you will have the private key in your possession so as to access it at anytime you want.