Quote from: Z-tight on Today at 08:40:22 PM

Quote from: Antonil on Today at 04:51:56 PM

This development could really help restore some faith in the crypto space.

Exchanges collapsing, going bankrupt or getting hacked is nothing new in the crypto industry, and anyone who lost fate because sbf ran ftx to the ground and into bankruptcy is probably new to the industry. However, nothing much changes now that ftx is repaying their creditors, it is good for the creditors but it does not mean people should trust centralized exchanges or custodial services with their funds, the only safe place to store your funds is in your self custodial wallet.

No matter what, don't store your coins in third party platforms. As much as possible, keep your coins in your own wallet where you have full control of. Once you finished trading, send it to your own wallet. Otherwise, you are subjecting yourself to possible losses of funds.