Quote from: NotATether on Today at 10:05:45 PM

Do not leave your coins on exchanges if you don't need to trade. I don't care how many bitcoins are in their multisig. *Your* setup is multiple times more secure than an industrial-grade setup whose website accounts are targetted by thousands of the smartest hackers on the internet.

And then on top of that the exchange itself is working against you. I repeat, do not throw away your hard-earned money this way!

Seriously I am not surprised about Coinbase actually telling people to move their bitcoin to the exchange and saying that wallet isn’t secure enough, I will simply classify this as an advertisement and nothing more because if the exchange is secure why do the exchange has a cold wallet for themselves and if it is secure bitcoin why can’t I simply get myself my own cold wallet instead of allowing a third party to store it in theirs for me. This is all a stunt to make gullible people to leave their coins on the exchange. This exchanges are simply just introducing new techniques to bait people into leaving off their coins with them, Binance has this SAFU narrative they are pushing plus even trying to introduce inheritance scheme on the platform which is all not enough reason not to be your own bank,

For me exchanges Should be treats as market place that they are and not for storing bitcoin, simply buy and sell their and take off your coins there with very little there for bitcoin prep traders. The guy making silly excuses in the image is simply a coinbase reply guy I guess because this exchanges sometimes just freezes accounts without proper verification and this kind of funds are hardly returned

So for me be your own bank