Do you leave your crypto on exchanges or do you move it immediately?
Nope, this na one of the don’t and to make it even personal, na something way I no Dey do. The most o Dey use exchanges for na for trading and p2p.
What risks should people in Nigeria consider when deciding?
Exchanges although, we get Decentralized exchanges as well but the most and very popular once are the centralized exchanges which are liable to every form of regulation. Nigerian government Dey like this kind thing, when them fell say, them need collect from these guys, them go just come up with something, like them do Binance and just like that, your KYC documents and just anything way them find value in is up for grabs.
Is there any safety to use for exchanges or wallets?
I believe, your advice will not just help him but others here too who may have the same question.
Exchanges are as safe as the developers make it with very little you can add to it, 2FA and not clicking just any link. This doubles for your wallet too because, if your device is phished, it doesn’t matter how safe anything for that device is, it could be hacked.
When choosing where to save your cryptos or Bitcoins, chose none custodian wallets or even, go for hardware wallets.