Post
Topic
Board Beginners & Help
Re: Bitcoin withdrawal suspension saga: why self custody is the best
by
Ronsbit
on 31/08/2025, 15:04:46 UTC
Too many threads and too many suggestions already that don't directly use an exchange address to receive payments from signature campaigns, use a non-custodial wallet then send it to the exchange they want for safety and security purposes, why people cant get it.

I do agree, I can't fathom that someone in a campaign is using a centralized exchange to received their payment?
I call it lazyness and too much trust to a central platform since it didn't happened before

If not for laziness what would it cost them to use their own personal wallet to receive their payment. Being a member of this platform alone should have exposed them to many personal safety measures when it comes to protecting their assets because situations as this can be averted when they receive their payment in their own self custodial wallet rather than it being under the custody of third party exchange.

I have read here in one post before which occured in the past on the ban on mixers and how members funds were all frozen because the wallets they all received their payment from was a wallet directly to a blacklisted wallet  which means the payment wallet which was connected to the blacklisted wallet was linked to their own because they received payment from the wallet directly and for that reasons their account were all frozen and that event alone should have served as an eye opener for others to learn from but here we are seeing such mistake repeating itself again on this platform and this makes me to wonder if people really follow what they talk and learn about here.

What I will advise is that members who are participating in paid campaigns should use their own self custodial wallet to receive payment rather than receiving payment directly to a third-party wallet so that situations as this do not put a set back for them in accessing their funds. "Not your keys, Not your assets" should always be our watch word here as crypto enthusiasts.