$BNB
#Green_lamp Exchanges or cold wallet: Where to hide your coins?
Every crypto enthusiast faces this question. Leave it on the exchange for quick trading? Or put it in a cold wallet and sleep peacefully?
❄️ My choice:
I advocate for balance. I only keep what I plan to trade on the exchange. Everything else is in the cold.
⚠️ Why exchanges are risky:
They can be hacked. (Hello, Mt. Gox!)
Your coins – their rules. They can freeze your account, and you can do nothing.
💡 Cold wallets:
It's simple: "Not your keys – not your coins." If you store crypto in a wallet that only you have access to – it’s yours.
🔥 My advice:
1. Keep your main reserves in a cold wallet.
2. Use exchanges for active trading.
3. Make backups of your keys. Lost your keys – lost your money.
By the way, where do you store your coins? Write in the comments