🛑🛑🛑 Urgent update breaking news
1️⃣ It is preferable not to store digital currencies on trading platforms for long periods for several reasons:
📍1. Risk of hacking and theft: Platforms are vulnerable to hacks, putting users' assets at risk.
📍2. Limited Asset Control: The user does not have full control over his assets.
📍3. Regulatory and legal risks: Platforms may face legal problems that may lead to assets being frozen.
📍4. Technical malfunctions and interruptions: The platforms may encounter technical problems that lead to service interruptions.
📍5. Limited user protection: The insurances provided may be limited and insufficient.
📍Safe alternatives include using personal cold and hot wallets, and distributing assets between them to reduce risks and ensure security.