Crypto Exchanges Are NOT Your Banks
You may have seen the friendly reminders from time to time. You know, those pesky ones that suggest you keep all or the heavy majority of your Bitcoin, Ethereum, Dash, etc. in separate external cold (offline) wallets?
The wallets you’ve seen vague mentions of that are intimidating and seemingly incomprehensible specialized USB drives with codes longer than an L. Ron Hubbard novel that we’re all supposed to bury deep inside our closets and sock drawers and never, ever lose? This repetitive drone of people whispering in your ear that exchange wallets “can’t be trusted” can be pretty annoying, especially when it’s so convenient to just keep your coins on Binance for easy and quick trading. But these pesky reminders keep coming up on your Twitter accounts and various crypto news feeds for a reason.
