Money Talk

Why you shouldn't keep crypto on exchanges

Submitted by Bassdrop, , Thread ID: 119913

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RE: Why you shouldn't keep crypto on exchanges

#9
Yeah only keep your crypto on exchanges if you actively trade it there, and only the portion of it that you actively trade. Everything else should be in a secure wallet that you control.

The Quadriga case is very interesting and there are a ton of rumours that the death is fake or at least the story about the lost keys is fake. Even the CEO of the Kraken Exchange is very sceptical of the story and others are saying the cold storage wallets are active and moving coins.

I didn't have an account there but I'm very curious how this story develops.

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