RE: [dtube] Daily: Binance Resumes / MyEtherWallet Breaks UP

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[dtube] Daily: Binance Resumes / MyEtherWallet Breaks UP

in bitcoin •  7 years ago 

Arguments against keeping coins in exchanges like Binance:

You don't own the private keys of your wallets.
Most are unregulated and uninsured.

I keep 0% in exchanges and you should too!!!

bitcoin
7 years ago by

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      ·  7 years ago 

    Absolutely 100%

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        ·  7 years ago 

      I think the Bitgrail situation showed everyone the dangers of leaving Coins in exchanges. Although if there was one exchange I would trust, it would be Binance.

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          ·  7 years ago 

        Trust yourself and self educate yourself so that you don’t need to trust the exchanges to store your money. Be your own bank

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            ·  7 years ago 

          Cold storage is great for people looking to "Hodl" but not for day traders, swing traders etc.

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