hi how are you all I hope everyone is very well, today I will talk about what is the safest for us. Today we will know that in which Wallet or Exchange we should hold Crypto, So let's begin, If you look at the big holders, you can see that they always keep their Crypto Hold in their Personal Wallet, when they want to buy a Crypto, they buy it from the Exchange and immediately withdraw it from their Wallet. Many big investors will see that after having partnership with big exchanges, they keep their personal wallet instead of holding their crypto exchange.

Image collect Pixabay

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As Wallet is essentially Decentralization, there is no one's hand here, so users don't have the fear of their Fund being stolen or bankrupt.
But on the other hand, if you look at Exchange, it is completely different from Wallet, because Exchange is basically centralized.
This means that Exchange is controlled by someone.
In this, we often hear these news that Exchanges are scamming and going bankrupt or sometimes Exchanges are hacked and user funds are at risk. For example, FTX collapsed in 2022. At that time, FTX was the number 3 exchange in the world.
And MT Gox Collapsed in 2014 causing huge losses to users,

Image collect Pixabay

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But on the other hand, no one can control the wallet, it can be used without any risk.
Only if the phone or PC has wallet login on that phone or PC is not used for unique purposes.

I hope everyone understands, I'm ending today here everyone, stay well, stay healthy, Allah-Hafez