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Erensaton
@erensaton
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Storing your funds on centralized exchanges poses significant risks. While these platforms offer convenience, they also create single points of failure. History has shown that even the most reputable exchanges can fall victim to hacks, fraud, or sudden shutdowns, leaving users without access to their assets. Remember the collapse of Mt. Gox, the issues with QuadrigaCX, the hack of Bitfinex, or the bankruptcy of Cryptopia. To protect your investments, consider using decentralized wallets where you control your private keys. In the world of crypto, the saying holds true: "Not your keys, not your coins." 5 replies
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