Is Your Crypto Safe on an Exchange? The Post-FTX Truth
Holding crypto on an exchange exposes you to two risks: the exchange itself failing or misusing funds (counterparty risk), and your account being compromised (security risk). The first you control only by choosing well; the second by your own habits. Here is how to handle both.
Holding crypto on an exchange exposes you to two risks: the exchange itself failing or misusing funds (counterparty risk), and your account being compromised (security risk). The first you control only by choosing well; the second by your own habits. Here is how to handle both.