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What are the benefits of taking my crypto off exchanges?

avatarBob CDec 27, 2021 · 3 years ago1 answers

Why should I consider moving my cryptocurrency off exchanges and into my own wallet?

What are the benefits of taking my crypto off exchanges?

1 answers

  • avatarDec 27, 2021 · 3 years ago
    At BYDFi, we highly recommend taking your crypto off exchanges and into your own wallet. By doing so, you can ensure the security and control of your assets. Storing your crypto in a wallet also aligns with the principles of decentralization and self-custody, which are core values of the cryptocurrency community. Remember to always do your own research and choose a reputable wallet that meets your specific needs and security requirements.