Over the two years, crypto investors have been waking up to the fact that you SHOULD NOT leave your Bitcoin or crypto on a centralized exchange.
The collapse of FTX and the discovery that they did not hold ANY Bitcoin even though their clients had over 3 billion in aggregate "stored" on the platform has finally forced people to learn the importance of self-custody and how to safely do it.
Withdrawing your holdings to cold storage is the ONLY way you can:
- ensure you own the crypto
- stay protected from the collapse of any exchange
There will be another wave of investors entering the space over the next two years and we need to keep teaching and informing the importance of buying and storing your holdings in a cold storage solution.
Otherwise, people will continue to buy and trust these exchanges without knowing if they truly own the digital asset their computer screen says.
Take the time and LEARN not only WHY but HOW to take custody of your assets.
Detailed guides to come.