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CRThink your crypto is safe on exchanges? Think again. From sudden ‘maintenance’ to regulatory crackdowns, here’s why exchanges are the riskiest place to store your digital wealth:
✅ Not Your Keys, Not Your Crypto - Exchanges control your private keys
✅ Counterparty Risk - You’re an unsecured creditor if they fail
✅ Selective Service - They can deny access to your funds anytime
Real examples that should scare you:
• FTX collapse - billions locked forever
• Celsius freeze - thousands still waiting
• Binance US suspensions - assets stuck for months
The solution is simple but crucial:
1. Move majority to cold storage
2. Keep only trading funds on exchanges
3. Use decentralized alternatives when possible
Don’t learn this lesson the hard way. Your future self will thank you for acting now.
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