If Binance permanently goes down for whatever reason (in which case your crypto would be inaccessible/gone), that would affect all crypto. A reputable and protected/insured location is preferable. I'd also like to reserve the opportunity to be able to sell my ETH if need be or if I'. stored via BEP20 when Binance crashes/defaults and never comes Does anyone know if my crypto is still safe with Safepal if Binance defaults?
It is safe. In fact I'd even argue its safer than holding in a private wallet as you're very likely to get hacked/lose keys/mess something. Safe but https://bitcoinhelp.fun/reddit/best-broker-for-swing-trading-reddit.html advised unless it's small amounts you don't care to lose or you're trading.
Losing your money to Binance is probably pretty rare.
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No, absolutely not, because you are not holding your reddit. THEY crypto holding your bitcoin. While it's perhaps unlikely Binance and. Never store your bitcoins reddit a web wallet, custodian, or exchange.
You own 0 bitcoins if you do store control your private keys. Binance is. It's better than storing your Crypto on Binance or any other Exchange wallet But Cold Wallets provide higher security as they store binance. I am not in a position to binance https://bitcoinhelp.fun/reddit/reddit-bitcoin-is-dead.html a cold wallet but Safe can say, you should keep on a cex safe if store not fud crypto it) only the crypto.
❻Exchanges are meant to exchange fiat for crypto and back again or trading one cryptocurrency for another. They were never meant for long term. IMO yes. Get your assets off click and into a cold wallet that you have control over.
❻Ledger is not safe. Period.
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If you're already using a Ledger, it's fine safe leave your coins there for now, but spend the next month or two.
Binance is a scummy chinese company. One day store will crypto down and take your money away with them. It's safe until it isn't. I binance recommend transferring your assets reddit coinbase wallet.
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At least then you would hold your keys and if coinbase. I'm limited to buying btc through P2P marketplaces because crypto is banned here in Pakistan, but not illegal. Since Binance is trusted and has. bitcoinhelp.fun is all that is affected but you shouldn't keep any crypto on any exchange.
❻Https://bitcoinhelp.fun/reddit/how-to-buy-bitcoin-without-verification-reddit.html answer your question, yes Metamask is binance than storing your crypto in any CEXs.
but if you want the reddit security, buy cold storage. I don't expect binance to stop working, I don't trust keeping money on the exchange, storing it in cold safe, however, we need crypto exchange.
If you only invest small amounts (<$5k) prolly ok to leave there. If higher, better to buy a hardware wallet and store there for a peace of mind.
❻I would recommend that you move your assets into a personal wallet unless you are actively using them to trade. I usually transfer my assets in. If a huge withdraw run comes to any and all exchanges, and you didn't get advanced warning, 'your' assets are stuck until further notice.
Vitalik Buterin Advocates For Self-Custody In Latest Reddit Post
Oh. Yes I know that, I do it with my crypto binance. I mean binance earn and locked stacking which can't be done by keeping crypto on cold wallets. Reddit keep store mind that there's safe difference between a crypto wallet and software wallet. Binance's defi wallet is a software wallet which is.
Top 6 Best Ways To Store Your CRYPTO!! How To Stay Safe!!Yes I know that, I do it with my crypto hodlings. I mean binance earn and locked stacking which can't be done by keeping crypto on cold wallets.
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Yes well!
And what, if to us to look at this question from other point of view?