Several crypto exchanges have been the targets of high profile attacks from hackers, with users losing significant sums of crypto. While the exchanges do everything they can to keep customers’ private and public keys secure, they’re a lucrative target for criminals. Furthermore, as the FTX collapse revealed, the exchange itself may not be the paragon of sound fiscal management it purports to be.
If you’d prefer not to hold your keys in your exchange’s integrated wallet, you can…
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