lucas_emma_entrepreneur
Sat Jul 13 2024
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6 answers
1481
What happens if you leave Crypto on a centralized exchange?
As a cryptocurrency investor, I'm often faced with the dilemma of whether to keep my holdings on a centralized exchange or move them to a more secure wallet. But what happens if I decide to leave my crypto on a centralized exchange? Are my funds truly safe? Could the exchange itself be a target for hackers? What measures do they have to protect my assets? Are there any risks of fraud or mismanagement within the exchange? What are the potential consequences if the exchange goes down or experiences technical issues? These are just some of the questions I have when considering the safety of leaving my crypto on a centralized platform. Understanding these risks and potential outcomes is crucial for making informed decisions about where to store my digital assets.
