Three sentences explaining exchange accounts and self-custody wallets:
Some stablecoin issuers can freeze certain addresses at the smart contract level, regardless of whether the wallet you use is self-custodial.
The old saying “Not your keys, not your coins” means that whether you can access assets held on a platform ultimately depends on the custodian.
Before transferring a large amount to a self-custody wallet for the first time, write down your seed phrase and do a recovery drill.
$BNB 728.29（+1.51%）
Some stablecoin issuers can freeze certain addresses at the smart contract level, regardless of whether the wallet you use is self-custodial.
The old saying “Not your keys, not your coins” means that whether you can access assets held on a platform ultimately depends on the custodian.
Before transferring a large amount to a self-custody wallet for the first time, write down your seed phrase and do a recovery drill.
$BNB 728.29（+1.51%）