What’s the difference between keeping your crypto on an exchange and storing it in a self-custody wallet? Many people can’t answer!
Binance regularly publishes Proof of Reserves, allowing users to verify through a Merkle tree whether their balances have been included.
Exchange accounts are convenient: if you forget your password, you can reset it through a verification process. But the security of your assets also depends on the platform itself.
It’s safer to keep most of your assets in a wallet you control and only keep a small amount for everyday use.
$BNB 730.51（+1.22%）
Binance regularly publishes Proof of Reserves, allowing users to verify through a Merkle tree whether their balances have been included.
Exchange accounts are convenient: if you forget your password, you can reset it through a verification process. But the security of your assets also depends on the platform itself.
It’s safer to keep most of your assets in a wallet you control and only keep a small amount for everyday use.
$BNB 730.51（+1.22%）