Should you keep your assets on an exchange or transfer them to your own wallet?
Some stablecoin issuers can freeze certain addresses at the smart contract level, regardless of whether the wallet is self-custodial.
Before transferring a large amount of assets to a self-custodial wallet for the first time, write down your recovery phrase and perform a recovery test.
The $BNB in your Binance account is held in custody by the platform. Once you transfer it to your own wallet, you become responsible for safeguarding the private keys. Current price: 705.53.
What do you think about this? Feel free to share your thoughts in the comments.
#BNB
This is not investment advice. You are responsible for your own risks.
Some stablecoin issuers can freeze certain addresses at the smart contract level, regardless of whether the wallet is self-custodial.
Before transferring a large amount of assets to a self-custodial wallet for the first time, write down your recovery phrase and perform a recovery test.
The $BNB in your Binance account is held in custody by the platform. Once you transfer it to your own wallet, you become responsible for safeguarding the private keys. Current price: 705.53.
What do you think about this? Feel free to share your thoughts in the comments.
#BNB
This is not investment advice. You are responsible for your own risks.
