๐ Lesson from the Binance hack
Exchanges keep "hot wallets" online so withdrawals are instant. That convenience also makes them a target.
My simple rule:
๐น Trading money โ exchange
๐น Long-term holdings โ your own wallet, with the seed phrase written down offline
๐น Seed phrase โ never typed into any website, ever
Not your keys, not your coins.
$BTC $BNB
Exchanges keep "hot wallets" online so withdrawals are instant. That convenience also makes them a target.
My simple rule:
๐น Trading money โ exchange
๐น Long-term holdings โ your own wallet, with the seed phrase written down offline
๐น Seed phrase โ never typed into any website, ever
Not your keys, not your coins.
$BTC $BNB