$BTC | A stablecoin freeze on a hacked exchange's wallet is trending this week. On the desk we told clients a USDT balance is not bearer cash, the issuer can freeze it. That is the custody question spot traders skip. My read: the freeze itself is not the risk, it is what it exposes, spot ownership carries counterparty risk a CFD does not. SatoshiMacro's how-to-trade-crypto guide splits Australia's two routes: AUSTRAC-registered spot exchanges, where you hold the coin and the freeze risk, versus ASIC-regulated crypto CFDs capped at 2:1 leverage (lowest of any asset class, versus 30:1 on majors), where you never touch a wallet. Neither is risk-free. Most retail CFD accounts still lose money.
https://satoshimacro.com/guides/forex/how-to-trade-crypto/?utm_source=binance_square&utm_medium=social&utm_campaign=autopilot_trend
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