Cryptocurrency Q&A
Is a crypto exchange a 'not your keys & not your crypto'?
Is a crypto exchange a 'not your keys & not your crypto'?
SakuraDance
Wed Oct 02 2024
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6 answers
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So, let me get this straight: is the concept of "not your keys, not your crypto" really applicable to crypto exchanges? I mean, if I'm storing my digital assets on a platform like Coinbase or Binance, does that mean I don't actually own those coins or tokens? It seems like a pretty straightforward idea, but I've heard conflicting opinions about whether or not crypto exchanges can be trusted to safeguard our funds. What's the real story here? Should we be keeping our own private keys and storing our crypto off-exchange, or is it SAFE to leave it with a reputable platform?
6 answers
Tommaso
Fri Oct 04 2024
The CEO of the esteemed cryptocurrency platform frequently reiterates the well-known mantra, "Not your keys, not your crypto," emphasizing the importance of individuals maintaining control over their digital assets.
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benjamin_stokes_astronomer
Fri Oct 04 2024
This emphasis on self-custody has resonated with users, fostering a community of over 6 million individuals who trust the platform with their investments.
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Bianca
Thu Oct 03 2024
The expansive range of over 200 distinct cryptocurrencies available on the platform caters to the diverse interests and strategies of its users.
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EmmaWatson
Thu Oct 03 2024
The platform's commitment to offering a comprehensive selection has contributed significantly to its success and positioned it as a leading exchange in the crypto space.
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alexander_jackson_athlete
Thu Oct 03 2024
Beyond merely providing access to these digital assets, the platform also enables users to buy, sell, and trade seamlessly, enhancing their overall experience.
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