Where to store crypto?
Where should I store crypto?
🔹You can store it on the exchange where you bought it, but this isn't a safe option. Especially given the recent events of the FTX exchange collapse. People who held funds on that exchange lost all of their money.
🔹For the long term, it's better to store crypto in a wallet.
For example:
Ledger - a physical flash drive wallet or e-wallets like MetaMak or SafePal. They, unlike exchanges, can't freeze your funds.
🔹There are even platforms that pay for storing cryptocurrency. It's like a bank deposit and is called staking.
Where do you store your crypto?
❗️Even more useful information in my Telegram channel
https://t.me/ne_investor