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Basic Questions about Cryptos / Re: A wallet as a container of money or exchange?
« on: May 13, 2024, 08:37:24 AM »Both place for saving assets between exchange or wallet having potential to be hack but exchange get more security by adding 2FA and exchange reminder when accessing by difference IP. Most of exchange are requiring have to submit KYC when detecting with abnormal activities need reupload with the same document. Personally exchange ist the most secure from hacking but saving assets in wallet has own controlling about our fund. Your key is tour coins when saving assets in wallet but not in exchange wallet.Better to use a wallet than using CEX to store assets. By doing this, the only one who hold our fund is ourselves, not the exchange or anyone.Exchanges can be hacked like previous big incidents, but personal wallets can also be hacked by ransomware embedded in our devices. In fact, nothing is 100% safe for storing our assets, even though we have carried out very high levels of security. As Mr @taufik said, we also need to spread the word to store our assets, so that if there is a wallet that is vulnerable to security, at least our assets don't collapse 100% because of this.
Choosing many different wallets and including exchange wallets too, I don't think is a big problem.