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    singyou .

    9 months, 1 week ago

    What is your opinion on long term holding of assets in a excange like Binance?
    I think Binance is a pretty safe excange but as somone that likes to keep his eggs in more baskets i recomand using a wallet that is safe and transparent or even cold storage.
    Let’s remeber the FTX collapse from a few years ago who stormed the waters.
    “start a fire and come with water bukets” back when FTX was the #2 crypto excange and binance #1.
    I don’t sing any praise to FTX or Binance or any crypto excange but Binance didn’t do the best example for a competitor.

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    • I think it’s unrealistic to believe new people will hold crypto in their own wallets. I think exchanges like coinbase are relatively safe.
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