🔐 Why is it important to store crypto in your own wallet instead of on an exchange?
When you leave cryptocurrency on a centralized exchange (Binance, Bybit, etc.), technically you do not own your coins — the exchange holds them for you. 🏦
What does this mean?
— The exchange can freeze your account or block withdrawals 🚫
— There is a risk of the exchange itself being hacked, and then you could lose money 🔓
— You are dependent on the rules and decisions of the platform ⚖️
But if you store crypto in a personal wallet (MetaMask, Ledger, Trust Wallet), then only you have the keys and full control! 🔑🔥
💡 Tip: keep only as much on the exchange as you plan to trade, and the rest — in your personal wallet. This is security and freedom!
