For many new crypto investors, the thought of moving funds off an
exchange to a personal wallet is intimidating. What if your wallet app
disappears or stops working? Would your crypto vanish forever?
The answer is reassuring: No, your funds are safe as long as you have
your recovery phrase or private key. Your coins are stored on the
blockchain, not inside the wallet app itself. This article explains why
your wallet’s disappearance isn’t the end of the world, and why owning
your private keys is the ultimate safeguard for your digital assets.
The Relationship Between Wallets and the Blockchain
Here’s a key concept: Your crypto isn’t stored in your wallet. It’s stored.........
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