đđ° âNot your keys, not your coinsâ (If they are not your keys, they are not your coins)
Have you ever left your savings in someone else's safe? Thatâs what you do when you store your cryptocurrencies in an exchange or wallet that doesnât give you access to your private keys.
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Private keys are like the master password for your crypto. If you donât have them, you donât control your funds. Itâs like someone else has the key to your safe.
The phrase âNot your keys, not your coinsâ reminds us that true security and control are in your hands. If you trust your cryptos to a third party, like an exchange, they have control. If they suffer a hack or shut down, you could lose everything.
Thatâs why many recommend using hardware wallets. These wallets allow you to securely hold your private keys offline. This way, only you can access your funds.
Remember: in the world of cryptocurrencies, the key is to have control. And that starts with your own keys.
