#CryptoSecurity101 Binance or Coinbase is very convenient but may pose security risks. They hold your private keys, meaning you do not have full control over your assets. Attacks, bankruptcies, or regulatory issues can lead to loss of money. To stay safe, you should only keep a minimal amount of cryptocurrency on exchanges for trading. Transfer the rest to a personal hardware wallet for better control. Enable two-factor authentication (2FA) and use a strong password to protect your account. Regularly monitor for suspicious activities and withdraw funds immediately after trading. Research the exchange's security history before depositing money. While CEXs offer ease of use, prioritize your own security.