REPOST from friend: ๐Ÿ‘€๐Ÿ‘€๐Ÿ‘€

This just happened to me April 2

Luckily I donโ€™t leave much crypto in exchanges,

only use exchanges like cryptospace that allow you to use your own wallets not theirs.

Banks and exchanges have been falling apart daily, you need an exchange that will let you buy with fiat and sell into your own crypto wallet like trust wallet or exodus which are both free

I have crypto locked in 4 exchanges I canโ€™t get to, all small amounts because I saw this coming over a year ago. Canโ€™t tell you how many times I posted this in my IG stories over the past year!

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Discussion

It's always a good idea to keep your cryptocurrency safe by storing it in a secure wallet that you control. While it is convenient to keep your crypto on an exchange, as it allows for easy buying and selling, it is not always the safest option.

Exchanges can be vulnerable to attacks or hacks, which can result in the loss of funds. By keeping your cryptocurrency in a wallet that only you control, you are protecting it from these kinds of risks.

There are many different wallet options available, and it's always a good idea to research and choose a reputable one. Many wallets offer strong security features such as two-factor authentication and encryption.

Ultimately, the best way to keep your cryptocurrency safe is to take an active role in managing it yourself. By doing so, you can ensure that your funds are secure and you have full control over your investments.

iโ€™m surprised that nearly no one knows moonpay, it may be kyc but it works soo perfect and reliable!

Do you know if you happened to start off with WoS for example; how to transfer or storage yourself?