I guess I'm confused why you would move it to an exchange before cold storage. It seems like a wasted step. If you send directly from strike to cold storage, you would theoretically see the balance less often. No judgement here, I'm just curious about the extra step.

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Oh oh I see, good question as I didn’t make that part clear. I have my paycheck direct deposit to a traditional bank account and then I have a large reoccurring buy at strike for bill pay, and a smaller one over to river for savings. So both buys take advantage of each exchanges’ free buys on a schedule.

And that’s just to keep the savings separate from bill pay account, any surplus in the bill pay will end up in cold storage too. River also has 1 free transfer off exchange a month, which will waive any mining fees, not that fees have been very high lately. It’s also a form of UTXO management too.