it should be incredibly obvious by now that you should not be trusting custodians
learn how to securely hold bitcoin yourself - my full guide is here: werunbtc.com/coldcard
Discussion
TBH, we're at a point in time where custodians should be pushing for self custody.
it will be a lot of lawsuits filed 👀
What advice do you have regarding UTXOs?
Depends when you think you’ll need to spend utxo’s, what you think bitcoin will be able to buy when you do need to spend those utxo’s, and what information you’re comfortable giving your counterparty.
After reading that, i recommend to watch this
Trust them or the SEC
They can change it anytime time they want to, it’s open source. The just need to fork off.
What? Why?
Is WoS custodial?
I'm not sure that self custody is the panacea.
It is possible to have a custodian but not without paying a reasonable fee. Exchanges don't even have custody of their own coin.