It would be better to keep your coins on an exchange as long as you’re still new to crypto

Cryptocurrency News and Public Mining Pools

It would be better to keep your coins on an exchange as long as you’re still new to crypto

I honestly wanna know how many people have lost coins because of failed or manipulated transactions after they've seen all those "not your keys, not your coins" posts in this sub. There is a post about lost ETH on the fp… again.

People are safer to leave their coins on big exchanges than trying to transfer them on a hardwallet without even knowing what a seed is.

Of course, crypto is about leaving out centralized organizations but let's be honest, we're not ready for being mainstream yet when people are losing their savings because they didn't study crypto tech for weeks before using it.

Btw: why doesn't a trezor device tell you to make a small test transaction first? They are selling a safety device and I think it should be everyday-joe-proof.

Also: there should be a post pinned on top with standard security advice.

submitted by /u/ismirschlecht
[link] [comments]