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Message
re: Crypto holders - how do you hold it?
Posted on 12/6/23 at 11:43 am to LordSaintly
Posted on 12/6/23 at 11:43 am to LordSaintly
quote:
By hot wallet I meant a non-custodial wallet connected to the internet. Coinbase is a centralized exchange that provides custodial wallets.
You don't technically own your crypto as long as it's on the exchange. Not your keys, not your crypto.
Thanks - I understand that
Posted on 12/6/23 at 11:45 am to thelawnwranglers
In regards to custodial account if Coinbase became fraudulent like FTX I wonder if you have risk of clawback that happens in ponzi schemes?
Aka I bought and moved to cold wallet but come to find out it wasn't legit.
Aka I bought and moved to cold wallet but come to find out it wasn't legit.
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