4 ms·
This reply completely ignores everything GP said. You didn't address either of the (seemingly very valid) points they made.
by Petersipoi 4y ago
This reply completely ignores everything GP said. You didn't address either of the (seemingly very valid) points they made.
- mattbrewsbytes 4y agoGenerally safer with an exchange I would disagree with, you’re at the whim of whatever is in the TOS for that exchange, it’s not a bank or securities broker. If you’re relatively good with keeping secrets/passwords then setting up your own wallet should be easy. It seems like exchanges kind of are counterintuitive for a decentralized financial product (for holding your crypto). One could argue that exchanges that fail when people are selling off a lot of volume might not have a good business model. My naive brain thinks an exchange will make money on transactions so it shouldn’t matter if the exchange from crypto_bucks to USD is different. If volume falls drastically then maybe your operating costs are too high?