Literally every single day, I see someone on Reddit say something along these lines:
“My Bitcoin is safer on Coinbase/Binance/Gemini… I’ll probably lose my keys anyways.”
In this video, I explain why this is the WRONG approach to securing your Bitcoin. I explain the various reasons why doing so puts you at risk, and make some suggestions as to how to protect yourself instead.
It’s a quick video, but I really hope it makes an impact on all those Bitcoin beginners who are considering storing their Bitcoin on exchange “wallets.”
Here are some of the videos I mention in the description:
🟧 How to choose the best Bitcoin wallet: https://jle.vi/whichwallet
🟧 Shamir Backup Explained https://jle.vi/shamir
🟧 A review of one of my favorite hardware wallets: https://jle.vi/keystonereview
❤️ LOVED THIS VIDEO? ❤️
▶️ Subscribe to the channel
✍️ Write a comment below!
👍🏿 Like this video
🔔 Turn on Notifications
⚡️ Send me a tip on Lightning Network: [email protected] / @jonathanalevi on Strike / LNURL1DP68GURN8GHJ7MRW9E6XJURN9UH8WETVDSKKKMN0WAHZ7MRWW4EXCUP0DFHKUCT5DPSKUCTVV4MXJ88W0J8