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RE: An Australian Trader Had USD$430,000 of Crypto Confiscated by the United States Government On BTC-e: A Timely Reminder to Withdraw Your Funds From Exchanges, or Use the Openledger DEX.

in #cryptocurrency7 years ago (edited)

That is a really good point - noone is going to want to track that many wallets.

In future, someone may build a highbrid wallet that incorporates the vast majority of altcoins. I would get behind that. Until then, it may be safest to use the DEX as your 'wallet'.

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I'll second that! You and me both will be the hybrid wallet's first customers. In fact, if I knew developers with the right skills, I'd consider collaborating on that myself.

DEX? You mean the exchange?

Yeah - the DEX is a decentralised exchange, so arguably the safest exchange to keep a long list of altcoins if wallets are too much hassle.