Solid post, to be honest I only make use of hot wallets I know they are not the most secure but they're easy to use and I find them really convenient. As long as you keep your keys safe of course
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Solid post, to be honest I only make use of hot wallets I know they are not the most secure but they're easy to use and I find them really convenient. As long as you keep your keys safe of course
If you have hot wallets you don't need to worry about your private keys, as they are the ones that have them. What I don't like about exchanges and it's my particular case, is how expensive the fees are, obviously they're not worth anything, but in my country, a dollar is a lot of money.
Thanks for commenting
I agree these crypto exchanges make their money on the transfer fees and it is pretty pricey especially when you consider how much we do on steem with no transaction fees! I think that DEX and pegged coins in a dex system could be a great way to encourage affordable trading and micro transactions!
I use my hot wallets basically to store any crypto I buy or earn through various means! It makes it easier for me to keep track of all my funds in one place
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Unfortunately, I always spend my crypto as soon as I earn it. So, all the time my wallets are empty 😁