You do not own your bitcoin on a trading platform.

Hello everyone,

Today I will be talking about a true and short statement today.

“You do not own your Bitcoin on a trading platform”.

The reason thereof is simple.
The wallet being used on a trading platform is the wallet of the company itself.
A clone which makes part of its own portfolio.
If a trading platform goes down, so does your stored Crypto.

The general rule of thumb to negate this is simple:

“Spread your assets”.

Have some available on trading platforms for direct trading use.
Have a part available away from any trading platform.

What you don’t plan on using you better lock down somewhere close.
What you plan on using can be made available on a trading platform.

Negotiate your own risks at all times.

I hope you guys learned a few things.
Do not forget to like and subscribe or comment on the video down below.

If you want to learn more about Cryptocurrency and Starting Your Online Business check out my other videos.

Or you can buy my crash-course on Cryptocurrency.

“The Ultimate Guide To Cryptocurrency“.