[PSA] 🔑 Not your keys, Not your coins!

Started by wowario, Oct 24, 2021, 09:15 AM

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Hey guys,

A friendly reminder, it is a reeaaallllly bad idea to keep WOW, or any other crypto for that matter, on an exchange. Do your trades and withdraw immediately. If you are taking long positions and keeping trades open, it should only be an amount you would be okay losing if shit hits the fan.

An exchange could exit scam](https://news.bitcoin.com/bitcoin-500k-russian-crypto-exchange-hackers-exit-scam/) at any moment ([Mt. Gox](https://en.wikipedia.org/wiki/Mt._Gox)), the [feds could sanction it](https://www.coindesk.com/policy/2021/09/21/us-sanctions-enforcer-blacklists-a-crypto-exchange-for-first-time/) for not following KYC/AML regulations, or exchanges could be [messing around with liquidity.

Use your own wallet, **write down your 25 word seed** on a piece of paper, and keep it somewhere safe.