The trade-off is against the risk of the custodian going bankrupt - due to criminal mismanagement, hack, or even phishing scam like certain platforms. (That 1.4 bn could be 14 bn next time.)



Most non-tech people are not fit to use self custody. But risk is not zero in either case.
BN14.52%
NOT8.3%
ZERO3.86%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Share
Comment
0/400
GateUser-44a00d6cvip
· 13h ago
The true suckers in the crypto world are scared.
View OriginalReply0
RektCoastervip
· 08-01 06:25
Ah, cash is king.
View OriginalReply0
MEVHunterWangvip
· 08-01 06:15
I am a professional Clip Coupons expert.
View OriginalReply0
MEVHuntervip
· 08-01 06:09
Newbie should just honestly use CEX, the draining is too severe.
View OriginalReply0
PumpDetectorvip
· 08-01 05:57
ppl never learn from mt gox smh
Reply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)