algotrader Post by: SafeWallet I’m thinking to buy hardware wallet Ledger Nano S Plus. Right now all my crypto is inside Binance. Is hardware wallet really needed or exchange is safe enough?
algotrader Reply 1 – by: MaxCrypto If ur holding long term, hardware wallet = safest. Exchange always got risk of hack, govt freeze, KYC issues etc. With Ledger “Not your keys, not your crypto”.
algotrader Reply 2 – by: Adam000 Hardware wallet recommended. But store seed phrase offline… not on email, not in phone notes.
algotrader Reply 3 – by: DarkKnight I keep 80% in Ledger, 20% in exchange for trading. Best of both worlds.