Cold Storage vs Exchange Custody: Security Differences Explained

Where you store your cryptocurrency matters for security. If you’re holding digital assets rather than just trading, you’ll need to choose between cold storage and exchange custody. Mos...

By · · 1 min read
Cold Storage vs Exchange Custody: Security Differences Explained

Source: be1crypto.com

Where you store your cryptocurrency matters for security. If you’re holding digital assets rather than just trading, you’ll need to choose between cold storage and exchange custody. Most cryptocurrency hacks and thefts in history have not targeted cold storage systems—they have exploited exchange vulnerabilities. Understanding why requires grasping what actually happens when you “hold” crypto…