As Crypto plummets and fear grips the market. Now is probably a good time to consider self custody if you're sitting in an Exchange.

Not sure how exchanges are doing on average but a steep draw down can cause some insane problems especially if those exchanges were sitting on leveraged positions or lent out funds at higher cost basises and not holding user funds 1 to 1.

I'm sure it's just a coincidence but my current exchange withdrawal is sitting at the longest I've ever waited for this specific exchange, and the withdrawal is a small 4 digit number not even anything that big.

Either way you can look into self custody or risk holding funds on an exchange that may or may not survive the bear. I'm pretty sure every bear market so far at least one top exchange has failed. To be sure that you don't end up losing funds to one of them. Please look into self custody.