Have more than one cryto exchange account for backup

In the crypto world, even a very sophiscated investor can fall into a fraud like ftx. For such situation, it is important to constantly look out for red flag and be ready for exit. That is why always have your backup ready in case you need to exit.

As all of you know due to regulatory compliance, you need to submit your documentation for verification of your identity and that would usually take some time and more during peak periods. Thus If you only have one cryto exchange account by the time you sense a problem and want to exit, it may be too late. Take me for example, I got a whatapps msg from my friend about CZ's tweet selling everything while I am on the subway commuting to work. I immediately do the transfer on the packed train with my mobile with people crowded around me during travelling peak hour. I was lucky that i had just created another crypto exchange account a few weeks ago before this as my friends reminded me about having a ready backup for fund deposit. Lucky for me I took my friend's advice that is why I can still afford my favourite brand of chunky peanut butter thickly spread every day for my breakfast now. And so with the USDC saga going on, it reminded me to pass this advice on so that some of you could be lucky like me to escape just in case.