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Not your key not your coins VS interest on investments

Not your key not your coins VS interest on investments

All Cryptocurrencies

by COINS NEWS 22 Views

Hello guys, I was reading the kukoin Hack story and some comments from everyone.

Iam a believer in not your keys not your coins, I get really anxious when my coins are not in my own custody. From hacks to exchanges simply not letting you withdrawal without any reason and refusing to give an answer there are so many things that could happen badly if your coins are on an exchange.

Buuuut there are now so many ways you can earn interest on your crypto and it’s kinda nuts not to take advantage of it ? From 5% to 10% interest for doing nothing. Or even 100-200% by providing liquidity. Especially the defi hype with liquidity is being used a lot and people need to give their coins away right?

What do you think about not your keys not your coins at this moment? Is this fear reasonable or is it just holding back gains?

submitted by /u/Ceenoh
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