I´m considering transferring a portion of my USDC to multiple non-custodial wallets such as Nexo, the Crypto.com DEFI wallet, or Coinbase.
While non-custodial wallets generally offer a higher level of security compared to exchanges, I'm curious about the safety implications of staking my USD in Aave / Yearn / Compound lending pools directly from these non-custodial wallets. In the event of a collapse of platforms like Nexo or Crypto.com, would I still have the ability to recover the assets?
Merry Xmas to all of you!
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments