SocialManager
Elite Member
- Nov 26, 2018
- 3,155
- 3,678
- Have you ever heard of sim swapping?
- Have you ever heard of exchanges being hacked?
- Have you ever heard of smart contract breaches?
Holding your funds in a hardware wallet is by far the best and safest option... Not your keys, not your coins!
If Binance gets hacked to the point they can't reimburse everyone for a hack, crypto will be dead anyway. Cryptocurrency simply wouldn't be liquid within a matter of hours. You can use Google Authenticator for your 2FA, use a burner phone with no connection to your identity, and take other precautions against sim swapping.