Exchanges Are Not Wallets
An exchange account is convenient for trading, but it is not a self-custody wallet where you fully control the private keys.
Self custody basics
Узнайте, почему биржа не является кошельком, как работает key control, backup seed phrase и малый тестовый вывод.
An exchange account is convenient for trading, but it is not a self-custody wallet where you fully control the private keys.
Whoever controls the private keys controls the BTC. Self-custody means rights and responsibilities return to you.
Do not screenshot, do not store in the cloud, do not send via chat apps, and never give it to any customer support.
Cold wallets reduce the risk of private key exposure to online devices, but still require proper initialization and backup.
Before transferring large amounts, do a small test to verify the address, network, fees, and confirmation process.
Backups must be waterproof, fireproof, and loss-resistant. Avoid single-location or single-person risks.
Caution: do not make large transfers before understanding addresses, networks, fees and recovery. Test small amounts first and verify backups.