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Bitcoin Forum > Local > Nigeria (Naija) > What Happens When You Use an Exchange Wallet?
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Lembo69
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January 20, 2026, 09:49:33 PM
 #21
The disadvantages of using an exchange wallet are more than the benefits.
First of all, let's list the benefits. And the advantages.

Easy to use
Fast trading

There are risks and problems, in the past many exchange users have lost their money due to hacking. For example, if you cross an exchange, you can lose money, etc.
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