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February 08, 2026, 04:24:30 PM |
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It's not a rule but it's usually true: the easier something is to use and gain access to, the less secure it is. Ease of use and security are on opposite ends. When one increases, the other often decreases.
Nothing would be easier than to register on a popular CEX, reach the highest level of KYC verification they have, buy your bitcoin & crypto there, keep it on the exchange, etc., etc. Ease of use and convenience is at a maximum. However, the exchange controls your bitcoin, not you. And they have your personal information on file. That's data that can leak and end up in the wrong hands. Your security, control and privacy are bad to non-existent.
No thanks. Not for me.
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