🚨 Another Reminder: Not Your Keys, Not Your Coins.
Within a short span, we've seen major centralized exchanges like BitMEX, AscendEX, and BitMart announce the end of their exchange operations.
Some cited strategic business decisions, while others pointed to increasing regulatory pressure, rising compliance costs, and financial challenges.
The crypto industry is maturing, but it's also becoming more competitive. Even well-known exchanges are not guaranteed to survive forever.
Takeaways:
• Avoid keeping large amounts on any exchange.
• Use hardware wallets or self-custody whenever possible.
• Diversify your exchange exposure instead of relying on a single platform.
• Withdraw your long-term holdings after trading.
Remember: Not your keys, not your coins.🔐
July 26, 2026 1K 1
