To Custody or Not to Custody…?

Source: www.istockphoto.com

Recently, a friend who is new to crypto asked me if keeping their crypto on an exchange made sense. I counseled them that it depended on their level of comfort. It turns out, however, that our concerns were not the same. My concerns centered around custody and control but their main concern was the potential for a hack given their recollection of prior news coverage of successful hacks. As such, our discussion delved into a concern…