Hi guys,
As you may recently know, there is alot of concern regarding many exchanges going down due to various reasons. I know it all may be FUD or it may not, but many of you here suggested that you should keep your crypto off the exchange just in case one might fall. I recently read here in a post some interesting details about a few of the well renown crypto exchanges (such as Binance, Kraken, Coinbase etc) Most of you were pinpointing at Kraken being the safest exchange there is, but since "not your keys, not your crypto" im starting to worry abit about the current situation.
I did some reseach on google about what is the best hot wallet available since i m not intending to buy a cold wallet. Many of the available sites are promoting or stating many various hot wallets at being the "best there is". I know alot of those websites can be paid for promotion so i dont read much into them. I've had a friend who used blockchain.com's wallet since 2016 and never had a problem with it, but i also discovered a few more such as Trust wallet, Metamask, Maiar, Exodus.
My question is, which is the best one in your opinion and why? If there are other wallets available that are better of which i did not know yet, please mention them. Let's help ourselves get the best decision regarding where to store our cryptos outside exchanges. I m excluding cold wallets because i find them too complicated and i risk losing the device.
Thank you in advance for your responses!
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