This is very important.
There are hundreds of million of people who own Bitcoin, but there are only 53 million wallets.
Link to site showing number of wallets: https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html
Given that exchanges and whales each have dozens/hundreds of wallets, it's likely that only 25 million unique people have Bitcoin wallets.
- Not your keys, not your coins
- When holding your coins on exchanges, you assume massive counterparty risk
- Exchanges use the coins to lend/borrow as needed, allowing rehyothecation (which is bad for the price of Bitcoin).
Take 10 minutes to get a free soft wallet (Exodus, Coinomi, etc.) or hard wallet (Trezor, Ledger, etc) and MOVE YOUR BITCOINS OFF EXCHANGES.
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