Coney_Croft on Nostr: Yes, self custody or at very least transfer it out to your own wallet and back to the ...
Yes, self custody or at very least transfer it out to your own wallet and back to the exchange at some regular basis to prove they still have it. Would be best to have a quarterly day that everybody on an exchange does that to prove they have it. Other than that, multisig exchanges that can’t spend your Bitcoin unless they have your signing key.
Published at
2023-10-13 13:21:41Event JSON
{
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"pubkey": "69b287b6c5a39a6cad8b97840c874b99f204a6c217aefa6a721f7a7e76401d25",
"created_at": 1697196101,
"kind": 1,
"tags": [
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"content": "Yes, self custody or at very least transfer it out to your own wallet and back to the exchange at some regular basis to prove they still have it. Would be best to have a quarterly day that everybody on an exchange does that to prove they have it. Other than that, multisig exchanges that can’t spend your Bitcoin unless they have your signing key.",
"sig": "fdc5c893b4418d37a1c5c30636783fd58045883e4b3f9b056e4be1710c05b419649d33782cf2851e554119cea86aa737e60e0b98d114b30800adff2ce03cfbae"
}