This is the fifth video of a series explaining how to protect your cryptocurrency.
Why moving your cryptocurrency off an exchange is a good way to protect your Bitcoin and other cryptocurrencies.
I explain how to protect your cryptocurrency.
♦ Link to set up your own cryptocurrency trusts:
♦ Ledger Nano X & S Hardware Wallets:
♦ Coinbase – Receive $10 of FREE BITCOIN when you use this link to sign up for Coinbase and invest $100:
♦ BC Vault Crypto Hardware Wallet Link –
♦ Where to learn more about cryptocurrency from CryptoCasey:
Timeline:
0:00 Introduction by Attorney Matt Powell
0:17 Move your Crypto off any Exchange to avoid theft
0:32 Exchanges are at risk of being hacked
0:48 Exchanges are Centralized which is bad
0:58 BC Vault give you control and possession of your coins
1:23 History of Exchange thefts
1:48 Problems during High Volume Trading
2:07 KYC stands for Know Your Customer
2:25 Setting up your account requires personal identification information
2:30 KYC is to prevent money laundering and funding terrorism
2:47 Blockchain is not anonymous
3:23 Get your cryptocurrency off of an exchange
3:30 Reduce the risk of theft or loss by using a hardware wallet
3:40 Never buy a used or preloaded cryptocurrency wallet
3:50 Please buy your wallet directly from the manufacturer
4:00 Use the safe links below to purchase any wallet