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SVTPerformance's Chain of Restaurants
Road Side Pub
BITCOIN
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<blockquote data-quote="98SVTContour98" data-source="post: 16579761" data-attributes="member: 127124"><p>With Webull, you don't actually OWN the crypto that is in your account...You can't transfer the coins to your own self-custody wallet, so it's not at risk for theft (that I know off).</p><p></p><p>Kraken might have some sort of FDIC insurance type policy in place, but you'd have to check their terms, i don't use them.</p><p></p><p>There is a saying in crypto...Not your Keys, Not your Coins. If you don't actually HOLD the keys yourself, then you are at risk.</p></blockquote><p></p>
[QUOTE="98SVTContour98, post: 16579761, member: 127124"] With Webull, you don't actually OWN the crypto that is in your account...You can't transfer the coins to your own self-custody wallet, so it's not at risk for theft (that I know off). Kraken might have some sort of FDIC insurance type policy in place, but you'd have to check their terms, i don't use them. There is a saying in crypto...Not your Keys, Not your Coins. If you don't actually HOLD the keys yourself, then you are at risk. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
BITCOIN
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