Which is the LEAST safe place to store Bitcoins?
A. In a hot wallet
B. In a bank deposit box
C. On an exchange
D. In a cold wallet
Answer:C
Which is the LEAST safe place to store Bitcoins?
A. In a hot wallet B. In a bank deposit box C. On an exchange D. In a cold wallet
Explanation: An exchange is a third party and therefore storing cryptocurrency on an exchange is no different from storing cash in a bank. The exchange can decide to change the amount or wipe it all together. Also, it is not anonymous since they have all your personal details.