Crypto Matt warns move your Cryptocurrency off Exchanges

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: https://mattlaw.com/trust-form/

♦ Ledger Nano X & S Hardware Wallets:https://shop.ledger.com/?r=1a34c813e6a4

♦ Coinbase - Receive $10 of FREE BITCOIN when you use this link to sign up for Coinbase and invest $100: https://www.coinbase.com/join/powell_gqw

♦ BC Vault Crypto Hardware Wallet Link - https://bc-vault.com/shop/bc-vault/?w...

♦ Where to learn more about cryptocurrency from CryptoCasey: https://www.youtube.com/channel/UCi7R...

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