Exchange wallet address

As mentioned previously, it is not wise to keep large amounts of cryptocurrency in any hot wallet, especially an exchange account . Instead, it is suggested that you withdraw the majority of funds to your own personal “cold” wallet (explained below). Exchange accounts include Coinbase, Gemini, Binance, and many others.

For example, if you sign up to the Crypto.com App or Crypto.com Exchange, you immediately receive a wallet which you can use to trade, sell, and store your cryptocurrencies .

Trust Wallet Summary Official Websitehttps://trustwallet.com/Type of WalletSoftware WalletCoins Accepted160K+ Assets and BlockchainsNative TokenYesLinked ExchangeNoTrust Wallet Review 2022 : Is It Worth Your Money or Not? – CryptoNewsZ www.cryptonewsz.com › crypto-wallet › trust-wallet-review

While there are other ways to purchase crypto, many people acquire crypto on cryptocurrency exchanges. Upon making a purchase, the cryptocurrency you acquired is automatically stored in your exchange-hosted wallet, which is typically custodial, meaning the exchange has control of your private keys .