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Thodex Turkish Crypto Exchange Abruptly Shuts, Locking Bitcoin Assets Up. Reminder to never keep coins in exchanges.

Thodex Turkish Crypto Exchange Abruptly Shuts, Locking Bitcoin Assets Up. Reminder to never keep coins in exchanges.



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  1. While I agree people should take a strong look at where they are keeping their crypto, I don’t think it’s good advice to newbies to “never” store crypto on an exchange.

    If someone is new and is looking to day trade small amounts, they will get eaten alive by gas fees transferring back and forth from wallet to exchange to make trades.

    It’s good advice to look into the exchange you use and factor in your level of comfort and risk tolerance.

    I personally trust Coinbase, I don’t see them shutting the doors and running off with like 10% of all crypto assets.

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