What we know about SEC's lawsuit against Coinbase. The end of the crypto market? 😯
ㅤ
No sooner had we recovered from the Binance scandal than the SEC attacked Coinbase, stating that the exchange acts as an unregistered broker and allows clients to trade securities.

🔵It turns out that any cryptocurrency exchange can be sued now. For example, the SEC is accusing Coinbase of selling securities through its stacking system, with ETH labeled as one of those securities.

🔵What inflames the situation is that Coinbase is particularly vulnerable to SEC lawsuits, as the exchange earned nearly 80% of its revenue in the U.S. last year. If Coinbase loses a lawsuit, their business model will come to an end.

🔵Coinbase stock plummeted after the news of the SEC lawsuit and that the outflow from crypto exchanges was ~$4 billion.

Only DEX seems to have benefited from this whole situation, but their regulation is also a matter of time...

🔵Coinbase CEO is proud that it is his company that will defend all crypto industry in court: "SEC checked our business and let us become public company in 2021. What is there to talk about when the SEC and the CFTC couldn't agree on what is a security and what is a commodity. Instead of rolling out a clear set of rules, the SEC decided to force regulation on the industry-it hurts everyone. You want a trial? There will be a trial"... but that didn't stop him from selling $1.8 million worth of Coinbase stock - right before a lawsuit from the SEC

🔵Charles Hoskinson writes that the SEC's attacks on exchanges mean one thing - the government wants to create a CBDC and have total control over every aspect of the residents' financial lives: "Some group of people decided that anonymity, full ownership of their wallet and the freedom to control their money should be taken away from the masses. This event is a great opportunity for the entire crypto-industry to come together to create rules that can prevent the US from slipping into an anti-utopia that would make '1984' look like a vacation."

And his opinion has merit, as Gary Gensler of the SEC himself has publicly commented on the lawsuits this way: "We don't need more digital currencies. We already have digital currencies. They're called the dollar, the euro, the yen. They're all digital now." A very wise response was issued by CZ: "If you have to fight with everyone, it's probably your own fault.

❔ What do you think, can we see Bitcoin at $20,000 against the backdrop of such news?

👍 - No
👎 - Yes

#news

CRYPTO TREYSI | Subscribe

Prospects for the crypto market 🆙
ㅤ
I previously did a post about the Chinese narrative in crypto. But I decided to make another short post to make you understand that the prospects of the crypto market are very big.

If you don't dive into it in more detail today, you may regret it in the future.

🔴Hong Kong lawmaker said that the shortage of talent understanding Web3 in Hong Kong is about 50,000 to 100,000 people.

🔴He hopes to set up 1,000 companies in the Web3 direction in Hong Kong in the next 3 years to develop this direction better and attract talented people.

🧐 #news

CRYPTO TREYSI | Subscribe

Risks to DeFi and how to limit them 🥅
ㅤ
This post may not make sense to everyone, but try to get into it anyway. It will be helpful.

⚫️DeFi has great potential, but it's not really safe for mass adoption at the moment because of repeated hacks and exploits.

One example:

• Synthetix was attacked by Oracle on June 25, 2019, causing about $37 million in damage (the attacker returned the stolen funds after negotiations).

🔵Oracles are services that connect blockchains to the outside world: decentralized applications, other blockchains, trading venues, etc.

⚫️Chainlink currently plays a major role in leading DeFi projects such as Aave, Synthetix, and Yearn. If there is a serious problem with this oracle project, the whole system will be affected. But the crux of the problem is not just security, but also the way the protocols are developed.

🔵The right thing to do for now is to develop protocols without oracles, which will make them more reliable and secure. In the long run, projects and companies will not trust protocols that depend on only one oracle, and oracle-free protocols will in turn enable users to use their own data retrieval channels. In doing so, they will continue to be able to interact with each other in the marketplace.

VC Nascent has also written a very interesting series of articles about this. If you want to understand the impact of oracles on DeFi-protocols, be sure to read 😎

❔ Do you buy DeFi project tokens?

👍 - Yes
🧐 - No

#education

CRYPTO TREYSI | Subscribe

How to make money on Discord servers 💬
ㅤ
Hi everybody. Those who follow closely the cryptocurrency market may have noticed that there is a lot of talk lately about potentially gem projects joining Discord.

⚫️One of the latest to show that getting into a DC project in a timely manner is a smart idea is Sui, he was handing out whitelists for joining their Discord before February 1. And NeonEVM was giving away a priority queue for a sale on CoinList, which could be submitted for ~$300. And for example, if you had 10 accounts, you could earn $3,000.

So, decided to put together a selection of Discord servers for you that are worth getting into now:

• zkSync
• LayerZero
• Stargate
• StarkNet
• Venom
• Polyhedra
• ConsenSys
• SyncSwap
• Optimism
• Scroll
• Gitcoin
• Base
• Aleo
• Zora
• Connext
• Taiko

❗️ Important: Don't forget to be minimally active, at least as a daily GM.

🧐 #activity

CRYPTO TREYSI | Subscribe

Where does the smart money come from? 🧠
ㅤ
New "revolutionary" strategies are appearing in crypto communities, and their authors consider them successful.

🔴One such concept, dubbed Smart Money, has been actively discussed recently.

⚫️What is this - a conspiracy theory or a working strategy? That is the main question to be answered before you start using it.

The creator of Smart Money is trader Michael Huddleston. He is a supporter of the conspiracy theory in the markets and is convinced that Smart Money is whales, market makers and very big players who prey on the funds of small traders.

🔴The players in the market can be divided into 3 main castes:

• Small speculators (Stupid Money) - occupy a larger number in the market.

• Large speculators - hedge funds and professional traders who have large positions.

• Commercial speculators are central banks, (Smart Money) - participants who have a smaller number, but they have the most influence.

📌 Smart Money is a trading system that combines several well-known theories used in the market:

• trend detection;
• working on multiple timeframes;
• trading from support/resistance levels;
• analysis of candlesticks on a chart.

🔴The essence of the "Smart Money" strategy is to anticipate the actions of large capitals on the market: where they will buy an asset and where they will sell. The main rule: do not move after the hamster crowd - they almost always lose money.

It's an amazing fact that 3 completely different people have 3 different analyses, but all can turn out to be correct.

Put ❤️ in support of small traders.

🧐 #education

CRYPTO TREYSI | Subscribe

All the benefits of blockchain in one technology - zkEVM ⚒
ㅤ
The trade-off between compatibility, speed and security is a major challenge for blockchain developers. Often, improving the performance of one metric will spell the degradation of the other. One of the main contenders that intends to combine all of the aforementioned characteristics is zkEVM (zk-Rollup).

🟠zkEVM is an off-chain protocol that runs on top of Ethereum and is controlled by on-chain smart contracts, using ZK-Rollups technology.

🟠️The purpose of ZK-Rollups: to reduce congestion in the Ethereum main chain, resulting in faster and cheaper transactions.

This rollup works by combining a large number of off-chain transactions into one. The main chain then sends a "signal" to verify the transfer. The transaction is performed only after validation. From this comes one of the main advantages of ZK - safer transfers.

⚫️Not so long ago, Vitalik Buterin told about the impact of zkEVM on decentralization and security.

🟠zk-Rollup VS Optimistic Rollups

The main difference between rollups is transaction validation. ZK uses a cryptographic process. Each group of transactions provides proof of validity to the main blockchain.

And optimistic transmits transactions without calculations or checks. This results in a significant increase in scalability. However, if someone detects an anomaly, rollup will be forced to check the transfer for fraud. Compared to ZK, such checking can create large delays.

⚫️Some of the highlights among zkEVMs are zkSync and Scroll. Both projects haven't reached mainnet yet, so there is still an opportunity to be active in test networks.

❔ Have you already done the testnet of these projects, in the hope of drop?

👍 - Yes
🧐 - No

• If you haven't, then you should definitely do it. This can bring good profit 💵

#education

CRYPTO TREYSI | Subscribe

Active in Eigen Layer with hope for airdrop 🎁
ㅤ
EigenLayer is a protocol that helps to secure other services and blockchains by means of ETH restacking.

🟠The project has raised over $65 million in investments from Polychain, Blockchain Capital, Coinbase Ventures and other top funds.

🟠The other day the project launched on Ethereum Mainnet. The main activity in project with purpose to drop is restacking of ETH tokens in one of 3 pools (now pools are filled maximally, you should watch when there will be free place).

⚫️Instructions:
• Go to the website;
• Put ETH in available pools: Rocket Pool Ether, Lido Stacked Ether and Coinabse Stacked Ether.

Also, in honor of the launch at Mainnet, we can mint two NFTs.

⚫️What to do:
• Go to the website and connect the wallet;
• Click on the "Mint" button at the bottom;
• Mint the NFT (pay only for gas);
• The next day, mint a new NFT.

⏱ Deadline: June 18

I advise you not to miss this activity, as I may give away drops for it soon.

Put 👍 if you were able to get the NFT.

#activity

CRYPTO TREYSI | Subscribe

Useful tools for a cryptan ⚒
ㅤ
Hello everyone. This is TREYSI. Today I decided to collect useful services, which should be in the bookmarks of every cryptocurrency fan. I understand that a large number of my subscribers are newbies. I advise you to use these services also, that you would gain experience and understanding of how the market works.

⚫️DefiLlama is one of the most popular services for onchain analytics. DEX Aggregator, which helps find the best route to trade among Dex's.

🟠CoinGecko is a handy aggregator of cryptocurrency data. It tracks over 10,000+ assets and over 700+ exchanges.

⚫️TweetScout - with this site you can easily check which infles/funds are subscribed to any project, with a premium subscription you can easily find projects at an early stage.

🟠Nansen - service for on-chain analytics. You can track the activity of the largest wallets, what transactions are made, in what projects, etc.

⚫️Dune - powerful and free analytics tool in clear infographics.

🟠Etherscan - service for tracking any blockchain transactions.

⚫️Coinglass - analytical service for tracking: portfolio, liquidations and stock tumblr.

🟠Crunchbase - shows fundamental information about most crypto projects.

❔ Would you like to see the second part of such a post?

👍 - YES
😢 - NO

#analytics

CRYPTO TREYSI | Subscribe

The Fed did not raise interest rates, but they still hurt the crypto market ⬇️
ㅤ
On June 14, the Fed finally stopped raising the interest rate - it remained at 5-5.25%. Market participants had been waiting for this event for a long time (more than 94% of investors were confident that the rate will remain at the same level), so the decision has already been embedded in the market.

➡️ But the most interesting lurks in the statements of Jerome Powell, namely his ideas and suggestions help to understand the general vector of the American economy development.

↪️ There was a lot of optimism before his speech, as U.S. annual inflation slowed to 4%, a two-year low. This is heartening, but Jerome Powell himself offset this good news (rate and CPI) with harsh statements at the press conference:

• Inflation hasn't come down enough. We need to get it back to 2% (now 4%, the best result in 2 years);
• The pause in the rate hike is temporary - the rate may be raised twice more this year alone;
• They are not even thinking of lowering the rate this year. Maybe in 2024, but not before.

The good news is this: Powell admitted that the peak on interest rates is close.

➡️ If the Fed's plan had been to lower rates before the end of the year, the markets might have cheered us up. But reality is handing the crypto market a new slap in the face, in addition to lawsuits from an embittered SEC, and bitcoin is falling below $25,000.

🧐 #news

CRYPTO TREYSI | Subscribe

SEQUOIA CAPITAL IS A GIANT WITH $85 BILLION IN ASSETS!🔥
⠀
In this post I will look at one of the major giants of the crypto market with $85 billion in assets and $15 billion in cryptocurrency investments - Sequoia Capital.

Sequoia Capital is one of the most prominent venture capital investors, having financed companies like Apple, Google, PayPal, etc.

The company was founded on November 1, 1972. The founders are Aadith Palicha, Bill Coughran and Don Valentine.

📅 The fund's most significant investments by year:

• 1970s-1990s: Apple, Google, Nvidia, Webvan.
• 2000s: Airbnb, YouTube, ServiceNow, Unity Technologies.
• 2010s: 23andMe, StarkWare Industries, Klarna, Nubank, Snowflake, WhatsApp, Meituan, Dropbox , ByteDance.
• 2020s: BitClout, Bolt, FTX, Wiz, Loom, Shein.

Here's what they're interested in in 2023:

✔️ Focus of investment:
• High-tech startups.
• Cryptocurrencies and blockchain
• Diversity of companies led by underrepresented groups

🔤 Top 5 cryptocurrency investments for Q1 2023:

• LayerZero: an interaction protocol for blockchain
• Taiko: Ethereum-compatible ZK-Rollup
• Tiny Tap: a platform for creating and selling educational mobile games for kids
• Kaito: AI-based information databases for cryptocurrency research
• Caldera: building high-performance L2 blockchains

🌍 It is important to understand that Sequoia is not just one fund. In 1999, a fund for Israeli startups, Sequoia Capital Israel, was created. Also, in 2005, Sequoia Capital China was founded, followed by Sequoia Capital India. And the main fund, Sequoia Capital, mainly invests in American companies.

Sequoia Capital continues to actively invest in promising projects and develop the crypto industry. Stay tuned for more updates!

❔ Do more posts from crypto fund analysis for you?

👍 - YES
😢 - NO

#analytics

CRYPTO TREYSI | Subscribe

U.S. banks increase investment in MicroStrategy. Where will the price of BTC go?✈️
⠀
One of the world's largest investment firms, BlackRock, is about to launch an exchange traded fund (ETF) for bitcoin. This is an important step for the market, as the fund will now allow investors to buy bitcoin in the form of ETF shares from a regular brokerage account. As of the end of March, BlackRock had more than $9 trillion under management.

🔴The second largest U.S. bank, Bank of America, which manages more than $3 trillion in assets, invested an additional $59.5 million in MicroStrategy (which holds 140K BTC worth more than $3 billion). Its stake in MSTR has now grown to 2.3%.

🔴Another huge company, Fidality, with $4.5 trillion in assets, also increased its stake in MicroStrategy by 28,000% and now owns 1% of MSTR.

🔴And Canada's sixth-largest National Bank bought $500K worth of MicroStrategy stock this year. And Standard Chartered Bank predicted a long phase of BTC growth in 2024.

With the price of BTC down 60%, there was an opportunity for a very nice entry point for the whales. There is no longer any doubt that they are betting on the long-term growth of the asset's price.

❔ Do you think a bull market is close?

👍 - YES
😢 - NO

#news

CRYPTO TREYSI | Subscribe

Stablecoin and DeFi could be the SEC's next targets 📣
ㅤ
Berenberg Investment Bank (Germany) said in a report that the SEC may now focus on regulating stablcoins, including the two largest by market capitalization, Tether (USDT) and USD Coin (USDC), as well as decentralized finance protocols in compliance with regulatory requirements.

⚫️If the SEC seeks to reduce the potential of unregulated DeFi protocols as a viable alternative to regulated lenders and exchanges, they could "target stablecoins that serve as the lifeblood of decentralized finance," write analysts led by Mark Palmer.

❔ Could this lead to another loss of USDT and USD to $1 pegs?

👍 - No
😢 - Yes

#news

CRYPTO TREYSI | Subscribe

What is liquidation and why is it necessary? 📊
ㅤ
I decided to start one interesting section, in which I'm going to discuss popular crypto market terms. It will be useful for newbies. I decided to start with what we can't buy/sell our tokens without - liquidity.

⚫️In a nutshell, liquidity is the speed of transaction execution. If an asset has liquidity, then it has active buyers and sellers. When there is liquidity, we can make any coin transactions.

🟠Liquidity is a market characteristic of an asset which shows how much it is in demand. The more an asset can be sold at market price (without reducing its value), the higher its liquidity.

🟠What's wrong with not having enough liquidity?
We can't get out of position because no one wants our nickels. As a result, we hang on to the market. We become hostage to the situation.

Factors affecting liquidity:

🟠The bigger the market, the more traders.
Thereby making it easier to find a buyer or seller of an asset. This is influenced by the popularity of the asset.

🟠Number of trades on the market.
More trades = more traders = more orders = more liquidity.

🟠Quality of the asset and its prospects.
If a project is actively developed, it has a goal and prospects, it gives reason to speculate.

🟠Market structure and balance.
When market structure is efficient, it's easier for buyers and sellers to find each other and make deals.

❔ Should I continue this section?

👍 - YES
👎 - NO

#Useful_terms

CRYPTO TREYSI | Subscribe

Has the bitcoin-ETF trend pushed BTC to $31,000? 🔼
ㅤ
BlackRock is the world's largest investment firm with ~$9 trillion under management. On June 16, it officially filed for a spot Bitcoin ETF through its iShares division.

➡️ What is it?
A Bitcoin ETF is a spot fund whose shares will actually buy BTC on the market. This should make crypto ownership much easier for institutional investors, including pension funds, insurance companies, investment funds, hedge funds, banks, corporations, etc. That's a lot of money.

Interestingly, BlackRock has filed 576 applications for various ETFs throughout history and the SEC has only rejected them once. BUT, there were more than 30 attempts by different companies to create a real spot exchange-traded fund for BTC, but the SEC crushed all the attempts, citing lack of investor protection. Perhaps history will repeat itself.

Fed Chairman Jerome Powell recently acknowledged that BTC seems to have resilience as an asset class.

And the SEC has not touched BTC in any of its high-profile lawsuits in recent weeks. The Commission doesn't seem to have a claim against the asset.

↪️ A new trend?
Right after BlackRock, two other giants, Invesco ($1.4 trillion under management) and WisdomTree, filed for a spot bitcoin-ETF Fidelity ($4.5 trillion under management) is also rumored to be preparing an application.

➡️ The potential approval of an ETF for BlackRock could give the price of BTC and the entire crypto market a decent nudge because of the attraction of new money from big investors. With an asset bag like BlackRock, there is a lot of opportunity to manipulate the market, and it's worth remembering that often the big guys don't think about the industry, but come to the market just to make money. To make money from competitors and from retail, i.e. from you and me. And it is not yet clear how this will turn out for the market in the future.

🧐 #news

CRYPTO TREYSI | Subscribe

Big Guide to zkSync. Hunt for airdrop💰
⠀
Friends, hello everyone. Prepared for you a review on one project, activity from which you should not miss in any way. For their fulfillment, in the future, we can get a very good reward.

🪙 zkSync is a zkRollup protocol created to prove the scalability of transactions in Ethereum.

The project has raised a record $458m from a16z, BitDao, Blockchain Capital. By the way, before we work, I will say that zkSync returns 30-70% commission within 24 hours and it is advisable to do everything at night - in the morning, as there are less commissions.

Right now, while the gas is low, we can max out all the activity on their Era Mainnet network.

➡️Running ETH using bridges:
- Orbiter
- ZkSync Era
- Celer Network
- Multichain
- Meson

➡️We test DEX and add liquidity:
- Syncswap
- GemSwap
- OnChainTrade
- MES
- Velocore
- Mute

➡️DeFi platforms DeFi platforms:
- RhinoFi
- SpaceFi
- Nexon

➡️NFT platforms:
- Omnisea
- Mintsquare
- Kreatorland
- Maverick

P.S. Be sure not to do everything in one day, it's better once or twice a week to look like an active user, not a bot) Throw the post to your favorites, and share with friends.

❔ Do you think zkSync will give away more than $1000 per account?

👍 - YES
🧐 - NO

#activity

CRYPTO TREYSI | Subscribe

Choosing only good airdrops 🥅
ㅤ
Projects use airdrops to market their tokens for further development, advertising, and to increase loyalty from the community.

Using the project products, participants help to test the functionality and unknowingly improve the statistics for reporting to investors.

For that, they get tokens in the form of drops.

🟠How do I look for profitable airdrops?
To avoid wasting time on inefficient activity that won't pay off, you need to follow a few simple rules.

1️⃣Pay attention to who and how much money invested in the project.
If there are big players among investors - most likely it will not close in two weeks and will not disappear without warning. The amount invested - another important indicator.

2️⃣Look at the relevance of the problem the project solves.
Has the project identified user pains and found a great effective solution? You can wait for the X's.

3️⃣Pay attention to how much the project is valued.
The estimated value of a startup directly correlates to how much money it has raised.

4️⃣Keep an eye on the activity within the project.
This is exactly what airdrop members get rewarded for.

5️⃣Follow the development of the ecosystem.
The cooler and more promising a project is, the more services want to interact with it.

❗️ If we get 30 👍 - I'll share services to track drops!

#education

CRYPTO TREYSI | Subscribe

Drop for Season 2 Space ID 💸
ㅤ
Earlier I did a post about getting a drop from Space ID . And here are the results.

🟠The project opened an opportunity to get tokens for Season 2 participants. All who have flown in, go to the link and check the total number of your tokens.

🟠Decide for yourself if you want to keep it or sell it. Right now the token is trading around $0.27. If you sell now, then the profit for 1 account will be 3$. Personally, I made about 100 accounts. Not the most successful drop. In the first season we earned several times more.

Read more about the drop for season 2 at the link.

❔ Did you get the drop?

👍 - Yes
🧐 - No

#activity

CRYPTO TREYSI | Subscribe

Ways to scam in crypto 💻
ㅤ
I decided to dedicate a separate post to methods of cheating on the crypto market.

This is a very important topic, because someone really earns on it, which means that all the time there are victims who lose money. But I sincerely do not advise you to earn on scam, the purpose of this post is just a warning against losses.

🔴There are a huge number of types of scam, but I will list the main ones that a newbie in crypto can fall for:

1️⃣ Creating a new crypto channel, warming up the audience and breeding subscribers into a newly created coin, which according to the smart contract cannot be sold. As a result, people are left with millions or even billions of coins that are not only almost worthless, but also impossible to sell.

2️⃣ A message in a PM with a link to buy a token or connect your cryptocurrency wallet to the site. About the same as 1 point, but the scam cycle is much faster.

3️⃣ Creation of project duplicate pages and further, see point 2.

4️⃣ Theft of assets from wallets with the help of viruses (crazers, etc.). This often happens when you connect your wallet to an unknown and unverified site.

It's absolutely true that there are a lot of scammers in crypto. And they make a lot of money only because of our naivety and inattention.

🔴Our task is to be as attentive as possible. And not to lose our heads when it comes to working with assets

Always check:
• the sites to which you connect the wallet;
• projects you invest in;
• the smart contracts of the tokens you buy.

❔ Share, has anyone fallen for a scam yet?

👍 - Yes
🧐 - No

#activity

CRYPTO TREYSI | Subscribe

When will the market grow? Theory from halving 📈
⠀
Hello all! Many of you have heard about halving, but not everyone understands its impact on cryptocurrency in general. I won't keep you in suspense, let's start figuring it out!

➡️ Every 4 years the so-called Halving happens. This event was the catalyst for the last 3 bullruns. Now it's time for us to get ready for the next one, 2024 is just around the corner.

↪️ Many are starting to buy crypto at the peak. At the bottom, not many people are interested in it because everyone is scared. Every time bitcoin has fallen from its ATH, most have watched and waited for an even bigger decline.

Now is the time when you should be accumulating coins. BTC has been in a similar position several times in recent cycles. Will the outcome repeat itself after this halving? Probably yes.

🔖 So what is the point of a halving?

Don't underestimate this event. It's the moment when the amount of $BTC issuance is cut in half. There is an imbalance of supply and demand that only leads to an increase each time.

⚫️BTC has experienced 3 halving events over time - 2012, 2016, 2020. And during the following months there was always a bull market. Other altcoins will follow bitcoin.

The main goal is to keep inflation in check by reducing coin issuance. This adds a great value to BTC, because it reduces the supply on the market.

➡️ The next halving will happen in April 2024. You can follow the timer on this website.

A few months after the halving, that's when the real growth will come. Everybody will buy BTC again, there will be a surge of fresh blood, and your bags will grow as never before. Everyone decides for himself. But I think it's important to be aware of these moments and be ahead of the majority.

❔ Will you buy tokens for your portfolio before halving?

👍 - Yes
🧐 - No

#analytics

CRYPTO TREYSI | Subscribe

Security. Where to keep your assets? 💸
ㅤ
Today we'll touch on very important points about security and how to avoid unexpected losses. Let's begin!

1️⃣Keeping money on CEX exchanges.
Is the most common and easiest way to store assets, but also the most dangerous. You do not control the data from your wallet, and rely on security measures from the exchange.

There have been heaps of cases where exchanges have been hacked. Keep your funds at your own risk and do not neglect other methods.
Exchanges we use on a regular basis: Binance, BYBIT, Huobi, Kucoin, OKX.

2️⃣Storing funds on phone/pc wallets.
It is less dangerous option to use, because for the most part, you are responsible for the security here. There are risks of hacking into your devices, which can lead to the theft of assets. Always think about what you download and what applications you use. This way you minimize risks and losses.

3️⃣Storing funds on browser wallets.
Also one of the most common storage methods. You can access your assets from everywhere, but there is also the risk of hacking.

This is the main method we use. Create yourself several wallets and never connect one of them anywhere: Metamask, TrustWallet.

4️⃣Storing funds in hardware wallets.
Is the safest option for storing your assets, but requires an investment. These are devices where you can store your assets offline, only you have access.

The cost is worth it if you keep large sums of money and are serious about keeping your assets safe. Examples: Trezor, Ledger, Safepal.

🔤 Conclusions?
We've outlined for you all the relevant methods of storing your assets. Don't forget to write down your sido and access keys on a piece of paper and store them securely.

Also, don't download any leftover apps to your devices, use only trusted sources. Run unknown apps through other devices.

Choose the best asset storage option that works for you. But the safest one you've learned about, a hardware wallet will always bail you out.

❔ Where do you store the bulk of your crypto assets?

👍 - on another wallet
🧐 - on an exchange

#education

CRYPTO TREYSI | Subscribe