What's Safer - Non- custodial STEEM Blockchain Wallet or a Custodial Wallet?

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We all want our funds to be secure and still be productive & available to us whenever we are in need of it.

Security and safety is always relative because no security is fool-proof. But we try for making arrangements for at least a reasonable security level than none.

Since joining Steem I have always taken care of protecting my account keys. I have stored my owner keys for my account in the most secure way possible as I hardly ever need them. I also take precaution to not to insert my active keys anywhere indiscriminately. I never used to leave my $STEEM in centralised exchanges like Binance and Bittrex outside the trading window.

However in the last quarter, my perception of security and safety of my Steem and Hive on native blockchain wallets have been drastically challenged. My funds no longer feel as secure to me as they were earlier.

Sanctity of property rights have been violated on both the chains in different proportions. So much, that I decided to withdraw all my Steem from my native Steem blockchain wallet.

But what if I don't wish to sell them right away as I think I can get a better price someday? Where is the the most secure place to hold my Steem?

After careful assessment, I have reached to a conclusion that has taken myself by surprise. My perception of security is now directly opposing what it has been all these years!

Now I feel custodial Steem wallets of centralised exchanges to be safer to hold my Steem than holding it on non-custodial blockchain wallet.

Yes I am moving my STEEM to Huobi.

Where are you guys holding your Steem if you too are holding it for a while?

Is your $STEEM safu?



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