Self-Custody vs Cefi Custody: Why Ledger Wallet Costs More Time but Protects Against Exchange Collapse
A cryptocurrency holder faces a fundamental choice that most traditional financial customers never confront: who controls the private keys? A centralized exchange like FTX, Crypto.com, or Celsius offered convenience—check a balance, trade instantly, withdraw at will. Until the moment the exchange halted withdrawals, filed for bankruptcy, or was revealed to have misused customer funds. That…