Many beginners make the mistake of not understanding where their money really lies. Let's break down two paths:
1. Exchange (Binance) 🏢
It's like a bank account. Convenient, fast, you can trade right away.
Pros: Easy to restore access through support if you forget your password.
Nuance: Technically, the keys to the wallet are with the exchange. This is a matter of trust in the platform.
2. Personal wallet (Trust Wallet / Ledger) 🔑
It's like a safe at your home.
Pros: Only you own the "seed phrase" (12-24 words). No one can freeze your funds.
Risk: Lost the phrase — the money is gone forever. There is no support here.
Golden rule of VexaSola:
Keep only what you trade on the exchange. Everything else — on a personal wallet. Don't put all your eggs in one basket.
Conduct your own analysis. Think for yourself. Not financial advice.