This is for all the newbies out there and including new users within this subreddit.
Yesterday, I decided to scroll through the toxic subreddit known as r/Bitcoin and saw a photo post of someone using Cash App holding their Bitcoin. Companies like CashApp and PayPal have the ability to freeze your account, and if you’re account is frozen their is nothing you can do. I suggest doing research on Hardware Wallets such as Ledger or Trezor. You can even use wallets such as BitPay, MetaMask, Trust Wallet ect.
Remeber
“NOT YOUR KEYS, NOT YOUR WALLET”
Same can goes with Crypto Exchanges, though you have a better chance with them than you do with PayPal or CashApp. I still suggest you use a preferred wallet.
Also, never post a photo of how much Crypto you hold. That’s a great way of getting scammers, getting hacked or even doxxed.
To add to this, NEVER USE ROBINHOOD FOR CRYPTO.
submitted by /u/lordcolorado
[comments]
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