facebookWhich is better Coinhako vs Crypto,com vs Binance? Looking for BTC exchange for buy and hold strategy? - Seedly

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05 May 2021

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Cryptocurrency

Which is better Coinhako vs Crypto,com vs Binance? Looking for BTC exchange for buy and hold strategy?

Planning to allocate 1% of portfolio to BTC as hedge against future inflation. Not planning to trade often and planning to buy and hold until forever. Which platform is recommended for cryptocurrency beginners in terms of ease-to-use, security and convenience?

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Crypto SG

29 Mar 2023

Chief Investment Officer at Self Employed

BTC is a world-class asset and rightfully you should own it outright, not under the custody of anywhere that can collapse. If there is any lesson learned in 2022 and 2023 after the collapse of 3AC, Celsius, BlockFi, SilverGate Capital, Silicon Valley Bank, you should be very afraid to leave your crypto assets long term in exchanges.

​I don't recommend keeping your cryptos on exchanges, no matter how "trusted" they claim themselves to be. Please review my work in order to understand why

https://rebrand.ly/crypto-seedly-qa

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Crypto is the only asset I know that you can literally hold in your own hands after learning the most important skill - self-custody. You can hold a million to billion dollars worth of assets in the comfort and safety of your own hands/home; provided you know exactly what you are doing and how to do it safely.

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Check out Coinhako - The platform to buy, sell and store your crypto assets. https://www.coinhako.com/affiliations/sign_up/2...

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August/September 2021 Onwards!

Gemini is also another good platform.

Cant say for Binance or Coinhako because I don’t use them. It is easy to buy using SGD and only requires a few minutes for the deposit to go through. After you add your bank account manually in Gemini, you can use FAST transfer using DBS/POSB to Xfers Pte Ltd and you can start buying within a few mins usually. The UI is also relatively easy to use.

Try it using my code and we'll each get $10 USD of Bitcoin. Here is my link: https://gemini.com/share/xq48775fx

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