Exchanges have become synonymous with the crypto industry, serving as the much-needed bridge between investors and the cryptocurrencies they wish to invest in. However, over the years, there have been a number of concerns regarding the safety of exchanges, especially when it comes to using them as storage mediums. In light of this, Dogecoin influencer Mishaboar has combed through the terms and conditions of a number of exchanges and has highlighted a major issue with them.

交易所已经成为加密行业的代名词，成为投资者和他们希望投资的加密货币之间急需的桥梁。然而，多年来，人们对交易所的安全性存在很多担忧，尤其是当使用它们作为存储介质。有鉴于此，狗狗币网红 Mishaboar 梳理了多家交易所的条款和条件，并强调了它们的一个主要问题。

Dogecoin Influencer Reveals Exchanges Are Not Insured

In the post, which was shared on the social media platform X (formerly Twitter), Mishaboar highlighted a major issue with holding crypto on exchanges. The post featured screenshots of the Terms of Service (ToS) of multiple US-based exchanges, including Robinhood, Coinbase, Kraken, and Binance.US.

狗狗币影响者透露交易所没有保险 在社交媒体平台 X（以前称为 Twitter）上分享的帖子中，Mishaboar 强调了在交易所持有加密货币的一个主要问题。该帖子展示了多个美国交易所的服务条款 (ToS) 的屏幕截图，包括 Robinhood、Coinbase、Kraken 和 Binance.US。

Mishaboar highlighted different sections of these Terms of Services, which showed that the crypto held on all of these exchanges were not insured. The first of the screenshots was from the Robinhood ToS, with the highlighted part which read:

相关阅读：加密货币分析师预测狗狗币价格何时将达到 1 美元 Mishaboar 强调了这些服务条款的不同部分，这表明所有这些交易所持有的加密货币都没有保险。第一个屏幕截图来自 Robinhood ToS，突出显示的部分内容如下：

“Absence of FDIC or SIPC Protection. RHC is not a broker-dealer of any kind and is not a member of the Financial Industry Regulatory Authority (“FINRA”) or the Securities Investor Protection Corporation (“SIPC”). I under that my Cryptocurrency holdings are not protected by Federal Deposit Insurance Corporation (“FDIC”) or SIPC.”

“缺乏 FDIC 或 SIPC 保护。 RHC 不是任何类型的经纪自营商，也不是金融业监管局（“FINRA”）或证券投资者保护公司（“SIPC”）的成员。我认为我持有的加密货币不受联邦存款保险公司（“FDIC”）或 SIPC 的保护。”

The screenshots from the ToS of other exchanges also followed the same theme, acknowledging that customer deposits were not actually insured. “Coinbase is not registered with the U.S. Securities and Exchange Commission and does not offer securities services in the United States or to U.S. persons. You acknowledge that Digital Assets are not subject to protections or insurance provided by the Federal Deposit Insurance Corporation or the Securities Investors Protection Corporation,” the Coinbase ToS reads.

其他交易所的服务条款截图也遵循相同的主题，承认客户存款实际上并没有受到保险。 “Coinbase 未在美国证券交易委员会注册，也不在美国或向美国人提供证券服务。您承认数字资产不受联邦存款保险公司或证券投资者保护公司提供的保护或保险，”Coinbase ToS 写道。

Next on the list of the Kraken ToS, which reads: “ No Insurance. We are not a bank or other depository institution. Your account isn’t a deposit account or bank account. Your account and digital assets are not covered by insurance against losses or subject to Federal Deposit Insurance Corporation or Securities Investor Protection Corporation protections, or protections of any comparable organization in the world.”

Kraken ToS 列表中的下一个内容是：“无保险。”我们不是银行或其他存款机构。您的帐户不是存款帐户或银行帐户。您的账户和数字资产不受损失保险的保障，也不受联邦存款保险公司或证券投资者保护公司或世界上任何类似组织的保护。”

Last but not lease is the Binance.US ToS which simply states that that “Your Accounts and Digital assets are not eligible for FDIC insurance protections.”

最后但不是租赁的是 Binance.US ToS，它简单地指出“您的账户和数字资产不符合 FDIC 保险保护的条件”。

Best Places To Store Crypto

When it comes to storing cryptocurrency, it is up to the investor to make sure that their holdings are properly stored so they are safe. However, when it comes to exchanges, leaving crypto on there for the long term can do more harm than good.

存储加密货币的最佳地点在存储加密货币时，投资者有责任确保其持有的资产得到正确存储，以保证其安全。然而，就交易所而言，长期保留加密货币可能弊大于利。

An example of this is the FTX crypto exchange collapse which saw thousands of investors lose their cryptocurrencies when the exchange went bankrupt in 2022. Exchanges are better for short term storage, especially for coins that are being sold.

相关阅读：Meme Coin Madness 将以太坊费用推至 2 年新高一个例子是 FTX 加密货币交易所崩溃，当该交易所于 2022 年破产时，成千上万的投资者失去了他们的加密货币。交易所更适合短期存储，尤其是硬币正在出售的。

For the longer term, self-custody has always proven to be the superior choice. Software self-custody wallets such as Trust Wallet and Metamask are very popular options. Meanwhile, hardware wallets such as Ledger and Trezor are believed to be even safer as they store crypto completely offline.

从长远来看，自我托管始终被证明是更好的选择。 Trust Wallet 和 Metamask 等软件自助钱包是非常受欢迎的选择。与此同时，Ledger 和 Trezor 等硬件钱包被认为更安全，因为它们完全离线存储加密货币。

Total market cap at $2.6 trillion | Source: Crypto Total Market Cap on Tradingview.com

总市值达2.6万亿美元|资料来源：Tradingview.com 上的加密货币总市值 精选图片来自 Bankrate，图表来自 Tradingview.com