Are crypto wallets safe

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SAFE Smart Contract Multi-Sig Storage ?? (Better than Hardware Wallet!??) Step-by-Step Setup Guide ?
A hardware wallet is one of the best ways to secure your cryptocurrency transactions and your private keys. Click to find out how they work and more. With cold wallets, your crypto is as safe as your personal security practices. Theft, loss and physical destruction of the device does not have. A user's cryptocurrency is only as safe as the method they use to store it. While crypto can technically be stored directly on an exchange, it is not advisable.

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Although many exchanges maintain that their custodial wallets are completely secure, using them requires an account holder to trust a third-party with their precious assets. In this arrangement, the custodian stores your private keys for you, guaranteeing their safety and sometimes providing insurance on holdings up to a certain amount. This allows a user to manage many different types of coins from many different exchanges on a single device.