Friendly reminder

Get your #Bitcoin off exchanges and into a hardware wallet. 

Don't go chasing yield. Those offering you interest are swapping bitcoin for absolute garbage to pay you shitty single digit yield. If it wasn't for them, bitcoin would have reached $100K during the last cycle. They surpressed it's price, before declaring bankruptcy. 

Companies that have gone bankrupt in recent years are listed below. Many more are still around but secretly insolvent. Don't become another statistic. Nexo, Ledn 👀

Exchanges and yield earning platforms that declared bankruptcy since 2021 alone:

- 2021 - ACX
- 2021 - Mycryptowallet
- 2021 - Cobinhood
- 2021 - Bitgrail
- 2021 - Coindelta
- 2021 - EXX
- 2021 - VCC Exchange
- 2021 - WEX
- 2021 - COSS
- 2021 - Bithumb
- 2021 - BTCEXA
- 2021 - Liquid
- 2021 - Nova Exchange
- 2022 - Three Arrows Capital (3AC)
- 2022 - Alamada Research
- 2022 - BlockFi
- 2022 - Babel Finance
- 2022 - CoinFlex
- 2022 - Celsius
- 2022 - Zipmex
- 2022 - FTX
- 2022 - Freeway
- 2022 - Hodlnaut
- 2022 - Ikigai
- 2022 - Vauld
- 2022 - Voyager
- 2022 - West Realm Shires Services
- 2022 - Genesis
- 2022 - Myconstant
- 2022 - Digital Surge
- 2022 - Mine Digital
- 2022 - Atom Asset Exchange (AAX)
- 2022 - Midas Investments
- 2023 - Liquid Global
- 2023 - The Rock Trading
- 2023 - Silvergate
- 2023 - Silicon Valley Bank
- 2023 - CoinLoan
- 2023 - BKEX
- 2023 - Patricia
- 2023 - Haru Invest
- 2023 - CatalX

Worse yet, when these companies went busy and paused withdrawals, when Bitcoin price was going down and triggered liquidation warnings, they asked their customers who used collateral to increase it and add more collateral. Not only did they lose the initial collateral, but also anything they added afterwards to avoid this. 

 Impressive list 

 Sadly, it's gonna get longer