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RE: Bitcoin Cash Heads Up for BTC Hodlors
What do you mean when you say, "I intend to make sure all my BTC are off Coinbase this week." I have a little handful of XRP and some changed of BTC on my bittrex account. Oh, and I have like $20.00 US in btc on my bitpay app on my phone.
All my Coinbase BTC I will send to a wallet I control. When you have coins with an exchange, they control the coins -- they "custody" them for you. But that means you are at their discretion as to how they custody your assets.
So if I send them to a wallet I control, I am no longer under their discretion and I will have full access to the private keys that correspond to the BTC accounts that hold my BTC.
Thanks for the info. #nooblife