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Monday, December 6, 2021

Elon Musk’s Advice to Dogecoin Investors, Keep Custody of Crypto Assets With You

Tesla CEO Elon Musk has backed the idea of ​​investors owning custody of crypto assets such as DodgeCoin, rather than relying on centralized exchanges such as Binance and Robinhood. These exchanges facilitate the sale and purchase of cryptocurrencies, but also keep custody of the assets. Allen does not support it. He expressed his opinion on Twitter while replying to another post on the subject.

Bill Lee, a founding partner of West Coast Holdings and an investor in Musk’s companies, tweeted that people should not consider them their crypto-holding until wallet keys are found.

In response to one of his words, Musk endorsed it and wrote, “Exactly.”

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Damini Sharma
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