Proof Of Keys January 3rd, 2020 (Do you hold your private keys?)

#ProofOfKeys #exodus #exoduswallet #bitcoin #ethereum #crypto

Today we rewind, in preparation for Proof Of Keys on Jan3rd and look at:

What exactly is meant by “Proof of Keys”?

What is Self-Custody?

Do you hold your private keys?

What are the risks of leaving funds on an exchange?

Proof of Keys is an annual event revolving around the action to remove your Crypto from custodial solutions such as exchanges and move them to a wallet where you control the private keys:

Why do you want to do this?

If you hold Crypto on an exchange, you don’t really own it. You’re trusting a 3rd party to manage it for you. You may have a wallet address, but they control the private keys.

Exodus Wallet is Non-Custodial, meaning you have the private keys encrypted on your computer for total control.
How to participate in the Proof of Keys event and own your crypto by holding the private keys.
1. Take all your coins off of Exchanges.
2. Move your crypto to a wallet where you have control of the seed phrase or private keys. For this purpose, they are the same.
3. If you have never used a non-custodial wallet, once you download and install, first try with a small amount until you get used to it.
4. Once moved, add [Jan/3➞₿🔑∎] to your social media profiles.You have now participated in establishing your sovereignty over your funds.

Exodus was created for visionaries looking to depart the traditional financial system.

Download Exodus for Mobile and Desktop here 👉

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