Quote from the [How To]: Buy/Move/Store OMNI MAID :safe: hardware and software wallets
This guide provides information on how to buy and move your MAID from an exchange.
Of course, you can buy and hold the MAID on the exchange, but then they are not yours! The normal thing, the responsible thing is that you move them to your wallet.
Why?
We (and the entire crypto world) have a very bad history with the centralized exchanges (CEX):
- Bittrex - closed, how much MAID remained there? over 7 million at the moment
- Coinspot - delist MAID, how much MAID remained there? Unknown
- MasterXchange - closed, how much MAID remained there? Unknown (do you remember that we paid them 150 MAID withdraw fee?)
- Cryptopia - hacked, how much MAID was stolen there? Unknown (I lost “only” a few thousand…)
- Bitker - stole MAID from the MaidSafe company, how much? around 250 000 MAID
- Poloniex - delist MAID, how much MAID remained there? Over 10 000 000 MAID! (and let’s not forget before that they changed the fees from 10 MAID to 80 MAID!)
- Chainrift - closed, how much MAID remained there? Unknown
- Open Ledger DEX - (exit scam), how much MAID remained there? 551 035 MAID
- Altilly - exit scam, how much MAID was stolen there? Unknown
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