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Hard to find your private keys when you don’t own them. When you want to access your own private keys pertaining to your crypto on a CEX (Centralized Exchange), you actually end up not being able to find it. The reason is because you actually don’t own the private keys to your crypto. The CEX directly owns it in a custodial manner with a promise that you’ll be able to withdraw it from their platform when needed.

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Popular methods of protecting cryptocurrencies include: using decentralized crypto exchanges (DEX), withdrawing your funds from centralized crypto exchanges (CEX), using self-custody (noncustodial) wallets, using hardware wallets and conducting extensive research (DYOR) on seemingly investment projects.

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