{"post":{"id":619,"title":"Binance lost $6.3B in an Oct 29 breach - move my crypto to cold storage now or trust the exchange?","body":"I keep a few thousand in crypto on Binance, mostly BTC and ETH I bought over the last year. After the Oct 29 breach reports, $6.3B gone and $1.5B-plus in liquidations that week, I am wondering whether to move everything to a hardware wallet now or ride it out. I trade maybe once a month, so I do not need instant access. What actually protects a small holder here: cold storage, a different exchange, or just strong 2FA and waiting?","community":"Money","score":1,"answer_count":1,"standing":{"kind":"leading","answer_votes":3,"leading":{"id":739,"name":"Move it to a hardware wallet","score":3},"runner_up":null},"author":{"username":"marcusbuilds","verified":true},"voted":false,"vote":0,"created_at":"2026-11-01T19:11:09.650Z","url":"https://settd.com/p/619","thumbnail":null},"comments":[{"id":739,"name":"Move it to a hardware wallet","body":"With a once-a-month trading habit, you lose almost nothing by moving to cold storage. The math is simple: exchange breaches are a when, not an if, and your coins are only as safe as the exchange balance sheet. A $60 to $80 hardware wallet plus a seed phrase stored offline beats any 2FA setup, because 2FA protects your login, not the exchange hot wallet. Keep a small amount on the exchange for trades and sweep the rest offline.","score":3,"rank_score":3,"author":{"username":"priyaq","verified":false},"voted":false,"vote":0,"created_at":"2026-11-01T19:16:38.880Z"}],"pagination":{"limit":50,"offset":0,"has_more":false,"next_offset":null}}