If you just leave your money sitting on an exchange - then you are trusting that company to keep it safe for you. If they suddenly shut down or had their accounts frozen - there would be nothing you could do. Having a hardware wallet basically puts the power in your hands to make sure your funds are safe and always accessible.
If you just leave your money sitting on an exchange - then you are trusting that company to keep it safe for you. If they suddenly shut down or had their accounts frozen - there would be nothing you could do. Having a hardware wallet basically puts the power in your hands to make sure your funds are safe and always accessible.