Take note: anyone claiming to hold your funds without being able to prove exactly where those assets are stored? They probably don't actually have them.



This is non-negotiable when evaluating any platform or custodian. Whether it's an exchange, wallet provider, or any intermediary—demand transparency on fund custody. If the answer is vague, if they dodge the question, or if they can't produce concrete proof of reserves, that's your red flag.

The blockchain exists to solve this problem. Use it.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
ChainMaskedRidervip
· 2h ago
Honestly, only those who can prove the location of assets can be trusted; everything else is nonsense.
View OriginalReply0
4am_degenvip
· 15h ago
In simple terms, if you can't prove which platform your funds are on, don't get involved. The scam tactics are always the same.
View OriginalReply0
GasFeeVictimvip
· 15h ago
Really, if you can't see proof of reserves, don't touch it—it's the bottom line.
View OriginalReply0
DegenDreamervip
· 15h ago
To put it simply, if you can't prove where the money is, don't touch that platform at all.
View OriginalReply0
just_another_walletvip
· 15h ago
Basically, if you can't verify the asset location on the platform, don't touch it. There's nothing to negotiate about.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)