I just wondering why some people don't use paper wallet to secure their bitcoin, Some of them are just putting to the exchanger and trust their funds that no assurance of safety.I don't understand why they did not use the most secure way to keep their bitcoins.
Any Thoughts?
People have their own different ways to secure their Bitcoin, some uses cold storage like hardware and paper wallets because they will hold it for long term investment, while some uses hot wallets because they do trading but of course this cannot be considered as secured as you are trusting them to have full control of your funds, the other reason why people store their Bitcoins on exchanges because they want to get rid of transaction fees and be able to trade easily whenever they want to buy altcoins at the dip. Paper wallets are one of the safest way to secure your Bitcoins but not all people have knowledge to create one, you also have to be careful on which software you will use to create one.