ASK LEO: WHY PUTTING YOUR HIVE TOKEN IN SAVINGS CAN SERVE AS A SECURITY PURPOSE?

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It's that period of the year that hackers and scammers go up and down looking for wallet to get through into and reap them up of their token. Not only on hive community blockchain that is happening, it's happening in other financial platform too. But on hive community blockchain while we are waiting for the bull market to take the center stage, a lot of people are hodling their token waiting for the bull market.

I am also one of those that are waiting for the bull market and also have some hive token in my hive wallet. I just thought of it that instead of the hive token to remain in the hive wallet why not move it to the hive saving atleast for security reasons. So I put my 1000 hive into hive savings. Since to withdraw from hive saving takes maximum of 3 days before the hive token return back to hive token wallet.

No one is above mistake, even if at all our account is hacked and before we would be able to retrieve it back, we might not eventually lose any hive token if it's not open to direct hive token wallet. I guess the hive savings can serve as the escape root so that we wouldn't lose too much of our hive token.


Please note that, this isn't a cryptocurrency, financial or business advice,it's just an opinion. If you need a cryptocurrency, financial or business advice, consult a cryptocurrency or financial experts. Thank you.


Thanks for stopping by to view my blog. Please do have a wonderful day ahead.@peterale cares🤭

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