GerbertPhills Posted yesterday at 07:23 AM Share Posted yesterday at 07:23 AM The web3 wallet on OKX allows you to either use a key phrase (traditional) OR backup on the cloud and then access through your account. I like the concept of the 2nd option, but from what I understand I am dependent on OKX to get access to my wallet. My worry is that what if my OKX account get blocked or OKX app itself has a problem. It makes me dependant again on a CEX, so in a way I am taking similar risks to storing my crypto on a CEX. Does that make sense? Is it possible to have both options for the OKX wallet? 1. Backup on the cloud 2. Have a keyphrase as a backup if cannot access the cloud Link to comment Share on other sites More sharing options...
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