Binance Research: Large customers choose cold wallet as their storage option

According to a recent study by Binance Research, investors who have more than $5 million in cryptocurrency-specific funds are more likely to choose cold wallets as their storage option. Popular wallets such as Coinbase Wallet and Trust Wallet were not favored by respondents, and only one-third of respondents chose these hot wallets. Among them, the unregulated cryptocurrency lending platform was the least popular in the survey. According to the report, only 12% of respondents use unregulated cryptocurrency lending platforms.