Do You Keep Your XRP on Coinbase. Jake Claver, recorded November 2025.
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What this recording covers
Responding to a viewer inquiry about storing digital assets on centralized trading platforms, Claver explains the operational risks of third-party custody. He points out historical instances where centralized platforms withheld network distributions, airdrops, or secondary tokens from account holders. Claver emphasizes that commercial platforms operate according to their own business interests, which may include settling account balances in cash equivalents rather than delivering underlying assets. Because centralized entities retain control over customer deposits, users face counterparty risks and restricted asset access. He compares commercial trading venues to temporary public facilities, arguing that accounts should be used strictly for transactional execution rather than persistent storage. Under this operational approach, users transfer funds onto an exchange only to complete an immediate conversion or payment, promptly moving assets back to private control once the transaction concludes.
Where this fits
This page hosts a recorded video and a short summary of what it covers. It is general information, not investment, tax, or legal advice, and not a recommendation to buy or sell any asset or to form any entity. Rules change and older recordings may describe a position that has since moved. Speak to a qualified professional before acting.