Yes, owners of site definitely could, if they want to. In fact, you don't have sats here, you have IOU against sats. They become your sats only after you withdraw to non-custodial wallet where you control private keys.
You mean, like it could happen with the fiat in your bank account? :D Btw yes, it’s not a non-custodial solution. If the website/node disappears, “your” sats disappear with it. If your login details get leaked, bye bye sats
Yes, owners of site definitely could, if they want to. In fact, you don't have sats here, you have IOU against sats. They become your sats only after you withdraw to non-custodial wallet where you control private keys.
What is custodial and non custodial?
custodial = I control your funds
non-custodial = I do not control your funds.
If in 2023 you still ask this... you NGMI.
Yes
Yes, @nemo will with his shitposts :D
Not your keys, not your coins. Applies everywhere.
This is probably just me being pedantic, but
SATisn't an acronym, it's an abbreviation for satoshi, so it shouldn't be capitalized.Do you see any seedphrase?
You mean, like it could happen with the fiat in your bank account? :D
Btw yes, it’s not a non-custodial solution. If the website/node disappears, “your” sats disappear with it. If your login details get leaked, bye bye sats
Yes, you can always be rugged so don't hold more than you're comfortable with