/doge/On-chain UTXO vs broker IOU: pulling 10,000 $DOGE off exchange
>leave $$DOGE on eToro or a centralized exchange: you hold an IOU entry in their SQL database while they lend your coins to short sellers >withdraw 10,000 $$DOGE to your own Dogecoin Core or hardware wallet: real cryptographic UTXO on the blockchain that nobody can rehypothecate
Transaction fee for moving the entire stack? Less than 0.02 $$DOGE. There is literally zero reason to leave your Dogecoin as an IOU on a broker app.
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