RE: Steemit Crypto Academy Contest / S3W3 - The Wallets by @rosz
The search for decentralization is due to the fact that banks have guarded people's money and have gone bankrupt,
In my country Ghana, certain bank known as GNB has locked up people assets for almost five years now as a result financial crisis. They can payback what people have saved with them.
I have a binance account but it doesn't count as a wallet even though I have some cryptocurrencies there.
Binance exchange wallet is count as a wallet so far as you can store your token for some period. It can do all the necessary things othe wallets can do. But if you’re savior long term, it’s not advisable to use and exchange wallet.
I’m sorry to hear that you have suffered a theft issue. These online programs claiming to be helping with such issues are scams. You should always consult others who have much knowledge with IT.
I prefer a hot wallet, because that's what I use.
I also prefer hot wallets because with much care it is reliable, accessible and fast in making transactions.
Please find time to visit my post as well. Good luck..!!