The best thing to do is to store your coins on a hardware wallet, but if u haven't bought one yet, i would divide my coins up in different exchanges. Also, make sure to have 2fa enabled on every exchange, and write the private key down a piece of paper.
I am not much aware about hardware wallet.But I have enabled 2 factor authentication.So please tell about hardware wallet.How does it secure crypto currency. 
Topic: All crptocurrency at a single exchange. - page 8. (Read 1966 times)
If you are a day trader it is okay to stay your crypto in an exchange. But saving it long in an exchange is not really safe. Better used hardware wallet or ledger to store all your coins for you to be safe and not to be a victim of hacking.
Is it safe to keep your all crypto currency at a single exchange (bitfinnix)?Or one should choose multiple exchanges.
As others said it is not really safe to store your coins in an exchange specially if you have a large amount of it. Just keep 20%-30% of you coins if you an active trader. If you are a long time holder it is safe to keep it in your wallet.
Even reputable exchanges like Bitfinex Binance etc can be hacked. These exchanges should work on their security but i do not hear any news that they are doing something about it.
It is good to have accounts on multiple exchanges. Because different exchanges come up with different process as well different limitations. We don't know what will happen with the exchanges, because often exchanges encounter hacks. So having it on different wallets won't let the user loss everything even when something goes wrong with the exchanges.
Most people correctly advises not to keep your crypto on the same exchange (though it is better not to keep them on the exchange at all).
However, if you are just starting out and using a small amount for your trading, then, of course, it's easier to keep them on one exchange until you increase your capital.
However, if you are just starting out and using a small amount for your trading, then, of course, it's easier to keep them on one exchange until you increase your capital.
Ohh, don't do that ever. You shouldn't keep all your crypto at exchanges. Keep them in your wallet if you want to hold them. Only put some of it on exchanges for trading. And try to diversify your exchanges.
Unless you are going to trade don't leave coins on exchange, especially on single exchange, it can be hacked or can go down anytime.
Best rule i have learned and I always follow - not to put all eggs in one basket.
Well if you are a trader that have a lots of time to monitor your holdings and you are trusting the exchange that you are using, then for sure you already understand the risk of placing everything inside one exchange, traders always take some time to read information and they will do everything to secure their assets, so risk will be lessen if you have those characteristic being a trader before making a decision to place everything inside an exchange. Best rule i have learned and I always follow - not to put all eggs in one basket.
Is there any wallet that can store all the different altcoins?
Unless you are going to trade don't leave coins on exchange, especially on single exchange, it can be hacked or can go down anytime.
Best rule i have learned and I always follow - not to put all eggs in one basket.
Best rule i have learned and I always follow - not to put all eggs in one basket.
Like many many people are saying it's not generally safe to keep coins on exchanges. I don't think it's that risky to keep a small amount on a few of the better exchanges for trading purposes. Just not the bulk of your holdings.
they always say exchanges aren't your bank!
even Myetherwallet says that when you first go to the website ,It gives you the private key though!
so better just keep the amount of money you want to trade with , keep the rest of it somewhere safer.
But this is the way many are using exchanges, they are using exchanges as their banks and we know how dangerous that can be, exchanges have all the same problematics as banks they have full control of your money and until you get that money under your control then you are subject to their regulations which is something that bitcoin wanted to avoid in the first place, so unless people begin to think more about why bitcoin was created instead of the money they can get with it we will keep having people using their exchange wallets as their personal wallets. even Myetherwallet says that when you first go to the website ,It gives you the private key though!
so better just keep the amount of money you want to trade with , keep the rest of it somewhere safer.
Is it safe to keep your all crypto currency at a single exchange (bitfinnix)?Or one should choose multiple exchanges.
No! not a good idea to store your coins in an exchange since you do not hold the private key, once the exchange have been hacked or experiencing problem about your coin, you will not be able to recover that. Only deposit those coins if you are going to trade it
No exchange can guarantee you the safety of your money. Therefore, my advice: divide your deposit between several exchanges. So you can diversify your risks. Do not store all eggs in one basket.
That's the first rule in trading, always diversify and I think it can also use in exchanges since we can't tell that every exchanges are safe. Though some people are still holding atlcoins in one exchanges but its too risky to do so, you'd better to decide on what is the most convenient for you.
No exchange can guarantee you the safety of your money. Therefore, my advice: divide your deposit between several exchanges. So you can diversify your risks. Do not store all eggs in one basket.
That's the first rule in trading, always diversify and I think it can also use in exchanges since we can't tell that every exchanges are safe. Though some people are still holding atlcoins in one exchanges but its too risky to do so, you'd better to decide on what is the most convenient for you.
No exchange can guarantee you the safety of your money. Therefore, my advice: divide your deposit between several exchanges. So you can diversify your risks. Do not store all eggs in one basket.
This is to risky for me because now many exchange has issue with hacking, so for the better use minimum 2 or 3 exchange to be more safe and use all security feature in that exchange. And other more thing always login from bookmark link because there also many phising link, use privasi email address and 2 factor authentificaion. And if you have plan to hold any coin much better keep it in personal wallet, that will be more safe.
Is it safe to keep your all crypto currency at a single exchange (bitfinnix)?Or one should choose multiple exchanges.
It is actually dependent on what coin you're trading with. If you are trading with NEO and neo is not available FOR EXAMPLE at Cryptopia, then trade on Hitbtc or in bittrex. It is dependent on that. 
You plan to hold your coins and it's a erc tokens? If yes then it's recommended to use MEW because if the exchange will compromised there is a chance your coins will also be lost.
they always say exchanges aren't your bank!
even Myetherwallet says that when you first go to the website ,It gives you the private key though!
so better just keep the amount of money you want to trade with , keep the rest of it somewhere safer.
even Myetherwallet says that when you first go to the website ,It gives you the private key though!
so better just keep the amount of money you want to trade with , keep the rest of it somewhere safer.
For holding first exchanges are not recommended at all. Keeping the fund on exchange when you are trader also moving that coins to your private key secured or 2FA wallet all the time.
If you are exchange cum wallet. Coinbase is there in the wallet list they would not give the private key to access.
If you are exchange cum wallet. Coinbase is there in the wallet list they would not give the private key to access.
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