Best exchange to invest for the long terms, - page 2.

Idrisu

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Quote from: RAMSHIVDEEPAK on May 11, 2018, 07:04:23 AM

Hi guys, please share your opinion on best exchange,which can I use for long-term investment. Recently, Coinsecure,a INDIAN exchange has been hacked.So I am very much afraid about my investment.I am using right now BINANCE exchange.Is it safe for keeping my investment for 1 year.

Which one do you suggest?

I am also using binance and I think it is a bit safe but for long term is what I cannot really tell. Many cryptocurrencies experts has said it is very risky for one to keep fund or coins in cryptocurrencies exchange platforms as it is not safe. However we still have no any much options now because even the online wallets are not saved. You should try an save your long term investment in an offline wallets and that is were your investment is safe.

zander09

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Quote from: Shinpako09 on May 12, 2018, 06:51:20 AM

If you don't know, it is not advisable to keep your coins in an exchange site in long term because of the threat of hacker. If you want to hold your coins for long term just transfer it in your personal wallet which is much secured compared in exchange site.

Yes that's right, the better would do if they want to hold their coins for long term is transfer in the personal wallet to secured.
It's not a good idea to keep in your funds to an exchange for long terms because it's dangerous.

Shinpako09

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If you don't know, it is not advisable to keep your coins in an exchange site in long term because of the threat of hacker. If you want to hold your coins for long term just transfer it in your personal wallet which is much secured compared in exchange site.

Choii

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I don't know what kind of token you have in Binance Exchange, but for me much better to keep your fund in your personal Wallet like MyetherWallet rather than in exchange site if you want to Hold for the long year. But when it comes to best exchange site to trade the token that you want to trade Binance is one of the best exchange site that i know but make sure your token is listed in binance.

enawati

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If you want to hold crypto in 1 years, for the better dont keep it in the exchange because that risky, for the more safe much better keep in personal wallet that you have full control with the private key, like coinomi. But if you want to keep in the exchange, decentralized exchange will be more safe for hold coin in the long term.

Mia_pikachu

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Quote from: kateycoin on May 11, 2018, 07:21:02 PM

Quote from: RAMSHIVDEEPAK on May 11, 2018, 07:04:23 AM

Hi guys, please share your opinion on best exchange,which can I use for long-term investment. Recently, Coinsecure,a INDIAN exchange has been hacked.So I am very much afraid about my investment.I am using right now BINANCE exchange.Is it safe for keeping my investment for 1 year.

Which one do you suggest?

I think what you use now is alright because binance is secured exchange but you need too a extra careful because no one knows what will happen if one day that exchange got hack and all your funds is their there's possibility that your funds will be stolen. Much better to put your coins in hard wallet that your the only one know the private key.

all exchanges to save and invest of course all its almost the same about the security, so it would be nice we keep the coins that we make investment in our hard wallets, and of course we can secure our assets with security of course we own that make and keep it, and only we can know the key, if in Binance exchange, it is more suitable for me to do as a day trading.

gentlemand

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I can't believe after all this history to draw on anyone is stupid enough to ask this question.

Even the crappiest phone wallet is a better proposition.

Even if the exchange remains secure, you might forget your password, lose your 2FA or email or the most likely is that they lock accounts because of some new demand for verification that you can't deliver.

Go and sit in the corner with that dunce hat on.

kateycoin

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Quote from: RAMSHIVDEEPAK on May 11, 2018, 07:04:23 AM

Hi guys, please share your opinion on best exchange,which can I use for long-term investment. Recently, Coinsecure,a INDIAN exchange has been hacked.So I am very much afraid about my investment.I am using right now BINANCE exchange.Is it safe for keeping my investment for 1 year.

Which one do you suggest?

I think what you use now is alright because binance is secured exchange but you need too a extra careful because no one knows what will happen if one day that exchange got hack and all your funds is their there's possibility that your funds will be stolen. Much better to put your coins in hard wallet that your the only one know the private key.

ritikasimi

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For me no exchange is secure to hold coin..any exchange can be hacked...so hold in your treasure wallet is more safe..beside it Bittrex,binance,poloniex,hitbtc are good exchange for trading

ThorWin

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In my opinion, you should buy ETH, ETH prices are on the decline, they are coin can compete with BTC in the future. Although the current ETH price is low, they are the most common coin in the market, holding them extremely safe.

coinwizard_

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If for whatever reason you can't or prefer not to keep your coins yourself then binance is a trustworthy exchance, coinbase probably better but with a limited choice of coins. Pick ones that are in an offshore location and in a liberal country like malta or panama

christofyler

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I will advance you not to try keeping your coin or Altcoin on exchange due to the risk involve. As we all know that an exchange can be hack anytime. So for long time holding it better you use your personal wallet and also when you keep your coin on exchange don't make use of your private key always make use of metamask in case if the site is hacked they won't be able to see your private key. Security measure is important.

Parabellun1917

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Quote from: RAMSHIVDEEPAK on May 11, 2018, 07:04:23 AM

Hi guys, please share your opinion on best exchange,which can I use for long-term investment. Recently, Coinsecure,a INDIAN exchange has been hacked.So I am very much afraid about my investment.I am using right now BINANCE exchange.Is it safe for keeping my investment for 1 year.

Which one do you suggest?

I advise you not to keep funds on the stock exchange. I think Binance is the best choice, with this exchange there are no problems yet.

bdfoysalhossain

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I think the best exchange for long-term investors is Binance and Bittrex. There are more trusted exchanges but I think these two top exchangers. Because of Best User Experience & Most SECURE.

priyanjana

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I personally don't like to keep my coins exchanges. It has more probability to hack than personal wallet. Because exchanges wallets private keys are stored on there servers. Always to get out funds from exchange to wallets if you are not going with short team trading.

jhongzjhong

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Quote from: renes on May 11, 2018, 03:11:43 PM

No exchange is safe for investment even for the short term, also the exchange does not provide wallet service, they are actually for only exchange, you should store your coins in wallet.

Exactly, no one exchange where is safe to store your cryptocurrency because you will never know what will happens nowadays on that exchange site. I must prefer on MEW for your storing your cryptocurrency for a free wallet in long-term but there is a good one wallet, a hardware wallet it is not expensive but you need to buy on it.
I suggest you that don't store on the exchange site for long-term it's okay if you storing for a days not years because that is risky to store.

renes

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No exchange is safe for investment even for the short term, also the exchange does not provide wallet service, they are actually for only exchange, you should store your coins in wallet.

kkaroul4

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if for myself to exchange my money in investing very quickly is to invest and trade in ethereum and bitcoin if used as long and short term. because to get a big profit it is easy to invest in both coins

FrueGreads

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Quote from: RAMSHIVDEEPAK on May 11, 2018, 07:04:23 AM

Hi guys, please share your opinion on best exchange,which can I use for long-term investment. Recently, Coinsecure,a INDIAN exchange has been hacked.So I am very much afraid about my investment.I am using right now BINANCE exchange.Is it safe for keeping my investment for 1 year.

Which one do you suggest?

What kind of investments are you doing? Are you buying crypto and just holding the coins? If so, I would say that it would be best for you to buy crypto and then transfer the coins to a secure wallet. It's less likely that you will get hacked that way. If you are daily trading, then you need an exchange. Binnance is a good option, but I'm sure coinbase, bittrex and why not poloniex (now that it was bought by circle) are great options as well. From what I know, coinbase even has an insurance for it's users, so you should be ok with them.

berrygood

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There is no best exchange now, I can't call one of the centralized exchanges as the best exchange since they lack security due to centralization. Ddex is good exchange for me.

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