Topic: Coins kept in exchange, are they safe? - page 11. (Read 5718 times)
in my opinion it is not safe, because now there are many incidents of the market gets hacked and in my opinion the safest thing is only to save the coins we have in our own wallet.
you should enable 2FA an mobile verification and hold coins in related wallets is best or hold in big exchanges lik binance .
I think it's safe enough. But don't fully believe in exchanges. You better save coins on your wallet than exchange. Because we don't know what will happen someday. So do not linger to save coins in exchange.
if you are a trader, then you have no option than to keep your coins on an exchange but if not that then I do not see a need for keeping bitcoins on an exchange when you could have them and protect them better than the exchange as they are more prone to hacks than you keeping your coins.
some exchanges already have a google authenticator I think is safe, but it's not highly recommended to be a wallet because the exchange platform with wallet has different functions, it will be more efficient to use a wallet
A wallet is better than having the coins left on the website for anyone to get. A wallet is not that hard to maintain.
Hi there!
You should not hold any big investments on exchanges unless you are trying to flip them fast. There are numerous of exchanges with flaws and exchanges that have bin breached.
Few days ago coinhub has been breached and alot of coins were stolen. If you think there wallets are safers then you are wrong, they store the tokens in the same wallets.
Store them on a hard wallet, ledger or such, thats the safest.
Maybe when you have the tokens in your personal wallet, you could stake some rewards and gain more coins!
Greetings!
You should not hold any big investments on exchanges unless you are trying to flip them fast. There are numerous of exchanges with flaws and exchanges that have bin breached.
Few days ago coinhub has been breached and alot of coins were stolen. If you think there wallets are safers then you are wrong, they store the tokens in the same wallets.
Store them on a hard wallet, ledger or such, thats the safest.
Maybe when you have the tokens in your personal wallet, you could stake some rewards and gain more coins!
Greetings!
Keeping your coin in the exchange is safe but I think it is better and will be safer if you keep the funds in the appropriate wallet other than in and exchange because while they are in this wallet, you are in total control as long as your personal information are kept safe.
I believe that coins stored on exchanges are relatively safe. the exchange has been repeatedly hacked. so they are also not immune from hacking
some exchanges already have a google authenticator I think is safe, but it's not highly recommended to be a wallet because the exchange platform with wallet has different functions, it will be more efficient to use a wallet
It seems to me that everything depends on the exchange on which you keep your tokens. One can be safe and the other not. You need to choose the most reliable.
Quite the contrary, if hackers decide to attack, then most likely they will break into the exchange, because from there more can be withdrawn!
No,they aren't that safe for keeping on exchanges ,because exchange can be hacked and additional intermediaries inrease chances to lose capital
I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.
You should not do that, have you never seen news about Market Exchange being hacked? you should hold all coins you have in your personal wallet. because it's much safer than in the exchange wallet. although there are a lot of problems about hacking wallets, but as long as you look carefully it's not something to fear. I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.
I hodl my coins everywhere, but I prefer cold storage and I have trezor wallet. I think without trezor I would feel more worried, as my valuable altcoins are kept there in safe place. I also trust some good exchanges like HitBtc, Binance, CuKoin and other exchanges. 
Coins kept in exchange to me are not safe due to the fact that if wish to trade the coin in another exchange site it will be difficult to withdraw or they will charge you withdrawal fee.
If you will put your coins in a reputable sites and you are not violating their rules, you won't have a problem with difficulty in withdrawing, feesare just normal, there is no exchange that has no fees because it's the lifeblood of the exchanges.
Coins kept in exchange to me are not safe due to the fact that if wish to trade the coin in another exchange site it will be difficult to withdraw or they will charge you withdrawal fee.
I would say they are somewhat safe in the major exchanges. I also do not send anything I'm not ready to lose which makes large trades difficult. You need to be careful and trust nothing in this game. I have had Huobi coin try some bs with me and they seized my money and that's a #3 exchange.
If the coins are on an exchange then it is only a little safe. There is not much that you could do if something awful happened. Bad idea. Do you know that almost every exchange has been hacked in the past? Even the biggest one like Bitfinex and Bitstamp have been hacked some time ago. It is not safe to keep your coins in an exchange. Why did you think it minimizes the risk of losing your coins to hackers?
If you don't feel confident keeping your own coin, the solution isn't to trust somebody else (exchange) to do it for you. You should learn how to secure your coin yourself. It's not that hard really, you can start learning from here https://bitcoin.org/en/secure-your-wallet
I fully agreed with you, wallets are much safer then any exchanges , atleast we hold our privetkeys and untill we do any mistake by ourself it's very difficult to hack any wallet having privet keys.Using different different wallet and in different exchanges if you want to trade also minimise the risk of becoming totally empty when we kept our all money in single place and got hacked. If you don't feel confident keeping your own coin, the solution isn't to trust somebody else (exchange) to do it for you. You should learn how to secure your coin yourself. It's not that hard really, you can start learning from here https://bitcoin.org/en/secure-your-wallet
I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.
Always a risk. But if you choose the wallet that is sufficiently protected and scatter your funds on several of the same protected wallets, then the risk of losing your money will be reduced to absolute zero and no hackers will steal your funds 
There is no perfect place to save money. Indeed crypto currency wallets can also be susceptible to hacking. But I am sure that saving on exchangers is not necessarily 100% safe. If you keep the coin for the long term then you should keep it in the wallet. I suggest that you save the exchanger only for a temporary time. For example when you wait until the coin is sold or wait for the trading cycle. In my opinion, the wallet is still a safe storage place for crypto currencies when you apply all security procedures properly. That is a bit of my idea.
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