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Topic: Coins kept in exchange, are they safe? - page 13. (Read 5692 times)

member
Activity: 182
Merit: 10
September 19, 2018, 12:42:33 PM
Now there is no sense to fight hackers because the system did everything itself. All wallets are currently protected as much as possible and hackers are rarely hacked. And in order to compensate for the damage in case of loss, you only need to keep the money on the exchange and then you will be reimbursed in any case
full member
Activity: 448
Merit: 100
September 19, 2018, 03:50:29 AM
I don't think it's safe to put token on the exchange. The exchange has no absolute security. Some exchanges are easy to be attacked by hackers. It is easy to cause property losses. We try to mention token to our proprietary wallet. You need to turn out when you need to trade.

member
Activity: 248
Merit: 10
The Exchange for EOS Community
September 19, 2018, 03:32:52 AM
I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.
well my friend there is more exchange got hacked than wallet. I believe its safe to safe fund on exchange as long as its trusted cause they will pay back the money that you lose if you got hacked on that exchange. But still better safe it on wallet then exchange.
full member
Activity: 504
Merit: 131
September 19, 2018, 03:31:13 AM
I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.

Best to get a hardware wallet. Of the exchanges I would only leave any coins or tokens on Binance and Cobinhood. Kraken supposedly also very good safety but I hardly use it.
member
Activity: 320
Merit: 10
September 19, 2018, 03:29:48 AM
I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.

I think it is a good idea getting your coins in an exchange but there are some exchange that you will not get back your tokens to the wallet or your tokens will be lessen if you transfer it to your wallet. Maybe that is a good idea to transfer it quickly and hold it on the exchange sites and then sell it with a high value.
sr. member
Activity: 1400
Merit: 273
September 19, 2018, 02:12:21 AM
I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.

They are but not really as safe as we might think or want to believe. That is why a lot of people are saying that if you want to really store your coins in a safe wallet, avoid having them in exchanges. Of course, the primary choice would be the hard wallets. However, if you are a trader, you need to have them kept in exchanges in order to avoid constant sending which may cost you a lot.
jr. member
Activity: 57
Merit: 10
September 19, 2018, 01:56:37 AM
This is the most worst idea ever. How could you trust a stock exchange more than yourself? Bro, listen to me, stocking coins in your wallet is the safest way in the world.
member
Activity: 273
Merit: 10
September 19, 2018, 01:51:12 AM
in our time , there is nothing safe, the safest option is a cold wallet . all other options are not safe
member
Activity: 224
Merit: 10
September 18, 2018, 02:25:02 PM
It seems to me that keeping all your money only on the exchange is a bad idea. It seems to me that it is best to store your money in different places
jr. member
Activity: 98
Merit: 1
September 18, 2018, 01:13:10 PM
Storing your tokens in a personal wallet will be safer, especially if the amount is large! Is several cases of exchange being hacked and exchange suspending people accounts without notice before.  Need learn how to be careful.
member
Activity: 415
Merit: 10
Fast, Smart, Trustworthy
September 18, 2018, 04:00:21 AM
I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.
Unless you accidentally put a Trojan virus into your computer, the hacker will never stare at your wallet. If you really have a lot of cryptocurrencies, then you know how to save it is the safest.But I don't think this will be stored on the exchange.It can't be kept in exchange
member
Activity: 229
Merit: 10
September 18, 2018, 03:53:31 AM
If in my opinion, if kept in exchange, it is very detrimental to ourselves, it is better to keep in our own wallet that is safer, but if you exchange and token and coins are very safe and trusted by the public
full member
Activity: 347
Merit: 100
September 18, 2018, 03:49:51 AM
In my opinion we should not leave Altcoins too much on the trading page. It is too dangerous by accident or because the hacker attack is very risky.
member
Activity: 350
Merit: 10
September 18, 2018, 03:47:39 AM
Depends on the exchange I think. I am using kucoin and binance exchange and so far haven't got issue of my coins being keep there for several months now. I believe they have great security and trustworthy company.
sr. member
Activity: 643
Merit: 253
September 18, 2018, 03:41:45 AM
I answered yes, but that is if the exchange you use has multiple security systems such as poloniex, binance or bittrex. Although basically none of the systems connected to the internet are safe, at least within 3 years, I keep my assets in an exchange, and until now everything has remained safe.if you want security that is far better in maintaining your assets, you can use offline wallets that are already widely available, but with the risk of being lost or damaged
jr. member
Activity: 252
Merit: 1
September 18, 2018, 03:14:24 AM
put in multiple wallet. distribute coins on different wallet to reduce risk of getting hack.
member
Activity: 392
Merit: 27
September 18, 2018, 01:45:07 AM
Not really. Some people expect scam from exchanges which work with tether usd. Cold wallets are the best storages
full member
Activity: 616
Merit: 100
September 18, 2018, 01:26:24 AM
Security today is a very urgent topic that can be broken by ordinary human stupidity, such as storing your savings on the exchange, because you are just too lazy to install special software, you can lose the entire deposit.
member
Activity: 166
Merit: 12
September 18, 2018, 01:22:20 AM
This approach also has risks. There have been cases when the stock exchanges stole money and there have been many such cases. Everything depends on the specific exchange and the specific currency. And on your personal approach to security.
newbie
Activity: 101
Merit: 0
September 18, 2018, 01:05:18 AM
They are not safe, if you do not own the private keys to your wallet then the coins in that wallet do not belong to you, simple as that. Anything can happen to your coins in an exchange and there is not much you  can do about it. Just make sure that your coins are on an exchange only when you are trading them
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