Topic: Coins kept in exchange, are they safe? - page 14. (Read 5651 times)
There is no technology that can be completely safe, everything has risks, and it also depends on how we use it. If we can use it as well as possible and look after it carefully, I think it can be safe. But it would be better if you don't put all coins in just one place. In addition to exchanges, it might be able to penetrate into investments in coins or ICO so that the value of your assets can grow.
Why you choose to keep your coins in the exchange wallet if you can stock those coins in your personal wallet, Exchange wallet is not advisable in storing coins for long time its better to stored it in your personal wallet for your a surety
put him in that Exchange is secure. This is certainly true enough to avoid hackers wallet that started pretty much scattered in crypto. but when the price of coins in one market and high on the market occupied down will cost money and it will be a long process for getting moved. but for security then this will be very safe.
I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.
It is depends on what exchange you use. If you using the reliable exchange to save your coins, then it will be safe i think.
But exchange wallet doesn't have guarantee it won't be hacked because some hacking cases in exchange wallets were occurred in the past.
Absolutely not. Mt.Gox, Mintpal, Cryptsy, BTC-e ... you just never know. It just hits you when its too late. Now, having said that, same stuff happens with regular banks. And crypto exchanges are evolving like mad, and with more regulation come more safety. It is crucial you know your exchange and what liability they have to hold custody of your assets
you said it the best way. i learned from my mistakes before not to put too much funds on exchanges. i was there when mt.gox and btc-e collapsed. there are some exchanges and web wallets that offer very high interest to its users. be careful of these sites as it may run away with your funds.
Absolutely not. Mt.Gox, Mintpal, Cryptsy, BTC-e ... you just never know. It just hits you when its too late. Now, having said that, same stuff happens with regular banks. And crypto exchanges are evolving like mad, and with more regulation come more safety. It is crucial you know your exchange and what liability they have to hold custody of your assets
If you are not in the possession of a hardware wallet, it could be safer to store your holdings on a reliable exchange like Binance where you have options to turn on 2FA which adds another layer of security to your account. But if you have a hardware wallet, there is no doubt that it is superior on basically every front to storing your stuff on an exchange.
It's a bad idea to keep all your tokens on the exchange for a long time. They are not there for security. Saving your chips in your personal wallet will be safer. Do not risk your capital
Yes, in this regard, the exchange is safer, but do not lose vigilance, exchanges are also often closed.
I saw a lot of reports where people wrote that they lost their money precisely because they kept them on stock exchanges...
No, just look at what has happened to exchanges in the past. If you have a lot or are holding long term then you should always use a hardware wallet.
Coin kept in Cryptocurrency exchange are not safe, and it doesn't take scientific knowledge for us to realise this. Exchange become the owner of your coin the moment you send your coin to them. The control the security of the coin and presumably guard them with their infrastructure. If however there is a breech, you coin will be gone!
I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.
Well the whole world is not a very safe place with all these thieves. If you start becoming very cautious, don’t you think you will stop living in your house? Consequently, the situation is same with exchanges. You need to believe them for coins like PRG, ICX and NEO. 
I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.
you are wrong. because exchange can also be hacked. a recent case example is the hacked C-cex market. for more details read this https://bitcoinexchangeguide.com/c-cex-crypto-exchange-experiences-hack-loses-all-doge-and-ltc-funds/
in my opinion the personal wallet is the safest place to hold coins. the most important thing is you have to be more careful.
We have two different types of exchangers that is Centralised and decentralised exchangers. To some extent its safe when you store coins on a decentralised only if you manager to store your login key in a safe place. But for a Centralised exchange they are easily hacked and passwords are not safe meaning your coins are not safe when stored on that exchange.
No, absolutely not. All of such coins are property of exchange and i wouldn't rely on them. I heard a lot of stories about HIT BTC frozen accounts, don't get in touch this this shitty exchange.
Use cold wallets!
Use cold wallets!
I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.
Yes, it is safe to keep your coins in an exchange because it is your own account you have the password and it will not be lost easily in your account in exchange. I think that is a good idea keeping your coins in an exchange but you can keep it in an exchange if the coin is available in exchanges.
I prefer to divide my coins. One part I keep in exchanges and second part I keep on wallet. For me it is the best way to safe myself.
My opinion is not particularly important, because money has not yet come to the purses of crypto currencies. My some friends lost money in exchange, but most say it's a safe place to store money. However, I will send money to translate, for example, Polonix. For a long time there I trade and in all problems was not.
The word is safe, it's not entirely your assets will be completely safe. Wherever you are there will always be a risk of being hacked. It depends on how you always control and also watch over it. Sometimes you already feel safe and will not be able to be tracked by hackers, but hackers will be much smarter than the skills you use. So always be careful when you access data online so that you don't get malware traps from hackers.
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