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Topic: Coins kept in exchange, are they safe? - page 18. (Read 5718 times)

newbie
Activity: 42
Merit: 0
September 14, 2018, 11:43:29 AM
there is no 100% absolute safe place for keeping tokens
legendary
Activity: 1218
Merit: 1001
September 14, 2018, 11:43:04 AM
I always worry about coins in exchange.
Yesterday it took me 19 hour to withdraw tokens from hitbtc and i got panic!
Holding coins in exchange is always problem but DEX is different and safe we need to move DEX
copper member
Activity: 103
Merit: 1
September 14, 2018, 11:41:15 AM
I think at the initial stage-this is the safest option for storing cryptocurrency, especially if you do not invest in it , and speculation on it.
hero member
Activity: 882
Merit: 500
September 12, 2018, 09:37:42 AM
If you are more coin want to hold them for a long time, I recommend you find these wallets that can be used on personal computers when off. As the market is so bleak now, everyone loses confidence in the crypto, which will lead to many exchanges going to shut down in the next year.
full member
Activity: 1246
Merit: 103
September 12, 2018, 07:58:10 AM
I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.

storing the crypto that you have in the exchange will invite a very large risk. because we don't know when the exchange will be hacked, the guess is the hacker. it's better to just save Crypto that we have in our personal wallet. I think it's a solution to reduce risk.
jr. member
Activity: 420
Merit: 1
September 12, 2018, 07:31:04 AM
for the long term I suggest that you don't save coins on the exchange, if only for a few weeks I don't think it's a problem. but for the security of your assets, I suggest you save coins in your own wallet.
jr. member
Activity: 223
Merit: 1
September 12, 2018, 07:27:38 AM
I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.
Remember one important rule: if you do not have full monopoly access to your crypto currency, then they are in great danger. Your crypto assets are on the accounts of the owners of the exchange, and what if tomorrow you go to their site and the browser will tell you that there is no such page?
member
Activity: 336
Merit: 10
September 12, 2018, 07:25:42 AM
If you want your coins safe then store it on a hardware wallet. If you keep it on the exchange, there is a risk of losing your account when hacked.
newbie
Activity: 252
Merit: 0
September 12, 2018, 07:18:04 AM
coins can be lost at the exchange. There were cases of breakings of the exchanges. If you constantly trade, then there is no sense to remove from the exchange, but if you have just bought for long term, then it is better to transfer to a purse
full member
Activity: 616
Merit: 100
September 12, 2018, 07:14:16 AM
No, and again not, because all the money that you have on the exchanges lies on another purse and this purse is now not in your power, so it should frighten you already, I think it's normal.
jr. member
Activity: 434
Merit: 1
September 12, 2018, 07:08:14 AM
Coins on the stock exchange seem to me to hold dangerous, because very often they are hacked by hackers!
jr. member
Activity: 159
Merit: 2
September 12, 2018, 07:06:36 AM
Store on the exchange of a large sum is not exactly right, because the exchange is also hacked and there is a risk of losing your money. Keep there the bare minimum of coins or dollars, you need to day trade.
full member
Activity: 798
Merit: 101
September 12, 2018, 06:58:37 AM
Not very safe. It's best to put it in your computer's local wallet. This way I want to be safer, but you also need a virus yourself, and now the virus has stolen the password. Too much. Many people have been stolen. This is all because of the virus.
jr. member
Activity: 201
Merit: 1
GPTCash Weekly Airdrop: https://discord.gg/cujJP4k
September 12, 2018, 06:56:01 AM
I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.

i will tell some disadvantages of keeping coins in exchanges.
- there would be occasions where exchanges will delist coins, and if you own the coins and do not withdraw within time frame, then your coins are toasted.
- there would be exchanges who would scam people's money.
- there would be times where withdrawals are not done right away.  sometimes it will take hours or days.  when you needed your money, then you are in trouble.
- most exchange do not stake your coins.  if you own a pos coins, then you're out of luck.
full member
Activity: 2184
Merit: 100
SOL.BIOKRIPT.COM
September 12, 2018, 06:51:35 AM
It's risky to keep all your coins on exchange. In the recent time we heard many exchanges has been hacked So Keep that much coins only that you want to trade on exchange and rest of the coin keep safe in hardware wallet that is very secured. I am using trezor wallet to keep my coins secured.
member
Activity: 336
Merit: 10
September 12, 2018, 06:39:13 AM
You'd better wait, as there will be more profits and you will overtake your goal, it will still fire, remember my words. Wait and everything will turn out for you. Thank you!  Cool Cool Cool
copper member
Activity: 616
Merit: 0
September 12, 2018, 06:35:43 AM
I think hardware wallet is the safest way to protect coins because it is a powerful password manager and 2 factor (U2F) authentication device. I am using trezor hardware wallet to safe my coins. Keeping coins in the exchanges are not a good idea as exchange site is more vulnerable to be hacked than a wallet. So better to keep your coins in your own wallet.
member
Activity: 252
Merit: 13
September 11, 2018, 08:49:42 AM
Nowhere is safe enough Smiley Crypto exchanges are great option, such as Binance and Bittrex, but nobody can guarantee the safety of your funds. The most safe way is to get a cold Ledger wallet and to keep your coins there.
member
Activity: 209
Merit: 10
September 11, 2018, 08:31:10 AM
On the off chance that you intend to hold that coin for long haul venture for the better keep that coin in close to home wallet that you have claim control with the private key. Be that as it may, in the event that you reason to influence benefit from day or swing exchanging, no other decision you to need to keep all coins in return, and to limit the hazard utilize in excess of 2 diverse trade, and turn on all security highlights. Ensure you chooce great and genuine trade like Binance, Bittrex and Poloniex.
newbie
Activity: 53
Merit: 0
September 11, 2018, 05:22:39 AM
of course it's very dangerous if we keep coins in coin exchange. we better if we store our coins in our own wallet alone it's already guaranteed safe if we keep our coins in our respective wallets
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