Coins kept in exchange, are they safe? - page 19.

RedzoneASE

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Quote from: olacubic32 on June 15, 2018, 09:21:06 PM

I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.

In my opinion it is more riskier if you are going to put in your holdings in an exchange since according to my research many have fallen victims by loss holdings in their exchange wallet.

gaurav82

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Truly I have no experience of it. But I personally don't believe on this kind of exchanges.

I Like Bitcoin

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It is best to store coins on a special purse in a secluded place. If the exchange is decentralized, the level of security is certainly higher than that of an ordinary exchange.

True Vozer

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It is safe if you have a strong password and set up 2FA authentication with your account. You must choose big, good and trust exchanges to keep your coins and trade. OKEx, Binance, Huobi are some good exchanges you can trust.

Anita1873

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keeping coins in exchanges is not a good idea as any exchanges also can be hacked. Although if any exchange provides the 2FA security feature, then there no problem to keep your coins in exchange. But in my opinion, Hardware wallets are the best option to keep your coins safe. Hardware wallets are very high in security features and easy to use.

gulshan1

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Gulshan Bathla:
If any body keep coins in any exchange and put the authenticater as security feature then we can say that coins are safe otherwise without any security, there are less chance to keep safe your investment in the exchanges.

SubZer0

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exchange are safe for short term. If you just need to store your cryptocurrency longterm, that is you’re not planning on trading them anytime soon, you should keep them in a cold wallet. A cold wallet stores cryptocurrency offline, completely disconnected from the internet. This reduces the hacking risk online, as it takes your coins off the exchanges and out of the cloud. With a cold wallet, you can keep receiving cryptocurrency, but you can’t send coins until it’s connected.

nitin8263

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Coins are not exchange in exchange because there are most hackers are in world and they can hacked all coins very easily, when you coins kept in the exchange then you should use some security which no one can hack your account.

idioma1

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Keeping your money on exchanges also can be dangerous. i prefer hard wallet on my computer

shencaiha

newbie

Activity: 154

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I will not store my COINS in online resources, nor will I put them on exchanges for long. Because there are a lot of trading cases that have been hacked and lost a lot of money.

Ramzabeoulve

newbie

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With blockchain technology, do not worry about hackers. If you lose your wallet, that is you are not careful. Error losing wallet is due to you. No one can hack the wallet.

akihiro101117

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Quote from: olacubic32 on June 15, 2018, 09:21:06 PM

I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.

i do too! i just write my address and private key manually by pen and do not leave traces on my computer because there are instances that hackers are implanting viruses on your computer just like what happen on my friends

V1saya

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These exchanges especially the top ones surely have tough security. But if you guys are planning to hold a coin in years then it should be stored in your own wallets where the keys are in your hands.

genixye

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Your COINS will never be safe in any exchange, so it's better to put them in your hardware wallet and absolutely keep them better.

It would be wiser to keep a large number of COINS in one's own purse.

Impaler

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Exchange is not that much secure how you think. Official and hardware wallets are the safest place for holding a token. Exchanges are hackable and vulnerable. If you check some old news you can find many news like that. Almost every big exchange got hacked. Some big exchange are safe but no guarantee. And it's also upto you if you are a long time holder I will prefer a hardware wallet or a good official wallet. Like for ethereum based coin myetherwallet for Neo based tokens Neon wallet and so on. And if you are a trader I think exchange wallets are fine. So it's you but whereever you hold be careful.

SFMiner

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Protecting coins in trades are. I utilize Binance and a large portion of my coins are kept there cos I feel it is a sheltered decision. Don't simply impart your private data to anybody. Actuate the 2-factor confirmation framework if conceivable, and keep your login data available however protected.

LARSBAK

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Quote from: olacubic32 on June 15, 2018, 09:21:06 PM

I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.

I don't know, because I never kept coins in exchange. I always keep it in my wallet. my knowledge, exchange is not a place to store coins. exchange is not intended to store coins.

harm

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They are not excessively sheltered on the off chance that you abandon them on trade, there's few instances of trade being hacked and trade suspending individuals accounts without see previously, despite the fact that the possibility is low yet you ought not leave your coin there particularly if the sum is expansive. Keep your crypto on wallet where you claim the private key, figure out how to be cautious and things to maintain a strategic distance from on the grounds that that way you can make due for quite a while in crypto.

oneidentity

sr. member

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Only yesterday I read the news that the ccex exchange was hacked. So think yourself whether it is safe to keep your assets on exchanges. In my opinion, it is easier to keep funds on a cold purse.

Amalker

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Quote from: olacubic32 on June 15, 2018, 09:21:06 PM

I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.

I don't think, that keeping crypto in exchange is a good idea. In one moment you can lose all of your funds. Better take a look to hardware wallets like Trezor or Ledger.

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