Topic: Coins kept in exchange, are they safe? - page 22. (Read 5718 times)
Even more risky if you just put your coins in the exchange wallet. learn from the mistakes of others. Many exchanges were hacked and they did not return their funds. I think that depends on your intentions, if you trade and actively use your funds then save it there, but if you don't use it for the long term, I suggest you keep it in your own personal wallet for safekeeping.
It is just the opposite, keeping your coins on exchanges are risky as they can be hacked and you can do nothing to protect
your funds. The good thing is that top exchanges like Binance refund you when it happens. Exchanges are for trading not
for storing your funds so I keep only those coins on exchanges I am planning to trade with.
your funds. The good thing is that top exchanges like Binance refund you when it happens. Exchanges are for trading not
for storing your funds so I keep only those coins on exchanges I am planning to trade with.
Today, the security of cryptocurrency storage is provided by sufficient technologies. But understand the risks of such storage is necessary in any case.
I wouldn't do that under any circumstances.The most secure is a wallet (token) which is physically disconnected from the computer/Internet. julf has a 100% guarantee that it will not be hacked by anyone. In extreme cases, small amounts can be stored in online wallets.
This sounds very funny because almost on a monthly basis, we hear of one exchange getting hacked or another, when it comes to your private wallet, the only threat is hackers but if your funds are in an exchange, the threats are double because some exchange are not genuine and they can exit scam at anytime, happened to me with Bitpaction exchange, thankfully I had just about $150 there.
An exchanger can losing your money whenever they want, they are even more dangerous than hackers. You better keep it yourself, use a complicated password if you use web wallet or you can use hardware wallet for more security. You can not predict where hackers come from. 
You cannot guarantee that keeping your coins in an exchange will be a safe option as we have seen that lots of exchanges have been hacked. If that happens then all the coins of yours will be gone.
No not safe, any exchange can at any time disappear with your balances ! So try to keep all your coins on normal wallets.
Better to distribute your money in different warehouses. Only store a small part of the exchange, the amount you use in the transaction. Then, if you are afraid of hackers, keep your wallet. These are devices that are not connected to the internet. This will prevent hackers from stealing your coins.
It's not safe to keep COINS on the exchange because you don't have control of your wallet. So I usually only put COINS on the exchange when I trade them.
There is no security affirmation of letting our coins kept on any exchanger. Hacking circumstances in a couple of exchanges will cause similarly of losing our set away coins in their goals. On a very basic level, there is no genuine method to feel that we are completely ensured in crypto, it a portion of the time we've been hack as our very own result imprudence especially visiting unsecured areas tend to hack our private keys. It is more astute to check it before doing anything as their concerned is our private keys.
Quite safe, but it is necessary to take into account the exchange. It is best to use e-wallets to store cryptocurrency.
I wouldnt say so for 100%. Nothing is safe in crypto, you can loose all of your funds even after email and 2 factor athentification. There should be more projects related to crypto security
No they are not, people need to stop thinking this space is safe, we are years away from tight security. If somebody broke into a bank and robbed your money what would happen? now why is there no big deal made when exchanges or wallets are hacked and stolen
Exchange can be hacked. And the wallet can also be hacked, keeping coins in exchange is not safe we should keep coins only in hardware wallet for long-term. for exchange i hopefully, there is a new anti-hacker technology for the crypto wallet.
I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.
I think that's not a good idea for me keeping your digital asset in exchange wallet is not minimizing the risk since this platforms are high profiles and its like a magnet for Hackers. what if the Exchange was hacked and the amount stolen was huge enough and impossible to shoulder by the platform. this is just and example but not far from happening in reality. for me its better to use hardware wallet its more safe and sound.
In short, I do not think that the tokens or coins that you leave on the exchange have the property of being safe, because it is exactly such situations that are very strange when an event occurs that moves prices higher or lower and immediately ceases to be available the trader's office.
I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.
Keeping you're coins in an exchanges is not a good idea , Since there's a lot of exchanges now is being hacked by hackers, Just keep you coins in a secured wallet wherein you can only access. 
Not a good idea keeping your coins in an exchange. To minimize the risks keep in a safe wallet wherein it cannot be hacked by others. The most important is keeping your private keys since hackers are everywhere. In an exchange I am not confident to keep coins since anytime it can be hacked.
Yes, keeping of coins on exchange site is not secure and no wallet is safe either if the wallet owner don't know how to set his/her browser, the email which should not be open and the anti virus ought to be use. What I'm try to say is that no wallet is safe if no human/user errors are avoid.
There is no security confirmation of letting our coins kept on any exchanger. Hacking situations in a few trades will cause likewise of losing our put away coins in their destinations. Fundamentally, there is no real way to feel that we are absolutely protected in crypto, it some of the time we've been hack because of our own carelessness particularly visiting unsecured locales tend to hack our private keys. It is smarter to check it before doing anything as their concerned is our private keys.
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