Topic: Coins kept in exchange, are they safe? - page 47. (Read 5685 times)
Dont keep your coins in an exchange they are more prone to hacking. Better keep it in your wallet it's always safe there.
Don't believe in exchange sites. Most of them are fake. You can listen to different opinions about different investors live.
I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.
Exchangers will be only safe depending on how long it was working, as of now i always prefer to invest on kucoin because i did not get any problem from it for a very long time so i think that you can count on that exchanger if you want to start investing.
I think keeping in private wallet or hardware wallet is safer then keeping in exchange.You may have heard about bithumb hack. so you should rectify you right now..
Do not store your money on exchangers, they are not intended for this. If you do not use them for a long time, your funds can freeze.
I see today the site called cryptofond in the forum. They have the shared the sign up offer link with the promotion but it does not work like that mate. It is not like the other exchanges seems like scam one according to my view.
Please review the any exchanges all the website they seems scammy one all the time.
Only wallet providers giving some secured concern to saving the fund on it.
I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.
Not at all. Instead, the risk of losing your coins might be even higher because you would never know what can happen to that exchange. Also, exchange is hacker's target anyway.
The exchanges it is not the safest way of storage in my opinion. There were situations when the exchanges were unexpectedly closed and people lost the large sums of money. I prefer to store tokens on MyEtherWallet e-wallet. It is considered in very safe way. But the safest way of storage are hardware purses. Trezor and Ledger concern them.
It is not recommended to use exchanges to store your cryptocurrency investments unless you are an aggressive trader. Exchanges are prone from hacking and it is the primary target of hackers
Coin kept in the exchanges are safe, but enable 2FA authentication. It will keep your coins safe. but it is better if you have a hardware wallet as it improved your security .
Keeping coins in exchanges is never really safe, even though some exchanges are pretty safe such as Binance, as I know there have been unsuccessful attempts so far. But it is way safer if you store your coins in ledger nano wallets.
I think it's safer to keep the savings in your offline wallet. No need to keep all the savings on the stock exchange. They get hacked from time to time. I doubt our deposits are insured.
Do not store your money on exchangers, they are not intended for this. If you do not use them for a long time, your funds can freeze.
I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.
I think it is safe. But there are also many cases exchanges are attacked by hackers. But I believe the exchanges will compensate us for stolen tokens. If you want to be more secure then you should hold your token on several different exchanges
I believe it is depending on how the security of the exchange is. Even some of the top ranking exchange got hacked even they got their 2fa enabled. To be safe make sure to still take some portions of your coins in a hardware wallet, use different passwords on every exchange account you have and always activate 2fa authentication.
Personally I feel that it is always better to keep it in a hardware wallet .If you wanna keep it in exchange do it when there is a swap and then move it to your wallet . Especially with all the hacks that's happening.
No one can give you this assurance. Recently two exchanges got hacked and I really feel unsafe after that. But don't judge all exchanges in the same way. There are still exchanges which will keep your coins safe. You will have to search for it.
I think binance has the best defense, I keep my money there and do not worry about them
Theres nothing on online world which security cant really be breached out no matter how good it is.You are absolutely right sir. That's why I use several exchanges and offline wallets.
If your goal is to hold the coin for long-term investment, it is best to keep the coin in your personal wallet with your private key control. But if your goal is to profit from daytime or swing trading, you need to turn on all security features.
I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.
We have seen it many times like hackers stole money from different exchanges. Recently 40 mln dollars in BTC was stolen. Though the responsible for that criminal is detained I don’t think that money will be returned.
Perhaps you might want to google "recent hack on exchanges" to get some good advice. Exchanges must be used only for trading as and when necessary. Leaving your funds in exchanges does not guarantee any form of protection.
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