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Topic: Coins kept in exchange, are they safe? - page 8. (Read 5718 times)

member
Activity: 182
Merit: 10
September 27, 2018, 06:13:29 AM
Coins are extremely never safe anyplace... Simply the manner in which wallets get hacked, trades encounter hacking as well. There are likewise trick trades out there who stops to exist quickly an enormous total of individuals have stored vast measure of coin to their trade.. The best coherent thought is spreading your advantages in various wallets and just store in trades coins you wanna exchange in a flash...
member
Activity: 574
Merit: 11
HiveNet - Distributed Cloud Computing
September 25, 2018, 11:22:53 PM
Coins are stored in Exchange had a very big risk. Better when storing the coins in Exchange is when you want to sell it. And save in the wallet with the means of supporters such as Myetherewallet is very safe. And you have to keep your private key, do not let other people know about it.
full member
Activity: 926
Merit: 100
September 25, 2018, 11:01:33 PM
I think that is a very high risk. It is better for you to store the coin cryptocurrency that you have in your wallet that has supporters to be able to store all available cryptocurrency and do not let you store your cryptocurrency in the place of exchange because this exchange is often stolen from hackers.
jr. member
Activity: 342
Merit: 4
LUCRETOKEN.COM
September 25, 2018, 10:31:07 PM
safe or not may depend on the exchange used to store, but I suggest to save coins in the wallet just to be right in choosing a wallet and who must definitely choose a safe wallet and seldom circulate the selected wallet hacking news.
member
Activity: 633
Merit: 11
September 25, 2018, 10:05:20 PM
I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.
CoinEx was hacked I forgot the date when was happen. But all DOGECOIN was gone and all investor was crying alone. So make sure that exchange was very secured we cannot assured our money on the exchange but it depend this situation to ourselves. If you kept your money/coins or exchange better to Huobi, Binance, oKex etc. That was very secured exchange.
jr. member
Activity: 121
Merit: 5
Staker.network - POS Smart Contract ETH Token
September 25, 2018, 10:01:14 PM
No! Never ever leave coins or token inside an exchange. Incase they're hacked or they suddenly scam people. You wouldn't able to save your crypto.
newbie
Activity: 18
Merit: 0
September 25, 2018, 10:00:14 PM
I think at the present time, with the coin you are storing it on cold wallets and hot wallet, it's hard for hackers to get in and get the coin. For now, developers have made their cryptocurrency cryptography more intelligent and secure than ever.
jr. member
Activity: 420
Merit: 1
September 25, 2018, 09:47:19 PM
For me, if you store your assets or your coins in your wallet and exposed your credentials, you are a possible victim of a hacker, also applies in the exchange when you expose you credentials also. Best is to make a separate wallet and store it in a cold storage.
copper member
Activity: 238
Merit: 1
GDZKVBV3L3JU5TFDBWMUMPZAHD3OSM2I3TAJRWPG7KU5U4UZCI
September 25, 2018, 09:20:08 PM
Having a cool wallet is the best to go about saving our coin but some exchange are little cool too to save coin and it's not advice to leave token in exchange for long cause you don't have full control of the wallet and anything could happen which might end up letting you loose all your coin so my advice is to save in a cool or hardware wallet where no one can access your private key.
jr. member
Activity: 294
Merit: 1
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
September 25, 2018, 08:22:20 PM
to talk about risk from hackers first you might want to secure where you access your platforms, after than it is best to check or coordinate to the people who manage the exchange platform. It is best to ask them what ate you looking at when you keep your coins with them and hold.
jr. member
Activity: 179
Merit: 6
Infleum
September 25, 2018, 08:15:42 PM
It depends on the exchange... but it seems like every couple of months there's an exchange hack so I don't know why anyone would assume their funds are safe there. Or an exchange could turn into an outright scam. Or your personal exchange account could get hacked.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
September 25, 2018, 08:12:22 PM
I was taught as a newbie never to save my coins in exchange except the coin has no external wallet or I am trading with it.... When not trading, all coins should be out of the exchange....though external wallets can also be hacked but exchange is less safe
That's the right thing to do, it is better to save in a hard wallet as it's less risky.
Hackers will be more interested in hacking exchanges knowing more people are still putting their investment in an exchange, we should be wise
and learn to safeguard our assets because this is our future.
sr. member
Activity: 854
Merit: 250
September 25, 2018, 08:01:18 PM
Of course not, if the coins are not in your wallet, they are not safe. The exchange can be hacked, the exchange can appropriate your funds and then say that it was hacked. There can be many options, so do not keep a lot of assets on the  exchange.
jr. member
Activity: 336
Merit: 1
Improve your mode of payment with crypto
September 25, 2018, 07:48:20 PM
I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.
Keeping your coins on exchanges only raises your risk of getting attacked because exchange sites are always under attacks due to the huge sums of money that can be looted. Exchanges are just for temporary storage of coins.
full member
Activity: 360
Merit: 100
September 25, 2018, 07:44:04 PM
I never store considerable measures of crypto on trades. Predominantly, I keep there those alts and tokens which I am hoping to develop in cost in the closest future so I can without much of a stretch fix my benefit. It is constantly fitting to abstain from keeping coin on the trade in light of the fact that most these trades particularly the decentralized ones are effortlessly inclined hack and will prompt will lead of benefit and the likelihood of getting an arrival is extremely thin.
copper member
Activity: 308
Merit: 1
September 25, 2018, 07:06:09 PM
I was taught as a newbie never to save my coins in exchange except the coin has no external wallet or I am trading with it.... When not trading, all coins should be out of the exchange....though external wallets can also be hacked but exchange is less safe
member
Activity: 626
Merit: 10
September 25, 2018, 05:38:40 PM
I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.
Don't give your full trust to exchange that your funds will not gone because once the exchange got hack al your coins will be gone too. Use wallet that secured like hard wallet and ledger/trezor so your coins will be really safe.
full member
Activity: 2576
Merit: 205
September 25, 2018, 05:36:50 PM
I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.


It's depends the exchange do you use?
But better to keep your coins in very trusted coins storage with have strong security keys
But if are use your coin for your trading job no need to worry about the safety of your coins becuase you can monitor every now then.
I suggest use the trusted exchange try nexybit platform to avoid worry
hero member
Activity: 1498
Merit: 586
September 25, 2018, 05:29:48 PM
You know ive heard so many stories about coins being stolen from exchanges, but could be not true for all exchanges. Still the best way to avoid theft is as much as you can, store it in your own wallet.
Thankfully, it's rarely to hear about that in this year. See that exchanges place is so many right now, so there must be a few of them that have low security levels. Besides that, user also make mistake because she does not store their personal data such as passwords properly. So I think everything is not due to the fault of the exchanges, user error also need to attention.
Yes some of them are safe but make sure your exchanges is trustworthy because not all exchanges are created equally, so I suggest be careful of choosing coin exchange. Also not only to coin exchange but also in choosing wallet, if you want to kept your coin to it them make a password that difficult to guess so it will hard to hack. Where ever you kept your coin as long as you have strong password your coin is safe.
full member
Activity: 966
Merit: 111
September 25, 2018, 05:29:34 PM
It is very good if you save money in the wallet on Eerc20. Of course it's very risky. So if you save in freedom I feel very safe.
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