Topic: How safe is exchange? - page 4. (Read 2970 times)
Some of them are very secure and recognized, like localbitcoin, bittrex or crex24, those exchanges are pretty solid and nothing suspicious has been discovered... yet, anyway, my advice is always to save your coins in your own wallet, either buying your own S nano ledger or some other way to save your coins offline, just use the exchanges if you are going to trade a lot and try not to make them too big amounts, you never know what may happen and you can lose your coins easily.
we know that poloniex, binance, and bittrex is the exchange that is safe because they do their best to protect their member and as long as we can follow their suggestion, our account will be safe too. every exchange wants to give the best service to their customer and they work 24/7 to prevent the attacker. so I think you can feel safe to register on every site and you need to activate much protection way to make your account secure.
Exchange that has a good reputation will indeed reduce our anxiety and will increase our confidence to trade in the exchange. But still that the exchange has a high risk, to save assets in a very large amount, we better keep it offline wallet and move it to exchange when we need it. This is a choice because we have to reduce the risks that exist, the smarter we are in placing ourselves in a situation it will avoid us from the bad things that might happen. 
I f you want to hold for long time then safe your coin in your own wallet otherwise good exchange like Binance,bittrex,okex are the best option for short term holding.
we know that poloniex, binance, and bittrex is the exchange that is safe because they do their best to protect their member and as long as we can follow their suggestion, our account will be safe too. every exchange wants to give the best service to their customer and they work 24/7 to prevent the attacker. so I think you can feel safe to register on every site and you need to activate much protection way to make your account secure.
Some are safe and some are not safe. Before using anyone, do your research very well to know the genuine ones.
Everything will be safe, regardless if you are an idiot enough to make your account unsafe. Well as long as you have the ability to make secure of it and make a used of being responsible.
I think you are not worried about your exchange, because I believe that for us it is also very safe You can trade on the market, so you will also get more profits, seeing that the development of altcoin prices every day also increases better.
How to secure exchange? In my opinion, you should not put money on the exchange. You need to use private and offline keys to prevent hackers from attacking. When exchanging, need to select the large exchanges, reputable to participate.
how secure they guarantee there is dependably the likelihood that shipper reserves are in danger, we have seen and heard many hacked and shutdown trades so it is prudent to keep any measure of crypto for the long haul each merchant and financial specialist ought to think about it first. The trade is blemished and has shortcomings so the trade isn't anchor.
Yes, I also expect this, because these are new technologies that will please us. I really expect this, but I understand that this may not happen. In my opinion, one of the promising coins is Bitcoin, Ethereum, because they are the most popular and prosperous. 
Exchanges are really safe because they compensate for the damage in case of loss. Information about your attachments will not be leaked, as well as your keys
Put crypto on the unified trade isn't generally protected in light of the fact that the private key of our wallet is possess by outsider and this mean we dont have any control with our cash. There are as of now many brought together was get hack so extremely not protected to put coin on the trade. Will be more sheltered to put coin/token in decentralized trades like Waves stage and Idex on the grounds that they give the private key. What's more, we you need to exchange on the unified trade, for the preferable utilize more over 1 distinctive trade to be more sheltered.
I think cryptocurrency storage is the safest storage compared to other assets.
It's just that we need to be careful when logging into our wallet account, check first and make sure that the site we open is an official site, not a phishing site, and never give our identity or private key wallet to anyone.
It's just that we need to be careful when logging into our wallet account, check first and make sure that the site we open is an official site, not a phishing site, and never give our identity or private key wallet to anyone.
I advise that one should split altcoins on portfolio to many exchanges because an exchange may be hacked and when you split all altcoins you would have confident that even if by mistake an exchange is hacked, it would not affect all your crypto portfolio. I am talking from experience.
Thanks.
Thanks.
This risk is high enough to save every exchange of a large amount of money. It can be closed / hacked / scammed at any time. Exchange is never safe and no hacking in the past is not a good reason to save your funds there.
Exchanges are good enough to protect our funds by storing them in a cold wallet. They process any withdrawal request and send our funds back. It takes an expert to hack an exchange and these people can also hack our personal wallets if we mess up with things. It is better you don't make a mistake with your wallet.
I think we should not keep coin in the exchange. Let them in the wallet be safer. exchange should only be traded in small quantities
I always select the best and known exchange because they has strong security background like cryptopia, binance, kucoin, hitbtc and more, be sure to add 2FA authentication on your security because it is hard to hack.
Yeah, I trust the binance exchange, so I keep coins safe in the binance exchange wallet
it's better to chose big exchange ( reference on Coin market cap ) as Binance, Houbi, OKEx...it will ensure your money will not lost and if you face issue will has best support from exchange ( as deposit wrong address, withdraw ....)
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