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Topic: How safe is Fiat at the Exchanges (Read 487 times)

full member
Activity: 238
Merit: 100
November 08, 2013, 05:22:09 PM
#1
How safe is it to leave funds at the exchanges for a long period of time.
e.g., 10k sitting at the exchange at low bids for a long time.
Given all the news about BTC being stolen from wallets etc.. I know it is fiat and not BTC, but the hacker could easily convert the Fiat to BTC and take them out.
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