I invested 10 ETH on the stock exchange YoBit. There is 0.1% each day. Income is not very big, but it is better than they would lie dead weight in your wallet. (I do not like to trade)
Yobit? I think you need to be more careful using that exchange site because alot of said negative comment was said lately in the community about the exchange. 
Topic: Is it safe to leave Altcoin in Exchange - page 7. (Read 1213 times)
personally I am doing daily trade and this is the only reason I leave my coins in the exchange if I were to hold them more than one month I would definetly move them to a cold storage.
There's a couple of security measures you can do to increase the safety of leaving your coins there, but if they're not being used for trading i would highly recommend you store it in their respective wallets.
I don't think you should do this. The only point in keeping crypto in exchanges is for trading, so if you don't want to trade or sell your coins, and you just want to hold them, then you are taking a lot of risks. Exchanges can have legal problems, like government bans etc, and can also have tech problems and be targeted for hacking. You could lose your coins, so it's much safer to keep them in a hard wallet. I have a small amount of coins in exchanges because I use them to trade from time to time, but the rest I keep on a wallet.
I wouldn't recommended, not just because of security, the possibility of an exchange getting hacked, but because I've been seeing a lot of exchanges changing their rules to where one must verify their identity, and won't let them move their money out once they do. If you had lots of money in their, then that could be a real issue.
exchange is for the exchange of coins only so if in my opinion more secure store in the wallet because it is to store our coins, save on exchange a lot of risk eg if the exchange is closed then we can not do much
and what happens if exchange gets hacked? 2fa does the job for you of securing but what if mt goax happens again?
It's not safe at all! Leaving your altcoins in an exchange is really not a wise decision. Especially if you have altcoins worth more than $5k there! Those exchanges are kinda prone to be hacked I think. I know it's a troublesome to withdraw back to your wallet and to exchanges, but It's better rather than losing your hard-earned money. We never know though. Better be safe than sorry.
I dont think so. Some exchanges are either hacked or getting down. Recently CE was down, for me it is scary especially when you are storing your coins there. Its best to pit it in your wallet, if ever your coin has wallet. Some wallet even has POS reward like SHND so its win win.
And what if I have all coins in my desktop wallet and some burglar just simply steals my computer from my appartment? Am I screwed?
There is always a risk, but exchanges are fairly safe.
It depends on the quantity, the altcoin and the exchange, there are exchanges that require the affirmation of their identity and identifications to large amounts of coins, in small amounts it is rare to give a problem, even so i recommend the hardware wallet, use exchange trading only to negotiate.
If you are planing to hold your coins for long term on a exchanger is too risky, the exchanger might close or vanish in the future. And if you are engage in daily trading men you have no choice. If you are planing for longterm keep your coin on the main wallet of your token or a hard wallet. There is some cases that some of exchangers got close because of caughting the owner of money laundering. You should be smart on holding your coins play well and safe.
Hi,
I want to earn interest on my coins (BTC,ETH,LTC) therefore I prefer to leave these in Exchange for funding purpose, however I have No plan to sell or exchange with other coin in near future.
I always keep my withdrawal blocked by changing password every 5th day.
Is it 100% safe to keep crypto's in exchange like Bitfinex or others with withdrawal locked ?
I want to earn interest on my coins (BTC,ETH,LTC) therefore I prefer to leave these in Exchange for funding purpose, however I have No plan to sell or exchange with other coin in near future.
I always keep my withdrawal blocked by changing password every 5th day.
Is it 100% safe to keep crypto's in exchange like Bitfinex or others with withdrawal locked ?
Don't put your all funds in exchange, because you don't know what happened to your fund if exchanger have some problems. I was get goxxed by Mt.Gox back in 2014 when I trust this exchange so much and enjoy doing trade there. I put all bitcoin fund there and nothing come back until now.
If you are not engaged in daily trading, it is safer to keep your funds in your own wallet. If your money is stored on the exchange, it means that at the moment you are not their owner in reality. Crypto exchanges are not banks.
Is only safe to leave your coins in your personale wallet, secured.
You never leave coins unattended.
But m sure, everybody here has some coins on an exchange. But then devided over some different ones
You never leave coins unattended.
But m sure, everybody here has some coins on an exchange. But then devided over some different ones
And why then need a crypto currency, if it is not for sale? I leave money if I'm going to trade the next day. I personally never lost anything.
Is only safe to leave your coins in your personale wallet, secured.
You never leave coins unattended.
But m sure, everybody here has some coins on an exchange. But then devided over some different ones
You never leave coins unattended.
But m sure, everybody here has some coins on an exchange. But then devided over some different ones
Money on the exchange isn't as safe as the money in your wallet. So you should keep most of your money in your own wallet. I think, a small amount of money can be left in the exchange .
It's never safe. NEVER! No matter how well known the exchange is, you don't have full access to your wallet therefor your funds are exposed to risks.
It's not safe at all but if you willing to risk alot of money in that exchange then better save it to a cold storage wallet or hardware wallet. or if you're lazy to keep that then choose other exchange that holding coins. but i warned you Altcoins exchange are very risky for saving funds.
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