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Topic: Is it safe to put the tokens on the exchange? (Read 2996 times)

sr. member
Activity: 420
Merit: 250
November 24, 2018, 12:17:58 PM
you can have multiple accounts on different exchanges.  and keep the coins there. in General, it is safe.
newbie
Activity: 97
Merit: 0
Guys is it safe to just put the purchased tokens on the exchange? cause i dont have a wallet in my android app. is it possible that it will be stolen? and claimed to be hacked? Am i doing the right way? Please can anyone help me. Thanks in advance.

It is never safe for you to keep your coins on any exchange. They are very prone to hacks and once the exchange gets hacked then you might very well lose your coins. The safest place that you can keep your coins is in a wallet where you have the private keys to because if you do not control the private keys to a coin then you do not own the coins.
full member
Activity: 854
Merit: 101
Guys is it safe to just put the purchased tokens on the exchange? cause i dont have a wallet in my android app. is it possible that it will be stolen? and claimed to be hacked? Am i doing the right way? Please can anyone help me. Thanks in advance.

I think putting tokens in exchanges is a safe option. Exchanges nowadays have done so much security measures to keep the assets of their users safe. Normally security is one of the most advertised features of exchanges and that it helps the industry upgrade token more secure.
member
Activity: 406
Merit: 10
I don't think thats a good idea. Exchanges sites are not actually made to store crypto or tokens. They are made for trading or exchanging. I think you should keep your crypto in a secure and reliable wallet which is made for storing crypto. Besides recently there are a number of exchange sites that has been hacked or compromised.
full member
Activity: 434
Merit: 100
☀️ Iskra Coin ☀️
so far it's safe. the important thing is to make sure you choose an exchange that is trusted and long. so far I have been trading on hitbtc, bittrex and liqui and are safe.
member
Activity: 299
Merit: 10
I think it's not safe. It is best to hold your coins in your wallet. More and more trading platform are becoming prey to hackers. In 2018 many of the exchange were hijacked. to safeguard your property. I think I should store them in my wallet and keep my private key carefully.
member
Activity: 254
Merit: 10
Of course you can leave, but you need to choose a good exchange, of course, for example on polonies or ku coin, you can safely keep and are not afraid
I would also advise not to keep everything in one exchange. We should split the assets among different good exchanges to reduce the risk of losing coins when the exchange is hacked.
full member
Activity: 812
Merit: 106
Well, if you rely on my experience for the year? I kept some of the money on MEW, and part on the the stock exchanges, those funds that were stored on MEW were stolen but what was stored on the crypto exchanges were preserved.
member
Activity: 430
Merit: 10
terra-credit.com
Nothing is 100% safe, this you should keep in mind. Wallets, exchanges, everything virtual can be hacked and leaked. So you should split your assets among exchanges and wallets to reduce the risk.
of course, I melkukan the Division of the assets I have. some crypto as bitcoin ethereum and I chose to keep it in my personal wallet. to some other crypto I put it on the Exchange because I usually trade crypto every day, so I keep menyimpat crypto assets I have in exchange. If the advantage that I can is enough, then I will move to the wallet.
full member
Activity: 439
Merit: 100
All exchangers have their own security measures, all of them are very secured so its safe and reliable But i still recommend you to have your own digital wallet, so if ever something bad happens to the exchange your coins will be safe as long as you don’t lose your private key.
You're right. No matter how secure the exchange is, there are hackers that one day will break their security and steal the money. It is possible. As well as wallet hacking is possible. We need to split between wallets and exchanges.
member
Activity: 392
Merit: 10
Nothing is 100% safe, this you should keep in mind. Wallets, exchanges, everything virtual can be hacked and leaked. So you should split your assets among exchanges and wallets to reduce the risk.
member
Activity: 279
Merit: 11
Xircus
It's a good idea to put token on exchange, but not all exchange, some exchange are scams, so be careful of exchange to put your tokens, it's at your own risk
When I would like to put a tokens in exchange site I immediately trade or just waiting for a good exchange. My strategy is to hodl if market unexplode ,I keep maintaining a good decision in order to avoid loss.
jr. member
Activity: 99
Merit: 1
All exchangers have their own security measures, all of them are very secured so its safe and reliable But i still recommend you to have your own digital wallet, so if ever something bad happens to the exchange your coins will be safe as long as you don’t lose your private key.
jr. member
Activity: 196
Merit: 1
Of course you can leave, but you need to choose a good exchange, of course, for example on polonies or ku coin, you can safely keep and are not afraid
full member
Activity: 658
Merit: 102
Guys is it safe to just put the purchased tokens on the exchange? cause i dont have a wallet in my android app. is it possible that it will be stolen? and claimed to be hacked? Am i doing the right way? Please can anyone help me. Thanks in advance.
Yes, it is safe to put it on the exchange, all exchanges have security measures to secure one’s investment, However it is more better to have a wallet such as Myetherwallet, Coinbase, etc. to be more secure and keep it safe. Remember just be more responsible with your private keys.
Yes, in principle, it is relatively safe to store your coins and tokens on the exchange, however, the burglaries of exchanges occasionally happen all the same. Therefore, before putting the tokens on sale on the stock exchange, it would be better to move them first to a new purse, such as MyEtherWallet, after having performed the necessary operations, again transfer the crypto currency into the main purse from it. Thus, you will have a guarantee that if your secret key is lit up on the exchange, it will no longer have any meaning.
sr. member
Activity: 420
Merit: 250
this is relevant to how much you have and how important for you. if you hold like a 1000 ethereum of course you should search for better option. but if you are a normal person who has a small amount you can put them whatever you want.
hero member
Activity: 888
Merit: 500
If it's between 3 and 6 months, I think it's safe for the top 10 exchanges, they make a lot of money every day. So I do not think they will scam and take away the user's coin
jr. member
Activity: 266
Merit: 1
I believe that nothing in this terrible there is no. Every normal exchange. Has its own security system. So it is possible to transfer and store tokens on the exchange and I do not see anything terrible in this. A hacker's exchange is harder to hack than your wallet.
member
Activity: 428
Merit: 12
you can keep your coins even on Mars, but if the scammers or hackers trying to steal your money then they will find a way to do it. Exchange no safer wallet and the wallet is not safer exchange
member
Activity: 490
Merit: 14
It is not reliable method to store your crypto, I believe there are better ways to do that,for example you can keep them on cold wallets like trezor
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