Topic: Is it safe to put the tokens on the exchange? - page 7. (Read 3036 times)
A significant number of this thing are doing of those individuals which is insightful. On the off chance that they think wallet from outside trades are not reliable, they store it in business sectors. I concur with this dids mate yet ensure before putting away it in a few trades, ensure that its a safe market.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
so far, I don't have any problem to save my tokens on the exchange because I activate 2FA, email verification, and text-message verification before I can log in to the exchange. and if you can do like what I do, I think your account will be safe and you don't have to worry about the attackers. but you have another option to save your tokens or coins to your own wallet and if you cannot install the apps for your android phone, then I think you can search the desktop wallet that will allow you to save your coins.
It's ok to put your money in the exchange as it is very easy to transact if you wanted to. It's safe but not that safe. You can put store it as well on online wallets. But the safest place to put your token is hard wallet. This is the most secure wallet for those who's trying to break-up accounts (hackers). But the problem sometimes, it's not safe from you. Because of you lost your wallet, then that's it you lost your token. So be careful. Regardless of what you use. There are always risk, just be careful on everything.
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.
In order not to regrets nor blame yourself for whatever decision you made in your tokens, better secure it first, as they say..better be safe than sorry... you might as well put your token in a more secure storage that only you knows rather than put it to where there is possibility of being hacked..
I think storing your coins in exchanges can bring you some security problems. I am using myetherwallet to store my coins and I think this is a better way than storing them in exchange.
Exchanges are needed only for trade, it is better to store all your tokens on cold wallets. But I have not bought a Ledger yet and I keep some of my tokens on the Qryptos exchange (she has a very high level of security)
No, it's dangerous! Keep on the stock exchange only those funds that you trade, if you do not trade at all, the best place to store your tokens is a cold wallet. The exchange can close at any time, it can be hacked and you lose all your money. Do not do this.
its centralized exchange at the end .. no one guarantee it cant be hacked .. so if you are daily trader keep that amount on exchange and put rest of them to a ledger or private wallet ..
It save but choose the right website then sell it. But before buy and sell. Etheruem is important of the transaction process. So hold save the etherreum. Then sell it. But if have best token. Don't sell it. Hold the long time and best token any time to increase the price. So wait for that time. Then exchange it. So choose the best token then invest and wait for the price increase. Then if want to sell then sell it. But check the price before sell. This information help time to sell and time to get the more profit.
its centralized exchange at the end .. no one guarantee it cant be hacked .. so if you are daily trader keep that amount on exchange and put rest of them to a ledger or private wallet ..
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.
no, it's not safe since it could be hacked
better to store them in ledger or another cold wallet
no one, not an exchange can ensure safety for you
Although, i keep some of my tokens on exchange and i choose the exchanges i save on. In doing that, i ensure to put every necessary security measure in place, most especially the 2FA factor. Most accounts thatgot hacked on good exchanges, did not activate the 2FA factor as a security measure.
It is not also about having a wallet on your android. The best way to keep your coins safe, is by saving them in hardware wallets.
It is not also about having a wallet on your android. The best way to keep your coins safe, is by saving them in hardware wallets.
If the exchange is one of the top-rated exchange, then yes, it is cool but if not, you shouldn't leave large funds there... after a trade, you can get it out. Don't forget the fact that wallets are best if you intend holding for long.
If you do not trade in any kind of coin and do not plan to trade it in the near future, it is better to withdraw it from the exchange to your purse. So it's safer. Even the most famous stock exchanges are hacking and they can steal your money.
It all depends on the exchange but Personally i would advise tokens should be kept in a wallet the exchange could be hacked at anytime your wallet so its best kept in your wallet like an offline wallet would be better
You can send tokens to the exchange and it will be quite safe. If you compare the security of ordinary wallets and exchanges, then they are approximately on the same level.
It's safe to put your token in exchange as long as your site is legitimate to exchange your tokens
I think many people also complain about sites that steal their exchanger funds.
Well, depends on the exchange. But generally it's safe. Just use the most famous ones.
I think it is better if you can save it in your own wallet. We have experienced several attacks on exchanges. Best thing will be hardware wallet.
If the exchange is one of the top-rated exchange, then yes, it is cool but if not, you shouldn't leave large funds there... after a trade, you can get it out. Don't forget the fact that wallets are best if you intend holding for long.
My experience says that it is maybe safe to keep cryptocurrencys in exchange. But I think you should use a wallet for holding
Just purchased tokens is better to hold on MEW or Metamask wallets (if we talk about ETH platform) or on the original wallets, because tokens could be suspended, or you will be surprised by huge withdrawal fee, or trading limit (minimum trade 100 tokens for ex.). Keep your earned tokens on the safe wallet (store keys on usb)
Jump to: