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Topic: NEVER KEEP CRYPTO TOKENS ON AN EXCHANGE WALLET - page 2. (Read 160 times)

jr. member
Activity: 150
Merit: 2
While I keep my major coins on hardwallet, but the token needed to trade on daily is kept on an exchange so that the deposits and withdrawal fees will be minimize
full member
Activity: 504
Merit: 102
It is always risky to leave behind crypto tokens in exchange wallet.


https://medium.com/@sibi.jonny/never-keep-crypto-tokens-on-an-exchange-wallet-63387f4019c6

We know that, but for sure we need to take those risk. Sometimes having a FIAT is more secure than having any tokens at all.
member
Activity: 280
Merit: 10
As for me, I only keep a not so big amount in exchanges that i regularly trade to minimize the risk if in case something uncertain happens. Its much better also to do trading at renowned exchanges like binance or kucoin;  much safer than trying out new exchanges.
full member
Activity: 350
Merit: 100
Of course it is always risky to leave your coins or tokens in any exchange or online wallet you dont have access to its private keys, in this case, you aren't really owning those coins and you can lose them anytime for whatever reason (scam, hack..). Use the wallet which you have access to the private keys.
jr. member
Activity: 49
Merit: 2
It is always risky to leave behind crypto tokens in exchange wallet.


https://medium.com/@sibi.jonny/never-keep-crypto-tokens-on-an-exchange-wallet-63387f4019c6

Quite informative article,  before now I had been hearing from people keeping coins in an exchange is very risky but don't really understand the reason behind it.  Reading this article have gave me insightful information on why is not advisable keeping cryptocoins in an exchange.
you dont need to deal with the hassle sending your tokens to the exchange if you keep it on exchange. watch them cry if the exchange get's hacked they will blame the exchange.
Yeah right what you said ..
I am here just reading and understanding of the article. . . thank you ..
hero member
Activity: 1232
Merit: 503
It is always risky to leave behind crypto tokens in exchange wallet.


https://medium.com/@sibi.jonny/never-keep-crypto-tokens-on-an-exchange-wallet-63387f4019c6

Quite informative article,  before now I had been hearing from people keeping coins in an exchange is very risky but don't really understand the reason behind it.  Reading this article have gave me insightful information on why is not advisable keeping cryptocoins in an exchange.
you dont need to deal with the hassle sending your tokens to the exchange if you keep it on exchange. watch them cry if the exchange get's hacked they will blame the exchange.
jr. member
Activity: 116
Merit: 1
It is always risky to leave behind crypto tokens in exchange wallet.


https://medium.com/@sibi.jonny/never-keep-crypto-tokens-on-an-exchange-wallet-63387f4019c6

Quite informative article,  before now I had been hearing from people keeping coins in an exchange is very risky but don't really understand the reason behind it.  Reading this article have gave me insightful information on why is not advisable keeping cryptocoins in an exchange.
newbie
Activity: 4
Merit: 0
It is always risky to leave behind crypto tokens in exchange wallet.


https://medium.com/@sibi.jonny/never-keep-crypto-tokens-on-an-exchange-wallet-63387f4019c6
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