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Is it safe to put the tokens on the exchange?
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Topic: Is it safe to put the tokens on the exchange? (Read 3057 times)
jouns
Full Member
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Activity: 798
Merit: 106
Re: Is it safe to put the tokens on the exchange?
September 28, 2018, 01:16:06 PM
#421
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.
DarkHerO15
Member
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Activity: 254
Merit: 10
Re: Is it safe to put the tokens on the exchange?
September 28, 2018, 02:22:56 PM
#422
Quote from: Gryphet on September 27, 2018, 09:52:51 PM
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.
gabriela1999
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Activity: 299
Merit: 10
Re: Is it safe to put the tokens on the exchange?
September 28, 2018, 02:44:26 PM
#423
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.
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Leomarco
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Merit: 100
☀️ Iskra Coin ☀️
Re: Is it safe to put the tokens on the exchange?
September 28, 2018, 02:57:45 PM
#424
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.
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benjamin11
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Activity: 406
Merit: 10
Re: Is it safe to put the tokens on the exchange?
September 28, 2018, 03:01:30 PM
#425
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.
gwaposakon
Full Member
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Activity: 854
Merit: 101
Re: Is it safe to put the tokens on the exchange?
September 28, 2018, 03:01:46 PM
#426
Quote from: marksayson on April 07, 2018, 12:30:19 PM
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.
Ineedtopee
Newbie
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Activity: 97
Merit: 0
Re: Is it safe to put the tokens on the exchange?
October 04, 2018, 12:20:43 PM
#427
Quote from: marksayson on April 07, 2018, 12:30:19 PM
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.
goodluck0319
Sr. Member
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Activity: 420
Merit: 250
Re: Is it safe to put the tokens on the exchange?
November 24, 2018, 04:17:58 PM
#428
you can have multiple accounts on different exchanges. and keep the coins there. in General, it is safe.
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