Exchangers Are safer then Banks and wallets

[lienfaye]

Exchangers like binance Are safer then banks and walllets.
Becouse If something happens they always refund losses.

You think exchanges are safe because they always refund losses incase something happened? Don't be too confident. Don't wait to experience the worse before you realize your mistake for having such belief. The best is to store your coins in a wallet that you have full control since you're holding the private keys. That will give you assurance that your assets are safe.

[QueenVera]

Exchangers like binance Are safer then banks and walllets.
Becouse If something happens they always refund losses.

You think exchanges are safe because they always refund losses incase something happened? Don't be too confident. Don't wait to experience the worse before you realize your mistake for having such belief. The best is to store your coins in a wallet that you have full control since you're holding the private keys. That will give you assurance that your assets are safe.

He might realize it too late, exchange would seem safer now but wait until they go bankrupt and are not able to pay you then you'll realized what a horrible mistakes on your path for trusting exchange platforms. Cryptocurency is an unregulated market and people can go away with doing horrible things. Nobody will be held responsible if they can make the crime not look like it was their fault.
We have seen countless of times when projects run away with investors funds yet nothing was done about such situations instead they were just speculation of arrest of the CEO but soon or later the whole issue dies down and things continue like nothing ever happened.
If you want to be guarantee of the safety of your coins then be incharge of them yourself instead  of trusting a third party to safeguarded your investment for you. Centralized platforms are the worst places to safeguard your investment whicyyan exchange is a popular example.

[Silberman]

Exchangers like binance Are safer then banks and walllets.
Becouse If something happens they always refund losses.

You think exchanges are safe because they always refund losses incase something happened? Don't be too confident. Don't wait to experience the worse before you realize your mistake for having such belief. The best is to store your coins in a wallet that you have full control since you're holding the private keys. That will give you assurance that your assets are safe.

That belief is what it is causing so many people to store their coins at exchanges thinking not only that their coins are safer there but also that they can get them back in the case something bad happens, but now we are seeing that this is nothing more but an illusion, when the exchanges get in trouble they will do everything they can to protect themselves, and if this means appropriating the coins of their customers then that is exactly what they are going to do.

[adzino]

You are so wrong and preaching the exact opposite of what people are trying to preach. No, exchange wallets aren't safe. Binance isn't safe either. Read the news and you will see that the CEO of binance himself is encouraging people to keep their funds in their own wallet. Not to store it in an exchange. No matter how much safe the exchange says they are, they aren't safe enough to fully protect your funds and take complete responsibility in time of disaster. The same people like you thought it was safe to keep their funds in the exchange and ended up losing everything they had!

[Wakate]

Exchangers like binance Are safer then banks and walllets.
Becouse If something happens they always refund losses.
Binance have done this many times and i know there someone to watch over my wealth.
Private wallets they can be hacked but nobody dont refund.

We live of generation of refund, in crypto main thing Are refund what i did learn about.

I know there are some exchanges that is very strong and it will take a lots of efforts for it to be hacked again. We know that Binance had been hacked before so they would have learnt from their mistakes and taken drastic actions to make their exchange strong mer than the way it was before.

Just because some exchanges had been having some problems making them to crash out does not mean that every other exchanges will crash too. What we should be more conscious about is is leaving our funds on exchanges with having other plans in case anything happens the exchange. Keeping coins in wallet that you have control over is better than leaving the funds in exchanges which could lead to big loses if hacked.

[jrrsparkles]

Exchangers like binance Are safer then banks and walllets.
Becouse If something happens they always refund losses.
Binance have done this many times and i know there someone to watch over my wealth.
Private wallets they can be hacked but nobody dont refund.

We live of generation of refund, in crypto main thing Are refund what i did learn about.

Binance managed to refund the lost funds due to hacks a couple of times but it doesn't mean that they can be able to refund loss everytime and to realize simply use your common sense, how can an exchange return fundd to user when they lost all their money due to hacks. And Binance is the only exception because all other exchange which got hacked never returned any money in my knowledge so be your own bank instead of choosing someone to trust with your funds.

[BD Crypto]

My opinion is fully different from you. Because any custodial wallet can't be a safe place for any cryptocurrency. Because "not your keys not your coins" is the truth in crypto. I think there are many safe crypto online wallets like exodus are much safer than Binance or any other Crypto Exchange.
We should move our principal assets in a safe wallet and that may be a Hardware wallet also.