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Author Topic: Is Binance safe to store cryptos?  (Read 2753 times)
cryptoekn
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January 13, 2018, 08:12:20 AM
 #141

thats why wallet is there fr the purpose of storing cryptos
fxstrike
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January 13, 2018, 08:24:58 AM
 #142

if you have large holding you should consider much secure wallet option such like armory which you can have multi signature to secure your holding from being spend away so easily, be sure to try their system first and get acquaint with how their wallet works before you put in your cryptos there, because once it locked you may not have access to it

ProfitIsland
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January 13, 2018, 09:21:16 AM
 #143

I think binance is a safe market for selling, buying or storing your coins. what else has been equipped with two-factor authentication security feature.
so you do not have to worry to keep all your coins there.
It is will be more safety if you will use another laptop for markets and wallets.
ramzhies
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January 13, 2018, 09:25:44 AM
 #144

always use wallet rather than exchanges.. there are a lot of issues banning users for unknown reason
suryati
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January 13, 2018, 09:29:09 AM
 #145

So far binance is a safe market for altcoin, but it isn't recommended to use wallet exchangers to keep altcoins much longer in the long time, because something could happen, so the safest way to keep altcoins in the long time is a wallet that has a private key with good security like blockchain, myether wallet for altcoin which has etherum platform and waves.io for altcoin based waves. 
unsquidly
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January 13, 2018, 10:47:33 AM
 #146

They are a trusted exchange but it's not advisable to store all your wealth in crypto's there. Remember that every exchange is vulnerable with attacks and if you'll try not to follow that suggestion then you probably might at risk. Whenever you'll use binance or store crypto's there those coins should be good for trading not for holding.
tayyabdar
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January 13, 2018, 11:43:02 AM
 #147

Can anyone tell me if i can use a same wallet on my office PC and personal home PC??
I want to keep same coins in both computers, is it possible??
Tarima24
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January 13, 2018, 12:23:53 PM
 #148

Can anyone tell me if i can use a same wallet on my office PC and personal home PC??
I want to keep same coins in both computers, is it possible??
i prefer use only 1 computer, personal home PC, some of my friend have a office PC and his holdings hacked. so be careful, and activate 2fa for added security on your account.
enes2
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January 13, 2018, 01:46:15 PM
 #149

You should buy your own hardware wallet if you think a long term investment.

Mokel
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January 13, 2018, 02:36:25 PM
 #150

I think etherdelta is the safest of all exchanges, but I suggest you to keep your money in the wallet so it will be kept safely,
Mordvin
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January 13, 2018, 03:00:42 PM
 #151

the main password for the keystore and the keys don't Shine and everything will be fine.

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raymonddurk
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January 13, 2018, 03:04:29 PM
 #152

I would recommend keeping your funds off of an exchange and in your own wallet. While the odds of a hack are low it is much lower if your funds in your own wallet and even lower if it is in cold storage or on a hardware wallet.
vdiablo3
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January 13, 2018, 03:54:36 PM
 #153

Many people have already  said that Exchanges arent places for store crypto. They are used to trading. Keep your coins in cold wallets.
However Binance is a safe place and big exchange and a lot of people trade there without any problem.

Endorphinity
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January 13, 2018, 04:01:42 PM
 #154

Yes, it seems to me that Binance is one of the most reliable exchanges. But still, I would recommend that you do not keep all your money on the same exchange.

CryptoBuds
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January 13, 2018, 07:04:52 PM
 #155

I have been trading on this exchange for a long time and I really like it. There is a convenient interface, anonymity and two-factor authentication. I think that it is the best combination of factors for the a crypto exchange) As I know it's allowed to register there atm.

nata2904
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January 13, 2018, 09:45:48 PM
 #156

I think like everyone else for this topic, exchanges are not a good place to hold you coins.
ranz1123
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January 14, 2018, 03:26:44 AM
 #157

binance is a good exchanger and trading site but its better to have a hard wallet and dont store all your funds in trading sites for safety
misterjo
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January 14, 2018, 05:24:53 AM
 #158

the only truly safe place is your own wallet with your private key! ... but binance has good security

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vk8181
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January 14, 2018, 05:41:30 AM
 #159

Surely binance is one of the most trusted and reputed exchange in the market.. but still in feel it’s better to keep your coins in the wallet..as you said u have approx 600usd coin there..if u are a regular trader then I think you can keep that much coins there
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January 14, 2018, 08:36:24 AM
 #160

If you trade on the stock exchange every day, then you do not have the sense to transfer coins to a purse, but if you are a long-term investor, then it's certainly better to transfer everything from the exchange to a purse. So it will be more reliable!
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