If an exchange gets hacked

[dangful]

In fact, most of the time don't need to worry about this problem, because most of the tokens exchange on cold wallet for storage, so most of the time will not happen this problem, but if your tokens, stolen,  big exchange has all enough money to pay.

When big exchanges has a guarantee that all your Crypto Assets will be refunded in case of attacks then the better but in return their transaction fees are higher than any Coin Exchanges in the market.
I still prefer lower transaction coin exchanges because I don't usually set my tokens into their wallets for a long time. I just set them in when I am going to trade the same day.

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[syaripudin]

hack is a very serious issue that should be addressed by site siteexchange I think this should be a homework for the whole siteexchange for security around transactions in order to increase confidence in the exchange platform. I hope that problems like this will be resolved soon because of course the actions of these hackers will be very detrimental, especially for investors who make an investment with crypto currency.

[ShowOff]

I was just wondering about something. From time to time we see exchanges get hacked, with a big loss of Bitcoins for the customers as a result. However, I was wondering if the other coins and tokens you are invested in disappears as well? Let's say Ripple, Zcash, Monero etc.

from what i see, when exchanger get hacked in system and some coins are stolen, they refund the user's coin. don't know they really do it or not but i see like that. i never get case like that because i not save my coins/tokens in exchanger

[Asuka]

It depends on how do you protect your private key in wallet, if are a careless there's a big chance to hacked and get your asset. The best thing to do is don't put all your coins in one just in case that if hacked, there's another.

[Nebell]

For fuck sake!

The thread creator was asking if an exchange is hacked and Bitcoin stolen, then if other coins will get stolen as well.
A bunch of idiots joined in talking nonsense that has nothing to do with the question. Are you people illiterate? Can't read and comprehend simple questions?

My guess is no, but as one of the rare people who stuck to the topic said, it depends on the hack. Coinone was robbed of NEM and nothing else.

[Tipsters]

I was just wondering about something. From time to time we see exchanges get hacked, with a big loss of Bitcoins for the customers as a result. However, I was wondering if the other coins and tokens you are invested in disappears as well? Let's say Ripple, Zcash, Monero etc.

Yes it also disappears depending on the target of the hackers. No crypto is safe when an exchange is hacked. It is therefore proven that you must exchange or trade your coins as quickly as possible to avoid the chances to experience major problems. Also, use exchanges which are reliable and has many types of verifications so that you can gain money in a safer way.

[tachi641]

Yes, there may be many options as its the digital world and it can be hacked because it's the online platform and it's totally a virtual world.

[ridertiger]

It is usually the case that only one of the coins are stolen. It used to be bitcoin, so they stole that. These days, they steal whatever, but more likely privacy coins like Monero, or they steal something and convert it to monero.

[Bezobraznike]

I was just wondering about something. From time to time we see exchanges get hacked, with a big loss of Bitcoins for the customers as a result. However, I was wondering if the other coins and tokens you are invested in disappears as well? Let's say Ripple, Zcash, Monero etc.

Yes it also disappears depending on the target of the hackers. No crypto is safe when an exchange is hacked. It is therefore proven that you must exchange or trade your coins as quickly as possible to avoid the chances to experience major problems. Also, use exchanges which are reliable and has many types of verifications so that you can gain money in a safer way.

   As I know from reading here on forum exchanges have hot and
cold wallets for every coin they support, hacker hack this wallets
or just one. It is not safe to keep your coins in any exchange, that
is advice from all high ranked members on this forum.
   Until now I did not read that any hacker exchanget for hacking
exchange. Cause of that I think that most of this cases are inside
jobs, maybe I am wrong but until I see that some hacker is arrested
I will not change my opinion.

[Agozyen]

I was just wondering about something. From time to time we see exchanges get hacked, with a big loss of Bitcoins for the customers as a result. However, I was wondering if the other coins and tokens you are invested in disappears as well? Let's say Ripple, Zcash, Monero etc.

Yes, there is a chance any and all coins will be lost forever.  Any coin that the hacker can gain access to will be gone.  They won't leave anything behind unless they can't get to it.

[pitiflin]

If an exchange gets hacked and not it's wallets, then your information on that exchange would get leaked. If the hackers get access to the wallets, then whatever wallet has been hacked, then your money if its stored in the wallet will be stolen. Depends on what the hackers want to get access to. Some hackers hack exchanges/sites just for fun. They don't take users funds or any data.

[ItsEzMkay]

Well when NANO just got hacked last month on Bitgrail they said that it was only NANO (XRB then) and the rest of the funds are safe. I will believe it when I see the rest of my funds, up until then I obviously will have reservations on their character.

[junjunsalsalani]

If your exchanges wil lbe hacked all of those investments of yours will be vanished into thin air leaving nothing for your,you will lose everything and that will be unrecoverable if you put all of your investments into these exchanges,that is why it is not recommended to put big amounts of money in your exchange accounts so that you will be safe if anything happened.

[witch]

Well when NANO just got hacked last month on Bitgrail they said that it was only NANO (XRB then) and the rest of the funds are safe. I will believe it when I see the rest of my funds, up until then I obviously will have reservations on their character.

Yes always trust your own eyes only. But you can not really compare Binance with Bitgrail. Bitgrail was/is operated by a person who calls himself "The Bomber"...

[witch]

Well when NANO just got hacked last month on Bitgrail they said that it was only NANO (XRB then) and the rest of the funds are safe. I will believe it when I see the rest of my funds, up until then I obviously will have reservations on their character.

Yes always trust your own eyes only. But you can not really compare Binance with Bitgrail. Bitgrail was/is operated by a person who calls himself "The Bomber"...

Unfortunately Bitgrail is still not open. I am regreating very hard that I have not transfered my nano coins to a wallet.

[tamango]

all coins hold in an exchange can be stolen... so this is one of good reasons NOT to hold coins on exchange but store them on personal private wallet (better if hardware one like Ledger or trezor)

[Dart18]

For fuck sake!

The thread creator was asking if an exchange is hacked and Bitcoin stolen, then if other coins will get stolen as well.
A bunch of idiots joined in talking nonsense that has nothing to do with the question. Are you people illiterate? Can't read and comprehend simple questions?

My guess is no, but as one of the rare people who stuck to the topic said, it depends on the hack. Coinone was robbed of NEM and nothing else.

Why mad? 

There are targets for hacks. Have you seen the etherdelta hack? There are just picked tokens that are missing and they are ones who have a greater value. I bet hackers wont be taking any cheap coins since it will be a waste.
Beware of those kinds of exchange for they might have hacked themselves just to rob coins and you cannot do anything about it afterwards. There is no insurance in the crypto world. Say bye bye to it once its gone.

[faceoff97]

I was just wondering about something. From time to time we see exchanges get hacked, with a big loss of Bitcoins for the customers as a result. However, I was wondering if the other coins and tokens you are invested in disappears as well? Let's say Ripple, Zcash, Monero etc.

This is why I dont trust exchanges. You don't have the fulk control over your coin and it might be hacked anytime. I just place coin in an exchange when I only needed. I prefer to keep my fund on my own wallet than exchange. Also choose an exchange that is already well known and established. There were large exchanges out there that actually has a good security feature.

[torrantz]

For fuck sake!

The thread creator was asking if an exchange is hacked and Bitcoin stolen, then if other coins will get stolen as well.
A bunch of idiots joined in talking nonsense that has nothing to do with the question. Are you people illiterate? Can't read and comprehend simple questions?

My guess is no, but as one of the rare people who stuck to the topic said, it depends on the hack. Coinone was robbed of NEM and nothing else.

Why mad? 

There are targets for hacks. Have you seen the etherdelta hack? There are just picked tokens that are missing and they are ones who have a greater value. I bet hackers wont be taking any cheap coins since it will be a waste.
Beware of those kinds of exchange for they might have hacked themselves just to rob coins and you cannot do anything about it afterwards. There is no insurance in the crypto world. Say bye bye to it once its gone.

Etherdelta's hack caused by DNS changed by the scammer and this case was very similar to the scammer that puts phishing link when someone was opening etherdelta.

Are you nut? Etherdelta is using the privatekey method and hacker is only able to steal ethereum based tokens and ethereum token itself.

It's different with what already asked by OP. It looks like you are a part of those are not reading what question has been asked by OP properly. 

[lovemsngr]

There are three ways of continuation after it. First is that they will not return the money back, no matter what. Second is that they will be fair and will return the money, as it was their failure. And the last one is find hackers and return everything from them.