Is it safe to put the tokens on the exchange?

[hanomnom]

Everything really depends on the specific situation. I use exchanges mainly when selling tokens. But I never keep them on stock exchanges for a long time, so that they do not stop supporting a certain token.

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[novie voresta]

Tokens are not safe at the exchanges. Because you don't have any private keys to the wallets. Using a hardware wallet is the only way to keep your tokens safe 100%.

[sumaneaiyandiya]

You will safe on the off chance that you will utilize mew or myetherwallet.com ,on the grounds that it is the most trusted and most secure approach to ensure your ethereum and ethereum based tokens which is erc20 tokens,use metamask expansion in the event that you will purchase those tokens from a dex or decentralized trades with the goal that you wont need to put your private keys physically on the grounds that you can be hacked,avoid those application and web wallet on the grounds that these wallets has more danger of getting hacked.

[Awrirem]

Numerous individuals consider such capacity as the most unsafe in light of the way that trades can be hacked. In any case, I all the time keep my cash on trades, since I can't help suspecting that I picked the most dependable of them. Furthermore I generally enhance my assets between 5-7 trades.

[Mofoblitz]

It is never safe to leave your tokens on exchanges. The only time that your tokens should be on exchanges is when you are ready to trade them for another coin otherwise they should be kept in your wallets to keep them safe. The worse thing that you can do for your coins is to leave them on exchanges, they are the least safe when you leave them there.

[Infracoins]

yes!..as long as the exchange you are choosing is with good performance..and really trusted one....there's nothing wrong about it I guess..

[Joriecoinbit]

yes!..as long as the exchange you are choosing is with good performance..and really trusted one....there's nothing wrong about it I guess..

I don't think so it is, safer to put tokens in exchange because now we're encountered dump in market in where it has a possibility to decrease the volume and it cause losses of tokens. I think it is much better to wait until the exploding on market .

[Bellex]

In my opinion you need to keep only a small part of your savings on exchange . Even if you set a goal to trade, it is better to do it on two or three exchanges. In this case, the risk of losing all your savings decreases.

[popey]

It is safe only if the exchanger has all the necessary means of protection. First of all, two-factor authentication.All top exchangers have this.

[surgical_duude]

It will be safest if you store it in MEW or hardware wallet. Recently, many exchanges site (Bithumb, Coinrail,..) have been hacked. So putting token on the exchange is very risky. If your account is hacked, the exchanges won't bear any responsibility.

[gilad215]

Keeping your tokens with a third party can never be safe more than keeping them with you. Everything on internet is at risk of hacking or breaches. So, if you are asking how much it is safe to keep token on exchanges, then many big exchanges who spend millions on security, can be trusted. But they all are prone to hack in one way or other. It is always advisable to keep your tokens in cold storage for added security.

[Milla Komani]

I try to keep all the coins in my wallet. But if there is time to bargain, then of course I keep the coins on the exchange. I basically trust the stock exchanges.

[Orangeko]

Yet I am new to this plan. But I do not think that it is worth keeping your tokens on the Exchange. The best place is to store them in your wallet , where they will be safe .

[hieuho381]

yes!..as long as the exchange you are choosing is with good performance..and really trusted one....there's nothing wrong about it I guess..

I don't think so it is, safer to put tokens in exchange because now we're encountered dump in market in where it has a possibility to decrease the volume and it cause losses of tokens. I think it is much better to wait until the exploding on market .

i think holding your token on exchanges can be a risk that we have to face before investing in that exchange, we all know an exchange can be easy to hack than an online wallet because  the developers always focus everything they have on security that will become better than other exchanges, but if you are a busy man, keeping tokens on exchanges is a good idea because it is convinient.

[Gorodcoin]

Just purchased tokens is better to hold on MEW or Metamask wallets (if we talk about ETH platform) or on the original wallets, because tokens could be suspended, or you will be surprised by huge withdrawal fee, or trading limit (minimum trade 100 tokens for ex.). Keep your earned tokens on the safe wallet (store keys on usb)

[shaonirfan]

My experience says that it is maybe safe to keep cryptocurrencys in exchange. But I think you should use a wallet for holding

[prechi]

If the exchange is one of the top-rated exchange, then yes, it is cool but if not, you shouldn't leave large funds there... after a trade, you can get it out. Don't forget the fact that wallets are best if you intend holding for long.

[cryptomadu]

I think it is better if you can save it in your own wallet. We have experienced several attacks on exchanges. Best thing will be hardware wallet.

[LJMAN]

Well, depends on the exchange. But generally it's safe. Just use the most famous ones.

[kyle999]

It's safe to put your token in exchange as long as your site is legitimate to exchange your tokens
 I think many people also complain about sites that steal their exchanger funds.