fattycoins
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August 13, 2018, 12:28:35 AM
Last edit: August 19, 2018, 03:12:17 PM by fattycoins |
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I PERSONALLY THINK IT IS OK IF YOU DONT HAVE ACCESS TO IT IN YOUR PHONE BUT MAKE SURE YOU HAVE YOUR PRIVATE KEY AND IT SHOULD BE SECURE ENOUGH.MEANWHILE TRY TO HAVE YOUR OWN WALLET.
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Even in the event that an attacker gains more than 50% of the network's
computational power, only transactions sent by the attacker could be
reversed or double-spent. The network would not be destroyed.
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dangwapo311
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August 13, 2018, 12:32:29 AM |
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It is not a good habit or an ideal action to store your tokens on exchange sites. For me it is much better to store them on wallets where it is much more secure than those exchange sites. There have been reports of exchange sites getting hack lately so it is much better to store your tokens on wallets to avoid losing them.
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invoker666
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August 13, 2018, 12:37:38 AM |
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Depends on the stock exchange, for example on Binance the chance that you will be hacked is extremely small.
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gambitcoin53
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August 13, 2018, 12:45:52 AM |
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Of course,it is best to keep in your personal account in your wallet than on the exchange,as the exchange can close at any time and you will lose all your coins,so it is definitely best to keep the coins in your wallet,and on the exchange to display those tokens that you are going to trade
agree, it is like banks that uses your funds and when they screwed up, thats it, goodbye money, it is still best to have your wallet, you can have the power over your own funds, and play it by placing it to trading, tokens are somehow unstable, it depends on the trading sites if they can accept such token, even the stable tokens are not safe in exchange sites, one minute they are accepting you tokens and one minute, your tokens are worthless, better place it to more safer storage, that is your own wallet. just add more security features on your wallet like 2fa and unusual password. |
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renggileh
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August 13, 2018, 12:49:34 AM |
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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.
very unsafe, you should keep it in your wallet. The wallet is made to protect your coins, it will be very difficult to steal, but if in the market, I cannot guarantee its security. it's better that you immediately withdraw it |
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Casalania
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#SWGT PRE-SALE IS LIVE
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August 13, 2018, 12:53:01 AM |
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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.
no, there is no one suggest to put your invested token in an exchange, if you plan to hold it, its better to store it in a safe wallet. but if you do trading then its fine to store it on exchange. |
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Layers318
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CurioInvest [IEO Live]
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August 13, 2018, 12:54:08 AM |
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Exchanges are meant for temporary holding of coins for trading after which a user have to send them back to the original wallets. Exchanges are always under attack due to the huge amount of money passing there. Once the security of the exchange is breached, tokens are stolen from the affect wallets on the exchange.
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Lareina
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August 13, 2018, 03:11:06 AM |
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You can often see news that the exchange is being attacked by hackers. Cause the coin to be stolen. And sometimes the exchange uses coins in its own hands to trade.
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vederfreds
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August 13, 2018, 03:31:24 AM |
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Yes I have run hundreds of thousands through Binance and Kucoin. I can vouch for those 2. Never had an issue. Just keep in mind this is a bit more risky than going to the local bank.
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maromak
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August 13, 2018, 11:23:57 PM |
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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.
if you want to keep, please put it in the wallet. never think that exchange is a safe place, you can read news on the internet about exchange being hacked .. you can learn from that experience. however the wallet remains safer. |
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kiw_91
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August 13, 2018, 11:40:28 PM |
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The main idea of crypto currencies is a decentralization of money and payments. Thus in my personal oppinion, the best way to store you money/ crypto are wallets. Exchanges is only a medium of conversion. My oppinion in the future, that we are able to change between crypto currencies without the usage of exchanges, thus making the crypto fully decentralized. its just my 2 cents.
For now its better to store in your wallet and probably a small percent in exchanges for trading, buy, etc..
Smiley
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[ProTrader]
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August 16, 2018, 10:53:57 AM |
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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.
Exchange is not a safe place to keep your coins even if it has a security feature. Exchange is design for trading or exchange your coins. It is better to keep it in your own wallet and do a research on how to secure it. |
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Haynes
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August 18, 2018, 07:12:40 AM |
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Exchange is very vulnerable to hacking.
But if you don't have a hardware wallet like TREZOR and Ledger Nano, then maybe it's better to save it on the Exchange.
Keep monitoring the Exchange that you store tokens so that when something goes wrong you can save your token.
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diamdirumah
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August 18, 2018, 07:18:10 AM |
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May have to be more careful because saving money in exchange, of course, will be more at risk. And this news we often see that much money was stolen. Better you don't long saving your money in Exchange.
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doedz
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August 20, 2018, 03:39:14 AM |
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It's too dangerous to store tokens on the Exchange, especially foreign exchanges whose head office is far from your home.
Maybe it's better if the Exchange's head office is in your country, so when there is an error, you can go to the head office.
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nik9990
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First Islamic Crypto Exchange
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August 20, 2018, 05:12:01 AM |
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if you are going to trade constantly, it's better that they are on the stock exchange, if you just keep it and you can also on your wallet MEW
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btcyoda
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August 20, 2018, 05:17:06 AM |
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It is not good to keep coins in the exchanges but some exchanges will charge a high fee for withdrawing the tokens that's why many people keep their coins in the exchange but people who afraid will withdraw their token to concerned wallets.
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fakegurutu
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August 20, 2018, 05:20:32 AM |
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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 depends on what exchanges you are going to store your tokens. If the exchanges you have chosen has a reputation or something in a top 20, maybe its safe to say that your tokens will be guarded well as long you wont make a mistake in dealing in a certain transactions. |
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Thyristor
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August 20, 2018, 05:23:18 AM |
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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.
There are many fake exchange android apps in play store please justify using exchange android apps.Because most of the exchange released their official apps for android/ios user.You can put the token in big exchange then there is no risk.I used binance android official apps and it downloaded from their official website. |
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Gyromancer
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August 20, 2018, 05:28:38 AM |
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Actually it is safe if you store your crypto currency token in exchange. But I suggest you better make a wallet and save your crypto currency in the wallet. It will be safer and your mind will be calmer of course. I recommend that you keep your crypto currency in exchange if you have active buying and selling mobility in crypto currencies. You can store crypto currencies in exchange if you use them for trading.
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