Is it safe to put the tokens on the exchange?

[Desscount]

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.

safe, as long as you are always active. I think you only need to activate the exchange security so that no one can access it other than your own.
During this time, I keep some altcoin that I trade in some exchanges. everything is no problem

[bit-freedom]

I don’t think it is safe to keep your coins in exchanges for the long term. It is better to keep your coins in official wallets or hardware wallets.

[Mypanara19]

As long as you enable all the security feasures with your account in any exchange I think it's just fine and it would not be hack. Enabling the 2fa and security questions is the  the safest and the best way we can do to protect our account and our crypto assets in it.

[triclinics21]

I trust big stock markets like binance, I keep it safe there.

[AgentZero23]

Don't put your coins in the exchanges if you don't trade them. Because it the exchanges is comprised all of your funds will be lost. Only put your coins for holding in MEW or other wallet that you have your private key. But if you want to hold your coins in exchange it should be in Binance because its much safer compared to other exchanges. But always have cautious and protect your funds.

[LGD2Business]

If you don't trade actively then withdraw all your tokens, never hold your long term tokens in exchanges. This is simple and most powerful security you can do alone. You should not trust any of the centralized infrastructure. Even the best exchange platforms got hacked or turned to scam in history.

[JohnWick_Bitcoin]

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.

Yes it is safe to place it on your exchanger because the security is good if most of the people are relying on it so before you choose the market to place your coins then always ask reliable person in order to evade problems in the future.

[Caesar-Giulius]

No, it is not safe to store your purchased tokens in the exchange. You will never know when the exchanges will have problem or closed down.

[Akeeto]

its never safe to store tokens or bitcoin on exchange... i now of a friend who lost a total of 19 bitcoin after making such mistake

[k-west]

Not so safe but I keep some amount of my  short-term coins on a few exchanges,I dont wanna transfer small amounts every day to MEW and back again,paying quite big fees to exchanges.

[yaoye0o]

 If you are trader, you need to put coins on the exchange wallet for easy trading. However, if you hold for a long time investment just store in your personal wallet ,because it is not easy for trading ,you will not sell them easy.

[altcoinhunter01]

It is totally safe to put your tokens on the exchange if they have all security safety measures like 2FA which can not be cracked.Always keep your private key in safer place and never share it to any one in any circum substances.

[stomachgrowls]

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.

Never ever leave your coins on idle on a certain exchanger unless if you are actively trading them then putting them on exchanger would be an advantage since you can able to make fast trades since the tokens are just on the wallet but if you bought a coin and tending to hold for long term then it would be much better to store it on a wallet on where you do posses its private keys.Each coins do have its own platform been used and it do really have an specific wallet or storage.

[k-west]

Putting your tokens on any exchange is always a little bit risky but if you trade on solid famous exchange like Bitfinex or Binance, that's ok,you can trust them.

[Everglow]

In many situations, it'd safe if you store your asset on Exchange despite of Wallet, for Example is MyEthereumWallet, which you can lost all with a Private Key. Exchange will give you 2FA-Authenication, it's very secure. Further more, if your coin have a big price fluctuation, you can sell or buy faster.

[Thefrolly]

It is never safe to put your tokens on exchanges and any one saying that it is OK to put your tokens on exchanges doesn't knows what hes talking about. Exchanges are getting hacked on regular basis and no exchange is safe from a hack and putting your tokens on exchanges is foolish and you should withdraw your tokens as soon as you but them.

[boty]

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 the token you have in the market that has a trust and has a very high trading volume of course safe to do token transactions transit to the place of exchange. before sending the token you should prepare ethereum at the sender address used for fee (gas).

[alexzorgo]

Security problem in the world of cryptocurrencies on the first place. Every month report about the large stolen sums.
Therefore upon purchase at the exchange of a significant amount of tokens or acquisitions of tokens for long-term investment it is necessary to remove tokens from the exchange on own wallet.

[jaggijagjit]

If your exchange will provide you all the security features like 2FA and you enable or turn on your 2FA security features then it will safe to put your coins on exchange otherwise you can safeguard your coins from hackers with hardware wallet.Hardware wallet is the best wallet to safe your coins.

[BADBITCH]

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.

Yes it is very safe to do that
All you have to do is secure your account with 2fa and keep your phones off from strangers
Then you are all safe

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