Bitcoin Forum
May 02, 2024, 07:52:37 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: NEVER KEEP CRYPTO TOKENS ON AN EXCHANGE WALLET  (Read 153 times)
alexey14
Jr. Member
*
Offline Offline

Activity: 217
Merit: 6


View Profile
June 05, 2018, 03:44:55 PM
 #21

if you dont, than u cant trade.
Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714636357
Hero Member
*
Offline Offline

Posts: 1714636357

View Profile Personal Message (Offline)

Ignore
1714636357
Reply with quote  #2

1714636357
Report to moderator
1714636357
Hero Member
*
Offline Offline

Posts: 1714636357

View Profile Personal Message (Offline)

Ignore
1714636357
Reply with quote  #2

1714636357
Report to moderator
careCentre
Newbie
*
Offline Offline

Activity: 149
Merit: 0


View Profile
June 05, 2018, 03:49:27 PM
 #22

Definitely, it is always risky in fact very risky to leave your coins or tokens in any exchange or online wallet which you don't have access to its private keys, in this case, you aren't really owning those coins and you can lose them anytime for whatever reason (scam, hack..). Use the wallet which you have access to the private keys which is quiet safer.
evanstinger
Jr. Member
*
Offline Offline

Activity: 123
Merit: 1


View Profile WWW
June 05, 2018, 03:53:34 PM
 #23

Yes, of course.
Letting anyone hold your coin in their purse, is a risk.
No one know what would happen tomorrow, and if anything goes wrong, you'll be worried.
If you have the keys, it's yours. If you don't have the keys, it's not yours.

Blockshipping    ICO starts 14 May 2018
⋙ ⟫  https://www.blockshipping.io/  ⟪ ⋘
dollarneed
Hero Member
*****
Offline Offline

Activity: 742
Merit: 500



View Profile
June 05, 2018, 03:56:13 PM
 #24

People found themselves in a dilemma when they have to keep balance on the exchange because they are a daily trader. No doubt that keeping your coin on an exchange is a risky way, I personally put them out there too because I do trading, Well I'm advising those who are a trader to keep no more than you can't afford to lose or the alternative is cash out the balance immediately once you get the profit.
elisabetheva
Full Member
***
Offline Offline

Activity: 1708
Merit: 105



View Profile
June 05, 2018, 04:37:16 PM
 #25

Definitely, it is always risky in fact very risky to leave your coins or tokens in any exchange or online wallet which you don't have access to its private keys, in this case, you aren't really owning those coins and you can lose them anytime for whatever reason (scam, hack..). Use the wallet which you have access to the private keys which is quiet safer.

risk always there will always be how to manage ourselves so as not to impact with those risks, because all the mistakes seem big part is due to our own mistakes not to be careless
radjie
Sr. Member
****
Online Online

Activity: 1792
Merit: 264



View Profile
June 06, 2018, 02:29:32 AM
 #26

it is true, many people complain about losing tokens they have on the exchange site, maybe the things we need to consider after exchanging tokens we have in exchange exchange should not leave the private key we have and must get out of the exchange market to avoid lose other token types.

Sr Member

 
EPSILOAN
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
▄▄████████████████████▄▄
██████████████████████████
██████ ▄▀██████████  ███████
███████▄▀▄▀██████  █████████
█████████▄▀▄▀██  ███████████
███████████▄▀▄ █████████████
███████████  ▄▀▄▀███████████
█████████  ████▄▀▄▀█████████
███████  ████████▄▀ ████████
████████████████████████████
██████████████████████████
▀▀████████████████████▀▀
▄▄████████████████████▄▄
██████████████████████████
████████████████████████████
█████████████████▀▀  ███████
█████████████▀▀      ███████
█████████▀▀   ▄▄     ███████
█████▀▀    ▄█▀▀     ████████
█████████ █▀        ████████
█████████ █ ▄███▄   ████████
██████████████████▄▄████████
██████████████████████████
▀▀████████████████████▀▀
▄▄████████████████████▄▄
██████████████████████████
████████████████████████████
█████▄     ███████    ▄█████
███████     █████    ███████
███████ ▄    ███     ███████
███████ █▄    █ █    ███████
███████ ██▄    ██    ███████
███████ ███▄  ███    ███████
█████▀   ▀██▄███▀     ▀█████
██████████████████████████
▀▀████████████████████▀▀
soraxas01
Newbie
*
Offline Offline

Activity: 98
Merit: 0


View Profile
June 06, 2018, 02:54:10 AM
 #27

I use regular wallets for my bitcoins but i usually change every now and then to keep it secure.
Eureka_07
Sr. Member
****
Offline Offline

Activity: 1750
Merit: 260


Binance #SWGT and CERTIK Audited


View Profile
June 06, 2018, 03:06:07 AM
 #28

It is always risky to leave behind crypto tokens in exchange wallet.


https://medium.com/@sibi.jonny/never-keep-crypto-tokens-on-an-exchange-wallet-63387f4019c6

Ofcourse it is risky, do not leave you tokens on an exchange wallet unless you want to sell it already. It is no safe to put you coins to someones purse because we do not know what might happen. They can easily get it from you so you need to be aware of that and be wise in handling you money in an exchanger.

Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!