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Businesscase
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October 07, 2018, 06:08:50 PM |
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Keeping coins on exchanger will not save you for 100% from losing your coins. Sometimes exchangers are hacked as well as your wallet can be hacked. Best option to keep coins on cold wallet for long-term and for trading to keep in on different exchanges and wallets.
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"If you don't want people to know you're a scumbag then don't be a scumbag." -- margaritahuyan
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yanesna3
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October 08, 2018, 07:42:24 AM |
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I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.
I don't think that you can be fully confident about any cryptocurrency safety when it lays in online-platforms. But we are forced to keep digital money there. So it is necessary to be aware of safety measures (sms or 2 factor) |
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primarydumz
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October 08, 2018, 07:56:31 AM |
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I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.
Its a bad idea on keeping coins on exchanges because its easily for the to track down your coin or money that stored in their exchanger. Its always be more secured when its come on your future profit. Put it in the safest exchange to avoid getting lost. |
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Talat10gu
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October 08, 2018, 08:17:45 AM |
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They are saved if you use only checked ones and you now that your money will not be stolen. In the other way nobody can give you a guarantee about your security.
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BTC_ADA
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October 09, 2018, 11:21:07 PM |
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I think that it is convenient to store on the stock exchange, but it is not safe. Since cybercrime has not been canceled, and this kind of tidbit many do not mind to taste.
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Azuliand
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October 09, 2018, 11:22:14 PM |
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I think at the moment they are safe , now the exchange is very well protected , but you still need to choose a good exchange !for example, I can recommend binance
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thinkright
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October 09, 2018, 11:27:10 PM |
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In recent times of shocking news, the safety ratio of assets on exchange wallet isnt completely secured. There have been instance where users funds have been compromised. So it better to keep your long term assets in your external wallets. However, it's quite accepted for day trading and short term
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surgexvb
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October 09, 2018, 11:58:41 PM |
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If this is a good exchange, then it’s safe to keep coins there for some time, the main thing is that it is not permanent, since the wallet is still safer compared to the exchange.
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DainSLane
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October 10, 2018, 01:12:42 AM |
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It is not totally safe for our coins that we kept in exchanges because there are some exchanges they have weak security that is why they are victim of hacking if i were you just put your coins in your wallet and have difficult password.
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BitSharke135
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October 10, 2018, 11:10:53 PM |
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Keep your crypto money on crypto money trading platforms if you're doing daily crypto money trading. Day trading allows you to keep track of daily price changes. But if you want to invest in long-term, keep your crypto money in the Ledger wallet.
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Byssman2
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October 10, 2018, 11:16:51 PM |
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Don't try it. Do not ever try it. Unless you intend to sell your coins within a very short time. Storing coins in exchange is a noob risk because exchanges are regular target for hacks and breaches. So if you don't want to increase the chances of losing your coins then move them safely to your personal wallet or better still an, external wallet
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iconoclast
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October 10, 2018, 11:18:38 PM |
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I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.
Sorry, but if that is a centralised exchange then they are even more vulnerable to hackers. Wallets get hacked when you do dumb things that expose your private key. Exchanges get hacked when people find security vulnerabilities in their code. Personally I trust myself to keep my money secure more than I do third parties. |
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Unplugged
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Bitgesell (BGL) Decentralized Cryptocurrency!
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October 10, 2018, 11:27:15 PM |
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I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.
I have some concerns regarding keeping your tokens in an exchange: 1. If the exchange are not within the top 10 then its security is not as strong as fortress since it can be hacked. 2. Why would you risk putting it on exchange when you can keep it offline or in a cold storage? 3. Wallet hackers is just as notorious as Exchange phishers. The list goes on but my point is it will always be better to keep your tokens offline until you want to sell them. Don't hold it on any exchanges since the listing can be retracted. |
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juliyett
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October 11, 2018, 11:39:02 AM |
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They are saved but is it profitable step? I don't like to change coins because it is a bad sign for me to be honest. If I want something, I just buy it.
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Georgiyk
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October 11, 2018, 11:45:04 AM |
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I think you can not be 100% sure that the coins are safe on the exchange. How many cases of hacker attacks. I myself constantly hope for a miracle, so my savings will not be affected.
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juntop1
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October 18, 2018, 09:12:10 AM |
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It depends on the exchange. Some can provide not just an in-built wallet but a cold storage (for example, CEX, https://cex.io/). That means your coins would be placed offline which prevents money theft. But anyway, hardware wallets are better. |
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Purwodadi717
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October 18, 2018, 09:19:10 AM |
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All Exchanges are not created equal and one can still lose exchange coins due to exchange getting hacked or shutdown due to government regulation or some other reason. So it is useful to keep a good portion of your coins in your own wallet. To reduce the risk, use multiple exchanges and multiple wallets too.
Actually, both wallet and exchanges is not a hundred percent safe. Your wallet can be hacked, same with exchanges. The difference is, most wallet are hacked because of owners negligence, and with the exchanges, it is more of lack of security of the platform itself. If you are holding for long term, it is better to have a hard wallet to store your coins. Thank you |
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jhache
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October 18, 2018, 05:11:31 PM |
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They are not that safe, you should only have coins in exchanges when you are trading with the coins or trying to exchange the coins for another coin but once you are done you should be taking all of the coins out of the exchange. You do not control to the private keys to the wallets on the exchanges and therefore you do not control your coins on that exchange
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novy
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October 18, 2018, 05:15:03 PM |
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Depends on which type of exchange do you keep your coins. I would trust more to DEX. This kind of exchange keeps all info in the blockchain that is more safe than just a in some regular centralised databases.
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irenegaming
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Kuvacash.com
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October 18, 2018, 05:15:52 PM |
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They are as safe as in a bank, which is what we initially try to avoid, it is always advisable to have the coins in an exchange if you are going to trade and you do not want to eat the fees, but in the end if you are going to save or make hodl, the most advisable is to have them in a reliable wallet as electrum or another recommended in bitcoin.org.
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