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Author Topic: Coins kept in exchange, are they safe?  (Read 5649 times)
chienlm05
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July 25, 2018, 06:51:34 AM
 #381

To tell you the trust, I have no ideal for this problem. However I think we should look for informatin about exchanger you want kept. I saw my friend don't like kept coin in exchange.   They said me I should use Metatask
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Zaibraid
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July 25, 2018, 06:52:50 AM
 #382

Actually wherever we keep our coins will be safe if we have implemented security procedures well. Even though we store in the wallet it will be safe if we apply complete security. In my opinion, saving in exchange is safer if we use the coin for fast movements, for example for trading. But if we just keep our coins to hold so it is better to keep it in the wallet. Maybe that is a bit of my view about coin storage.

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July 25, 2018, 06:54:54 AM
 #383

Safety:

Cold wallet > Hot wallet > Exchange
Above all those you mentioned are not secure enough, if you want the most secure wallet out there just use offline wallet, rest assured no one will ever have the ability to steal from computer thats not connected to the internet unless
theres someone who rob you directly, otherwise,  accessing offline wallet is impossible.

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Blondy12
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July 25, 2018, 07:07:00 AM
 #384

I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.
I’d rather chose to keep all my coin in my own ewallet than putting it in an exchnage. I don’t know, i feel more safer in that way and besides it depends on how careful we are with our valuable stuff. I’ve been using only one wallet from the moment i started here and so far it all went well. So i don’t think there is a risk of loosing my cryptos in my own wallet.
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July 25, 2018, 07:09:14 AM
 #385

For me i don't want to kept my coins in an exchange. Because for me its not safe to put the coin in an exchange for a long time. Some exchange are prone to hacking.

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July 25, 2018, 07:09:53 AM
 #386

The exchange is a place to buy coins or sell coins, but how not to store your coins there! Install the wallet on the computer and transfer your coins there. then copy the private key and wallet file to a safe place, and remove the wallet from the computer.
This is the most reliable way to save your savings !!!
Just be careful not to lose the private key and backup the wallet file!
[ProTrader]
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July 25, 2018, 07:52:34 AM
 #387

I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.
Not a good idea because exchange are the majority target of hackers. You should Google it and once you find out that there are many exchange that has been hacked including Binance,I think you will change your mind.
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July 25, 2018, 08:07:04 AM
 #388

I mostly try to withdraw coins as quickly as possible because they are not properly protected on stock exchanges.
Emmanueldolapo
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July 25, 2018, 08:07:37 AM
 #389

keeping coins in exchange is very risky, it is very easy to loose your coins in exchange to the hackers because we have many exchange being hacked thereby loosing many coins present on exchange account.  I think keeping your coins in a wallet exchange is still safer because of the end-to-end encryption and you can use them for peer-to-peer transaction

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July 25, 2018, 08:16:48 AM
 #390

Not every exchange can be considered safe for the storage of its coins, but I think it's possible to trust the top ones. Now other times and exchanges a lot, they are all fighting for the client and they will earn more on the exchange than if they disappeared tomorrow. I use binance and this exchange I like very much for security.

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manjit123
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July 25, 2018, 08:28:16 AM
 #391

On the off chance that you plan to hold that coin for long haul venture for the better keep that coin in individual wallet that you have possess control with the private key. However, in the event that you reason to influence benefit from day or swing exchanging, no other decision you to need to keep all coins in return, and to limit the hazard utilize in excess of 2 distinctive trade, and turn on all security highlights.
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July 25, 2018, 08:51:51 AM
 #392

I have never fully believed in exchanges! I always withdraw on personal purse after exchange!
I'm always relieved when I was holding the money!
alexgreen8012
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July 27, 2018, 02:15:19 AM
 #393

Nothing is safe anywhere. Hack can happen anytime. Some exchanges have been hacked earlier. But whats good here is mostly all of them provide users compensation for their losses.
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July 27, 2018, 08:00:11 AM
 #394

Keeping all of your assets in an exchange is quite a risky approach. Exchanges may run or shutdown anytime, looting all your valuable assets worth thousands. It is better to keep coins in e-wallets or hard wallets which are protected by a public and a private key thus saving all your assets from getting stolen. Keep some amount of coins in exchange if you are an active trader.
rumlipm
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July 27, 2018, 10:01:26 AM
 #395

Keeping coins at the trade is one of the grave slip-ups of informal investors. The ongoing binance hacking lead to one financial specialist who kept 1.5k dollars worth of coins in his wallet got stolen. A few people recommended that he submit assert structures to bianace yet as to on the off chance that he will get a discount is another point.
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July 27, 2018, 10:47:19 AM
 #396

I keep only those coins on the exchanges, which I plan to sell soon. The rest of the cryptocurrency is better to store on your own wallet. The transaction fee is very small, it is easier to transfer the cryptocurrency to your own wallet and not to worry.


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quesi_job
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July 27, 2018, 10:52:02 AM
 #397

if you want to store your coins for long-term better look for some hardware wallet. however, for short-term trades it fairly cool to keep them on an exchange. Be informed in this technological age almost all systems are prone to cyber attack.
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July 27, 2018, 11:53:35 AM
 #398

Coins are really never safe anywhere... Just the way wallets get hacked, exchanges experience hacking too. There are also scam exchanges out there who stops to exist immediately a massive sum of people have deposited large amount of coin to their exchange.. The best logical idea is spreading your assets in different numerous wallets and only store in exchanges coins you wanna trade instantly...
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July 27, 2018, 02:38:31 PM
 #399

me will allow your money of a transaction at a large transaction that it is less it will be in the own video when you want to be will be used to transaction

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July 28, 2018, 04:54:55 AM
 #400

Many people keep their savings on stock exchanges, but I'm not a supporter of such cases, I think that storing tokens and coins must necessarily be stored on separate purses. I think it will be much safer than storing on stock exchanges.
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