Coins kept in exchange, are they safe?

[MMysterious]

I think it's best to keep coins on multiple wallets to reduce the risk of losing everything.

I'd been in crypto for almost 2 years now and I kept my coins in multiple exchange to reduce the risk of losing all of my coins. But Im confident that the exchanges that I use is legit and have the security to protect the funds of their clients. You need to put all the security measurement in order to protect your fund as well and to avoid being hack.

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[Enzo05]

I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.

Somehow I agree but it will still depends on the exchanges because there are some factor wherein some exchanges were also attack by hackers so in my opinion only store in exchanges that is really safe and protective from hackers .

[Adreman23]

I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.

Dont put your all funds in exchanges. Exchanges are hackable. Put only the right amounts of coin you do for trading and always witdraw your profits. Its good if you choose the centralize exchanges with good reputation and has strong security website.

[chokomenia]

Even the exchanges are not even secured, what if they get hacked? or they decided to close down? I think the best way to secure your coins and kept them safe is to use wallet system because they are decentralized, you just have to guide your private keys.

[vina.lugtu]

Although exchanges are not advisable for storing coins, I would still prefer using it because of the multiple security verification's before you can access the coin. Google authenticator, login passwrod and email verification are the securities offered by exchanges. For me, its better than private key and encryption password. Also, its less hassle to have the coin there because its ready to be sold any time and no need to transfer from wallet to exchange.

[cryptobrzy]

Leaving tokens on exchange when compared to real life is synonymous a person that goes to the market to buy some things and then after purchasing his goods, decides to leave them with the trader he doesn't know personally.
It is irresponsible to say the least and unless you are an active day trader.
Don't ever leave your tokens on an exchange as they ate not safe there.

[Caladonian]

if in large quantities, I think it's safer to store in a personal wallet, especially Wallet Hardware
but if in a small amount, the wallet from the exchanger I think is enough
it makes it easier for us to sell and buy quickly

If you can take the risk then you can store your tokens inside exchange, if the amount is not that large and you don't want being hassled when you need to
exchange it or use it for your trade activity but if you have a valuable coins where you wanted to take an asset for investment, better to have a safe wallet
the one that you have your own control its safe preventing being hacked because even established and well secured exchange don't have any assurance that
hackers won't penetrate them.

[Mrking112]

In my opinion, The safest way to store your coins is using a wallet where you hold your private keys.On the other hands some exchange like kucoin, bittrex and binance are safe based on my experience.
Good luck!

[Redg85]

Hello pal. It is really not advisable to put you coins or tokens in an exchange site. Because most of these sites are been hacked before. You can put it there but not for a very long period. Or choose a exchange site that has a strong foundation and that's been trusted for quite some time. But if i were you i wouldn't these sites. Hope this enlightens you. Cheers!

[alexagel82]

For me it's not safe  because what if the exchange suddenly goes down you can't your coins anymore that is what I think

[leavolnhals]

I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.

If you have a great value property, you should buy a hard wallet to hold your property. The Ledger Nano S is a hard-earned credit card used by many users and there is no intrusion from the hacker. Its worth $ 150 and that's a price too cheap.

[Paha87]

I sometimes keep my coins on exchange, but i do not advise anyone to do same, because there are times some exchanges might get hacked. I do not also allow my coins to stay for too long on exchanges. 

[psycox]

For me it's not safe  because what if the exchange suddenly goes down you can't your coins anymore that is what I think

Exchange is not entirely safe. and I think it's better if we keep it in our wallet. if we want to sell it we can send it to the exchange. no need to always be stored in exchange

[NEERAJ ANAND]

If the exchange has security measures like 2FA then no issue arise as your coins are safe there. Security is the main issue now as every day we hear about hacking attacks. If you want full proof security then hardware wallets are best.

[Darker45]

I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.

Hackers are everywhere. If you are not using hard wallets, you are equally exposed to hackers. Even if you are not storing them in the exchanges, you are still exposed to the possibility of hacking. Remember that even MEW, Mist, etc. have hacking histories. If you are only HODLing your coins, you better choose hard wallets. But if you are constantly trading, you have no choice but to keep them in the exchanges. Just install 2FA and keep your passwords and keys away from anyone.

[Amalker]

I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.

I don't think, that keeping crypto in exchange is a good idea. In one moment you can lose all of your funds. Better take a look to hardware wallets like Trezor or Ledger.

[oneidentity]

Only yesterday I read the news that the ccex exchange was hacked. So think yourself whether it is safe to keep your assets on exchanges. In my opinion, it is easier to keep funds on a cold purse.

[harm]

They are not excessively sheltered on the off chance that you abandon them on trade, there's few instances of trade being hacked and trade suspending individuals accounts without see previously, despite the fact that the possibility is low yet you ought not leave your coin there particularly if the sum is expansive. Keep your crypto on wallet where you claim the private key, figure out how to be cautious and things to maintain a strategic distance from on the grounds that that way you can make due for quite a while in crypto.

[LARSBAK]

I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.

I don't know, because I never kept coins in exchange. I always keep it in my wallet. my knowledge, exchange is not a place to store coins. exchange is not intended to store coins.

[SFMiner]

Protecting coins in trades are. I utilize Binance and a large portion of my coins are kept there cos I feel it is a sheltered decision. Don't simply impart your private data to anybody. Actuate the 2-factor confirmation framework if conceivable, and keep your login data available however protected.