Coins kept in exchange, are they safe?

[AlienSeeker]

I never store considerable measures of crypto on trades. Predominantly, I keep there those alts and tokens which I am hoping to develop in cost in the closest future so I can without much of a stretch fix my benefit. It is constantly fitting to abstain from keeping coin on the trade in light of the fact that most these trades particularly the decentralized ones are effortlessly inclined hack and will prompt will lead of benefit and the likelihood of getting an arrival is extremely thin.

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[DisWhale]

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

Keeping your coins on exchanges only raises your risk of getting attacked because exchange sites are always under attacks due to the huge sums of money that can be looted. Exchanges are just for temporary storage of coins.

[isen]

Of course not, if the coins are not in your wallet, they are not safe. The exchange can be hacked, the exchange can appropriate your funds and then say that it was hacked. There can be many options, so do not keep a lot of assets on the  exchange.

[mirakal]

I was taught as a newbie never to save my coins in exchange except the coin has no external wallet or I am trading with it.... When not trading, all coins should be out of the exchange....though external wallets can also be hacked but exchange is less safe

That's the right thing to do, it is better to save in a hard wallet as it's less risky.
Hackers will be more interested in hacking exchanges knowing more people are still putting their investment in an exchange, we should be wise
and learn to safeguard our assets because this is our future.

[FreeAirdrops]

It depends on the exchange... but it seems like every couple of months there's an exchange hack so I don't know why anyone would assume their funds are safe there. Or an exchange could turn into an outright scam. Or your personal exchange account could get hacked.

[Coinseeker22]

to talk about risk from hackers first you might want to secure where you access your platforms, after than it is best to check or coordinate to the people who manage the exchange platform. It is best to ask them what ate you looking at when you keep your coins with them and hold.

[Miklight88]

Having a cool wallet is the best to go about saving our coin but some exchange are little cool too to save coin and it's not advice to leave token in exchange for long cause you don't have full control of the wallet and anything could happen which might end up letting you loose all your coin so my advice is to save in a cool or hardware wallet where no one can access your private key.

[marksayson]

For me, if you store your assets or your coins in your wallet and exposed your credentials, you are a possible victim of a hacker, also applies in the exchange when you expose you credentials also. Best is to make a separate wallet and store it in a cold storage.

[MonicaDunn84]

I think at the present time, with the coin you are storing it on cold wallets and hot wallet, it's hard for hackers to get in and get the coin. For now, developers have made their cryptocurrency cryptography more intelligent and secure than ever.

[leoric251]

No! Never ever leave coins or token inside an exchange. Incase they're hacked or they suddenly scam people. You wouldn't able to save your crypto.

[SabrinaBianka]

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

CoinEx was hacked I forgot the date when was happen. But all DOGECOIN was gone and all investor was crying alone. So make sure that exchange was very secured we cannot assured our money on the exchange but it depend this situation to ourselves. If you kept your money/coins or exchange better to Huobi, Binance, oKex etc. That was very secured exchange.

[lamacchia]

safe or not may depend on the exchange used to store, but I suggest to save coins in the wallet just to be right in choosing a wallet and who must definitely choose a safe wallet and seldom circulate the selected wallet hacking news.

[susuberuang]

I think that is a very high risk. It is better for you to store the coin cryptocurrency that you have in your wallet that has supporters to be able to store all available cryptocurrency and do not let you store your cryptocurrency in the place of exchange because this exchange is often stolen from hackers.

[Krismanto]

Coins are stored in Exchange had a very big risk. Better when storing the coins in Exchange is when you want to sell it. And save in the wallet with the means of supporters such as Myetherewallet is very safe. And you have to keep your private key, do not let other people know about it.

[dudeguy]

Coins are extremely never safe anyplace... Simply the manner in which wallets get hacked, trades encounter hacking as well. There are likewise trick trades out there who stops to exist quickly an enormous total of individuals have stored vast measure of coin to their trade.. The best coherent thought is spreading your advantages in various wallets and just store in trades coins you wanna exchange in a flash...

[kjn311]

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

Just remember of what happened to EtherDelta. Exchganges were designed for exchanging, not for storing. Moreover, today you may find a lot of handy and reliable solutions for storing your tokens with minimal risk.

[jakiro.hovard]

No! Never ever leave coins or token inside an exchange. Incase they're hacked or they suddenly scam people. You wouldn't able to save your crypto.

I fully support these thoughts, because I also think that in the case of purses that are on stock exchanges, to keep their tokens there, this is not a very good deal, so it seems to me that it would be best not to give away their coins or tokens for long storage to exchanges .

[kostepanych2]

Besides exchange may be hacked, some altcoins may be delisted from exchanges...
So coins kept in exchange are not safe!

[apyong]

i think exchange wallets is the same as your online wallets. one thing good in exchanges is that they have more security settings to provide more safety to the wallet holders. just like sms verification, google 2fa factor and email verification, this is so useful and very protective in terms of hacking.

[Fredomago]

Besides exchange may be hacked, some altcoins may be delisted from exchanges...
So coins kept in exchange are not safe!

Considering those factors, then that's the risk keeping your coin inside the exchange, it's far better using your own hard wallet all the controls are in your hands you just need to fully secured your device and stay safe against possible hackers, unlike with exchange that you are leaning with their securities and if the site got penetrated all your assets will be gone.