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Author Topic: Coins kept in exchange, are they safe?  (Read 5718 times)
brocardinf
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July 13, 2018, 12:37:54 PM
 #301

How I heard some exchange have cold wallet on which they hold tokens , I think it safe, but decentralized exchange it's more interesting to my mind
katawan4741
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July 13, 2018, 12:55:41 PM
 #302

As much ad possible I don't keep my tokens in any excha ngers for a long time especially to those unknown or low-key type of exchangers. Any Exchangers' are not secured to those high skilled hackers they can penetrate it whether it is a known or unknown exchanger, with or without high security. It is not advisable at all.
zap2per
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July 13, 2018, 10:41:46 PM
 #303

I`m too lasy to use wallets, cold or not. That`s why i hold everything on the exchange. However, depo is not that big

I get you but that's a disaster waiting to happen. Better safe than sorry.
maulidin8888
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July 14, 2018, 01:12:00 AM
 #304

of course it's very dangerous if we keep coins in coin exchange. we better if we store our coins in our own wallet alone it's already guaranteed safe if we keep our coins in our respective wallets
cuo
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July 14, 2018, 02:03:08 AM
 #305

hello budy, that's depending on rules of the exchange, because there is also an exchange that has rules if there is no transaction for 3 months, all tokens will be taken by them, but if you keep your token or coin in exchange, make sure you check every time.
mazesta
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July 14, 2018, 02:07:18 AM
 #306

I think it's less secure, because Exchange is vulnerable to hacking.
try to read the news, how many hacked exchange? but if the Exchange is willing to take responsibility for the loss of your assets is certainly not a problem, the problem is if the exchange is hacked, we lose all assets and Exchange does not want to replace our assets.
zero714309
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July 14, 2018, 02:25:42 AM
 #307

This is not safe,several times exchanger exposed to be hacked.Even if a huge market is not there may not be conceded in addition to the risk of conceding is still great there are other dangers also arise, namely the risk of delist coins,if you do not check the market and do not perform the first analysis of the danger of delist will come,so better be careful and think long term.
bornMercurial
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July 14, 2018, 02:31:21 AM
 #308

in my opinion, if it's better to keep your money in your wallet. much safer than the stock exchange. although everyone is choosing their own money storage option recently is a hacker attack and many people are losing a lot of money. therefore, storage on the stock is not safe if I think.

Kang Bahar
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July 14, 2018, 03:36:38 AM
 #309

I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.
Blah Blah Blah........
Hey. Losing assets in exchange is easier! And it can't minimize the risk anything! Do not you know and understand the risk you will facing if you keep the coin in exchange? Or do you pretend not to know? And acting like an idiot. You're funny, mate.
SindiRokRok
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July 14, 2018, 03:43:24 AM
 #310

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

big mistake if you keep a coin on exchange, exchange is very easy on hack rather than wallet. for security issues, wallet is much safer than exchange. keep the coin in the wallet.
gempil
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July 14, 2018, 04:02:46 AM
 #311

I do not think it's a good and safe solution for you to do. You can not just trust the exchange. What I know is that recently there was an exchange in one of the countries that had just been hit by a hacker, all the data and assets in it were lost. It proves that the exchange can not guarantee the security of your asset data. You can provide several different wallets to deposit your investment assets to be more secure.
Gurjasmeet
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July 14, 2018, 03:52:24 PM
 #312

I think it's not a good decision kept in exchange because it will be happened, hackers are alert to hackers our coins.coins kept in safe our secure wallet.
lilysbee
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July 14, 2018, 09:59:15 PM
 #313

i would not advice keeping coins on exchanges. if per adventure the exchange is hacked your coin is gone. Rather holding it in your wallet minimises the risk . this is because you know how well to protect your wallet  with  from hackers using GA or other security measures.
Folajuwon56
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July 14, 2018, 10:10:08 PM
 #314

You don't keep them, you just expose them to real danger because exchange platforms can be hacked at any time and once that happens, you lose all the coins you have on that exchange.

BTCmasterVM
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July 14, 2018, 11:41:25 PM
 #315

Security is above all. For long-term holding the exchange is not suitable. There are big risks of losing coins. But if i don't have a large amount of coins, then for a short term holding i can safely keep them there.
eaLiTy
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July 14, 2018, 11:51:36 PM
 #316

Security is above all. For long-term holding the exchange is not suitable. There are big risks of losing coins. But if i don't have a large amount of coins, then for a short term holding i can safely keep them there.
If you look at the past history of exchanges and how vulnerable those systems are because of the frequent hacks, i would not dare to move my coins to the exchanges until i plan on trading them or selling them, it is no way safe to hold your coins in any exchanges no matter how much careful you are with your security, once the coins are in the exchanges you have no control over your coins and if its hacked then it is gone forever and you just hope to get the compensation.
blue08
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July 14, 2018, 11:52:04 PM
 #317

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.

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Caelanpelley
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July 14, 2018, 11:53:45 PM
 #318

With the current price drop, I think keeping my coins is very right. In the future we do not know for sure whether the price of it is high or not. But to sell at a low price will be a lot of losses. It is best to wait patiently for the market to appreciate.
Zct2002
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July 15, 2018, 12:01:18 AM
 #319

I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.
I think they are safe sans hacking on their centralized exchange. If we keep our coins on exchanges our only control is provide security to our wallet. We can have 2FA activated to further enhance security. The down if we kept our coins in exchange is that exchange is hacked, our coins go with it. So better choose trusted centralized exchanges.
Roklepj
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July 15, 2018, 09:49:04 AM
 #320

All Exchanges are not made equivalent and one can even now lose trade coins because of trade getting hacked or shutdown because of government control or some other reason. So it is valuable to keep a decent segment of your coins in your own wallet. To lessen the hazard, utilize numerous trades and different wallets as well.
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