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Author Topic: Coins kept in exchange, are they safe?  (Read 5649 times)
Fenderr
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August 04, 2018, 08:49:47 AM
 #421

Coins left on exchanges are safe so long as you have extra layer of security activated like your 2FA. But you risk losing all your coins should the exchange go under as they would disappear with your investments. Coins should be in wallets where you have your private keys.
DumbLefty
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August 04, 2018, 10:30:05 AM
 #422

To be honest, I'm not sure about anything. I know hackers broke into exchanges and wallets. I think that attack can happen in any moment.

Carina.P
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August 04, 2018, 12:58:09 PM
 #423

we can not avoid hackers should always be careful not to fall prey to you.
my advice is for you not to always open your wallet and always erase the history of your phone or computer using it to prevent hacking your account.
Yes, try not to fall into the trap of phishing websites or go to unfamiliar junk websites, which can easily leave traces of poisoning.
lutcor
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August 04, 2018, 01:02:00 PM
 #424

To be honest, I'm not sure about anything. I know hackers broke into exchanges and wallets. I think that attack can happen in any moment.
That's it! Hackers are constantly hacking crypto-exchange exchanges. Do you think it's okay to store your tokens on the exchange? I do not think that this is normal. Because I think that now it is best to store crypto-currencies in your wallet.
anil_saini01
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August 04, 2018, 01:20:36 PM
 #425

You're wrong because exchange site are more vulnerable to be hacked than wallet. Actually exchange site used by traders to make trading faster.
mcgeil
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August 04, 2018, 01:32:03 PM
 #426

Keep your coins on the exchange or on the device in your personal wallet is equally dangerous.  To suffer from hacker attacks is possible in both versions.  The only difference is that at the crypto currency exchanges your currency is not at you, but on the purses of the exchange itself.  You can only manage it.  If you want maximum security, use cold wallets.
Camorra Dev
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August 04, 2018, 02:52:24 PM
 #427

I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.
Probably they are, but I think I've heard more news about cryptocurrency exchange hacked then about online or hardware wallet hacked. So theoretically it is more secure to keep your money on wallet.
vasilisc555
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August 04, 2018, 03:09:23 PM
 #428

No, it's not safe. It is not safe to even store on any purse. Everything is vulnerable. And this is only a matter of time when they break this or that exchange or purse.
sashapoc
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August 05, 2018, 04:10:20 PM
 #429

They are more secure in this case than the person who clicks on each link that receives on email and enters the same password on all sites for registration. Just do not keep too large sums on exchanges.
badakjawa
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August 05, 2018, 04:14:37 PM
 #430

Exchanger is easily hacked. Even the binance that has a fairly good security is hacked. It is better to store in a hardware wallet that cannot flow internet. That's good enough. Hackers today are quite genius, 1001 ways to do it to hack a website that can benefit him.

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laynum
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August 07, 2018, 11:02:25 AM
 #431

Keeping coins in exchanges are safe. I use Binance and most of my coins are kept there cos I feel it is a safe choice. Don't just share your private information with anyone. Activate the 2-factor authentication system if possible, and keep your login information accessible but safe.
Taner
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August 07, 2018, 11:06:34 AM
 #432

I suppose if you keep your money on reliable exchanges like Binance or Bittrex, then your funds are safe  Wink
jakiro.hovard
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August 07, 2018, 11:11:23 AM
 #433

I suppose if you keep your money on reliable exchanges like Binance or Bittrex, then your funds are safe  Wink
Forgive me, but I can not agree with this, if you keep money on the exchange, it seems to me that you simply give your money to the hands of other people. I'm not a supporter of this. Because I always take my tokens and coins after bargains.
letsfly
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August 07, 2018, 11:13:46 AM
 #434

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.

Taner
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August 07, 2018, 11:16:05 AM
 #435

I just think that there are exchanges for which their reputation is very important, because there have been cases when top exchanges returned hacked funds.
Cremmsto
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August 07, 2018, 11:27:34 AM
 #436

I don't think it's safe . a lot of bad news about how this or that exchange was hacked
ElenaN
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August 07, 2018, 11:55:27 AM
 #437

It all depends on the exchange, because not all exchanges your coins will be safe!
Ankush2108
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August 07, 2018, 11:59:15 AM
 #438

This is not a good way to be safe from hackers , I advise you to choose better way instead of this like you can you hardware wallet. It is absolutely safe.
Klaviatura03
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August 07, 2018, 12:03:53 PM
 #439

I have been using the exchange wallet (Binance) for several years, I have not seen any problems
Xclusive5
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August 07, 2018, 12:39:21 PM
 #440

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

I totally disagree with you on this because over the years we have heard a lot about exchanges been hacked. I think the best place to keep your coin is wallet not exchange. Hardware wallet is the safest haven to keep your tokens.

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