G2z_Riya
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Activity: 217
Merit: 14
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August 07, 2018, 11:29:19 PM |
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Coins kept on the exchange wallets were safe to some extent, because we can't do anything if they go out closing the exchange service. This has taken place several times, and the same has taken place with several bitcoin wallets as well. It is to learn and find the best way to keep our holdings in a secure manner.
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Happydd
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August 07, 2018, 11:43:48 PM |
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What coins do you keep depending on how much time they are in the market? If the price is too low you should keep waiting for the opportunity to sell high prices. If high prices you should sell immediately to make up for losses in case. Only you know if you hold the coin safe or not.
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ntarah langger
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August 07, 2018, 11:48:12 PM |
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I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.
never save coins in any exchange, it's not recommended and is very risky. it's better to keep it in the wallet, because the security system is more secure. |
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Olena9797
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https://auditchain.com
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August 07, 2018, 11:51:39 PM |
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If you just know how many exchanges were hacked and how many people lost theirs money. Some exchanges can give your money back, some of course no. Crypto is maximum safe only in hard wallet (but not 100%). But if you want to keep crypto on exchange only, choose one from top 5
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paul gatt
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August 07, 2018, 11:51:58 PM |
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Many times when you feel insecure holding your pennies. You are afraid of being scammed, stolen, hacked. It's best to keep your money in carefully-guarded wallets. Make sure you only know the password. Buy the best electronic wallet for safe deposit.
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Djouga
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August 07, 2018, 11:53:57 PM |
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No it's not, always keep small amout on exchanges ! Exchanges can be hacked, some are very safe, other are really not safe... The best is to keep token on wallet (Best is legder or Trezor). Moreover most of people have the same password for several exchanges (there is a lot of coins and so much exchanges), so if one is hacked you have to be careful with other account, and be sure you use unique password  |
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narielle
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August 07, 2018, 11:58:40 PM |
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I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.
If you want to follow the scenario of the people who had their funds in etherdelta and bitconnect, you can store your funds in exchange. Though they said that exchange are safest storage of assets, I don't believe with them because of the hack events happened last year. If I were you, I will stock it in cold wallet than in exchange wallet because there is more assurance in cold wallet, trezor or ledger than exchange wallet. |
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chocopapaya
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August 07, 2018, 11:59:20 PM |
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I would say leaving your crypto in an exchange isn't safe at all.
The #1 reason why is because you don't have control over your keys that let you access you wallets.
So you are 100% at the mercy of the exchange itself.
that means, that not only hacks, you are also vulnerable for technical failures also.
For example, hitbtc frequently has technical errors when trading or trying to withdraw.
This can make your crypto currency "disappear" and there's nothing you can do about it. The exchange controls it all.
Think of it like going to open a bank account and leaving all your money there.
But this bank is not regulated by government authorities or insured through federal programs.
That bank could do whatever they want with your money and their would be nothing you can do.
They can even just say, "oh, due to a filing error, your deposit didn't go through"
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Innocant
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August 08, 2018, 12:19:29 AM |
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Ill think it will safe but must choose to those exchange are popular to the people letting their coins to put in that exchange, Actually bittrex and binance are the better to kept your coins on their.
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el_lobo
Copper Member
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August 08, 2018, 12:56:19 AM |
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As far as i've read, you should never store coins longer than necessary on a trading platform.
And i will definitely stick to that.
It calms me more when i have control over my coins.
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Bitcoinjheta
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August 08, 2018, 01:06:12 AM |
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Ill think it will safe but must choose to those exchange are popular to the people letting their coins to put in that exchange, Actually bittrex and binance are the better to kept your coins on their.
i think they are the same even though they highly popular well known exchange site its because they are more risk in attacking hackers due to a highly popular traders are in transacted. So better keep it the coins in offline wallet. |
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blockchainmarketus
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August 08, 2018, 01:09:21 AM |
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I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.
In what exchange you keep the coins. You'd better not keep the coin in big amount of money in exchangers. I have experience lost 2000 USD value in cryptodao. Cryptodao is fuck, they claim my asset and I can't get back. Many new exchangers now that you and I not know the reputation. Better keep the big amount of asset in your own wallet. it is much more secure, |
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aonfons
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August 08, 2018, 01:16:50 AM |
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If you keep the coin on the exchange you should send at sites like kucoin, houbi, bittrex, binance. KYC and turn on 2fa you can be assured.
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sarahth
Newbie
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August 08, 2018, 01:25:10 AM |
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I think It's not safe to keep coins on exchange for a long time because Exchanges can be hacked, lose our money.
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Iamdeadlyz
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Merit: 19
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August 08, 2018, 03:13:54 AM |
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You should keep it in your hardware wallet or a personal wallet. Keeping it on exchanges are not safe and it is very risky
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jcmansah7
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Activity: 434
Merit: 10
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August 08, 2018, 03:19:08 AM |
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Not at all, i would never advise you to keep your coins at an exchange site because of the several attempts to hack exchange platforms upon which some of them have turned out to be successful. No matter how the trading of your tokens may be it is better to save the on your wallet and when you are ready sell it off then you can just go to any exchange site and sell it.
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robaya
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August 08, 2018, 03:21:39 AM |
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I think it's safe, but you will save your token in your wallet. there are several advantages if you save your token in exchange, you can get additional tokens if there is a special event. some happen to coins on the big exchanger.
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Paha87
Jr. Member
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Merit: 1
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August 08, 2018, 03:35:27 AM |
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I don’t think so because there is bad record of this because before many wallets has been hacked by hackers so you should be secure your account and aware of this based on this you should know how to secure your coins then you can get proper answer and solutions.
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btcnijuan
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August 08, 2018, 03:36:32 AM |
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Anything online can be hack, look at those big exchanges they had been a victim of the hackers too even they have a secured website. For me, I prefer desktop wallet to kept my altcoins, be safe keeping your private keys.
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gathingbrus
Jr. Member
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Activity: 209
Merit: 3
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August 08, 2018, 03:37:16 AM |
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We suggest that if saving the coins for a long time, do not be stored in the exchange. Because exchange is linked in onlne, and hackers have a thousand ways to pick it up. Save on your wallet as well. When ready to sell, then enter in the exchange.
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