Coins kept in exchange, are they safe?

[niceal]

It is direct inverse. There is more risk that your coins in the wallet put away can be the potential focus of programmers as opposed to keeping it all alone individual wallet. Like the last news that coinrail has been ruptured by a gathering of programmers, and lost huge amounts of tokens. You dont need to feel that isn't that right? It is smarter to store your coins in your very own chilly wallet.

[Bosunbossman]

Coins kept in exchange are not safe because the exchange in which you store the altcoins can probably be hacked, so please it is it preferable you safe your altcoins in your wallet

[Varun Kanwar]

No they are not. Hack can happen anytime. Even if its not your fault you may end up losing your hard earned crypto earnings. Only few exchanges have high security standards and that too are vulnerable.

[gabmen]

I'd stay away from exchange-wallets for mid-/long-term storage.
However for short-term storage or trading you should always use a secure password and enable 2FA.

Well bottom line is, why risk your coins in an exchange? It's not that hard to have your own wallet with your own personsl keys. It's easier to hack am exchange than a random personal wallet and there are a lot of free reliable wallets out there if you don't want to invest on a hard wallet

[safarabela]

If you want to save your coins in the long run, it's better to keep it in your wallet, and it will be more risky if you save it on the exchange site.

[semobo]

No they aren't safe because you don't control the private keys of your exchange's wallet so it can't be cosidered as safe even if you were using other security oprion like 2FA.

[grimjoever]

i think it's depends on the exchange itself, but if i can say, i prefer to keep your coin in your wallet, unless you put them in sell/buy orders. it safer to move them in your wallet

[bitbitcoincoin]

I also have the same problem,  But most of are store coin in exchange because they can easily exchange it, But if exchange will get hacking problem our token are not safe, Can be lost the tokens. Personally, I have an idea, just an idea people should use exchange but if they have a high-security system, Most safest way is tstore your fund in hardware wallet

[blacktux88]

no exchange could be most secure, if they leak something the coins are gone.
i just hold coins in exchange i want to trade.
all hodl coins are in my wallet ...

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

[Syella.A]

do not know. in my opinion, the security of a wallet or exchange site depends on each of them. You might save a private key, or add google authentication to your wallet, but if you visit a phishing site, your laptop or computer is infected with a virus, all your assets will be lost.

[Thyristor]

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

Your wallet is more safe from exchange i think.You know that, there are a couple of times i heard many trustworthy exchange is hacked and stolen million's of dollar.My 5,000$+ is hacked by from etherdelta.I advice better you can try to keep safe your wallet.

[bartusv]

I am holding my coins on hardware wallet. On exchanges I have only the funds I am trading with. You can only minimise the risk
by 2FA as many exchanges were hacked or closed in the past and you could do nothing against it.

[Jorosss]

Not a good idea keeping your coins in an exchange. To minimize the risks keep in a safe wallet wherein it cannot be hacked by others. The most important is keeping your private keys since hackers are everywhere. In an exchange I am not confident to keep coins since anytime it can be hacked.

[allanaire]

Unfortunately it is not safe if you Google, you will see a lot of news when hackers broke into the stock exchange, it is better to have at least for the main savings hot wallet, and the ideal option is naturally cold.

[kiemnhieutien]

In fact that no government guards cryptocurrency exchange and user fund so you are in risk of losing your fund, and no exchange promise your coins will be refund. Best way to makr safe your coins is keep it in your personal wallet.

[edwardsolo2021]

There is no security confirmation of letting our coins kept on any exchanger. Hacking situations in a few trades will cause likewise of losing our put away coins in their destinations. Fundamentally, there is no real way to feel that we are absolutely protected in crypto, it some of the time we've been hack because of our own carelessness particularly visiting unsecured locales tend to hack our private keys. It is smarter to check it before doing anything as their concerned is our private keys.

[posi]

Not a good idea keeping your coins in an exchange. To minimize the risks keep in a safe wallet wherein it cannot be hacked by others. The most important is keeping your private keys since hackers are everywhere. In an exchange I am not confident to keep coins since anytime it can be hacked.

Yes, keeping of coins on exchange site is not secure and no wallet is safe either if the wallet owner don't know how to set his/her browser, the email which should not be open and the anti virus ought to be use. What I'm try to say is that no wallet is safe if no human/user errors are avoid.

[herminio]

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

Keeping you're coins in an exchanges is not a good idea , Since there's a lot of exchanges now is being hacked by hackers, Just keep you coins in a secured wallet wherein you can only access.

[raptorez]

In short, I do not think that the tokens or coins that you leave on the exchange have the property of being safe, because it is exactly such situations that are very strange when an event occurs that moves prices higher or lower and immediately ceases to be available the trader's office.

[masterrex]

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

I think that's not a good idea for me keeping your digital asset in exchange wallet is not minimizing the risk since this platforms are high profiles and its like a magnet for Hackers. what if the Exchange was hacked and the amount stolen was huge enough and impossible to shoulder by the platform. this is just and example but not far from happening in reality. for me its better to use hardware wallet its more safe and sound.