Coins kept in exchange, are they safe?

[AVAMONEY]

Exchange can be hacked. And the wallet can also be hacked, keeping coins in exchange is not safe we should keep coins only in hardware wallet for long-term. for exchange i hopefully, there is a new anti-hacker technology for the crypto wallet.

[CryptoGuro1]

No they are not, people need to stop thinking this space is safe, we are years away from tight security. If somebody broke into a bank and robbed your money what would happen? now why is there no big deal made when exchanges or wallets are hacked and stolen

[Gorodcoin]

I wouldnt say so for 100%. Nothing is safe in crypto, you can loose all of your funds even after email and 2 factor athentification. There should be more projects related to crypto security

[CryptoDoing]

Quite safe, but it is necessary to take into account the exchange. It is best to use e-wallets to store cryptocurrency.

[Boklopu]

There is no security affirmation of letting our coins kept on any exchanger. Hacking circumstances in a couple of exchanges will cause similarly of losing our set away coins in their goals. On a very basic level, there is no genuine method to feel that we are completely ensured in crypto, it a portion of the time we've been hack as our very own result imprudence especially visiting unsecured areas tend to hack our private keys. It is more astute to check it before doing anything as their concerned is our private keys.

[tuikindu]

It's not safe to keep COINS on the exchange because you don't have control of your wallet. So I usually only put COINS on the exchange when I trade them.

[supperperson86]

Better to distribute your money in different warehouses. Only store a small part of the exchange, the amount you use in the transaction. Then, if you are afraid of hackers, keep your wallet. These are devices that are not connected to the internet. This will prevent hackers from stealing your coins.

[LaurenProfi]

No not safe, any exchange can at any time disappear with your balances ! So try to keep all your coins on normal wallets.

[jay sd]

You cannot guarantee that keeping your coins in an exchange will be a safe option as we have seen that lots of exchanges have been hacked. If that happens then all the coins of yours will be gone.

[anudixit0003]

An exchanger can losing your money whenever they want, they are even more dangerous than hackers. You better keep it yourself, use a complicated password if you use web wallet or you can use hardware wallet for more security. You can not predict where hackers come from.

[Collinberg]

This sounds very funny because almost on a monthly basis, we hear of one exchange getting hacked or another, when it comes to your private wallet, the only threat is hackers but if your funds are in an exchange, the threats are double because some exchange are not genuine and they can exit scam at anytime, happened to me with Bitpaction exchange, thankfully I had just about $150 there.

[cryptobiolog]

I wouldn't do that under any circumstances.The most secure is a wallet (token) which is physically disconnected from the computer/Internet. julf has a 100% guarantee that it will not be hacked by anyone. In extreme cases, small amounts can be stored in online wallets.

[secret_3108]

Today, the security of cryptocurrency storage is provided by sufficient technologies. But understand the risks of such storage is necessary in any case.

[cryptolidus]

It is just the opposite, keeping your coins on exchanges are risky as they can be hacked and you can do nothing to protect
your funds. The good thing is that top exchanges like Binance refund you when it happens. Exchanges are for trading not
for storing your funds so I keep only those coins on exchanges I am planning to trade with.

[xontol212]

Even more risky if you just put your coins in the exchange wallet. learn from the mistakes of others. Many exchanges were hacked and they did not return their funds. I think that depends on your intentions, if you trade and actively use your funds then save it there, but if you don't use it for the long term, I suggest you keep it in your own personal wallet for safekeeping.

[traisaigon261]

All main exchanges at the moment are centralized so it is not safe because those exchanges keep your coins on their wallet not your. In the past, a lot of centralized exchanges got hacked, lost many money/coins of customers and damaged their exchanges. Its is better to store all your coin on your own wallet. If you want to trade from your wallet, you can use decentralized exchanges

[Qweenty]

Keeping  coins at an exchange platform is really not the best idea because most exchange platforms these days are being hacked and you can lose your funds if you leave your cryptocurrencies for there. It is better to send tokens to your personal wallet.

[Beans]

Keep coins in the exchange may safe if you keeping in the reliable exchange and you have enough security for you account. You should enable sms, 2fa, and email protection.

[GeorgeSoros]

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

The best safe place is in your pocket, anything can happen, i prefer lost my coin by my fault instead an exchange mess up with them security and got hacked, or worse exit scam/locked up funds ..

[el_lobo]

Even i, who havent been around for a long time, have already learned that sometimes coins should not be left on a exchange.
You should store your coins offline, because it's hard for hackers to get the coins when the are offline.