Coins kept in exchange, are they safe?

[Fidelityman]

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

All exchanges security levels are different because many exchanges had being hacked and that shows leaving your coins on exchanges is not a safe place and that can make you lose your coins. It's better you keep your coins at personal wallet and use different security ways.

[Nexjr14]

This is my experience. I once saved my coins in exchange. and then my coins disappear without me knowing. Until now I have never kept my coins in exchange because I think it's too risky.

[miha]

first of all need to know what exectly exchange do you mean. there is a lot of bad exchanges with bad security. or scam exchanges.

[Xeonhp]

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

Actually, it depends on the trading platform you choose. Not all exchanges are good security. I recommend Kucoin for security if you want your coins safe.

[jekainvestor]

I would not recommend to keep all the coins on the exchanges. First it depends on what exchanges you keep them, if the exchange is small and not very popular it may be hacked and you may loose everything as well, or they may be locked by the owners. I would not recommend to hold on the big exchanges because there are may happen such things like the authorities may demand from the exchange to make big fees and some day it may become a real surprise to you. I would recommend to keep your coins on the Myetherwallet or on the wallets with their own Blockchain.

[neatworld]

It's probably safest to have a three-pronged approach to storing your coins. The portion of coins you want to keep long term should be in a hardware wallet (Trezor, Nano); A portion of coins could be kept in their web wallets or on MEW (I'm not a fan of it though), and only keep the coins you want to trade with on exchanges.

[Silverstar]

Depending on which exchange they are stored with. Generally this is quite safe, but I prefer to keep my coins on my Trezor. anything can happen, exchanges sometimes hacked , replace the address. therefore it is better to keep the most of your coins not on the exchange - on your wallet ..

[Regeal414]

I don't figure I could leave my coins or tokens on a trade for longer than should be expected!
Therefore, numerous individuals have officially lost their cash through a hack or trick trade.

[matthewoz101]

Unless the exchange gets hacked...

Or the exchange is a scam. Like CoinsMarkets.com Lost hundreds in COLX there. Still haven't be able to get it. I always keep my tokens on MEW or the NEO wallet.

[hold-coins]

I would not risk it maybe a week or 2, would you hand a random guy 100k and tell them to bring in back when the price rises?

[Kseniya17]

I think that you can store coins on those exchanges in which you are sure who worked for many years, but for a short time, for me my wallet is more reliable.

[jak3]

I think keeping the funds into a personal private key with a password will be the safest thing you can probably do. As exchanges are not 100% hack proof. If they got hacked then either they have to pay you from their pocket or they have to suicide. or maybe they can just run away, Anything is possible and you know you can not blame the exchange because the security was never week but it's the hackers who get evolved with the latest securities.

[Moli001]

The most helpful way to safeguard your coin is to leave yours on the exchange. On the off chance that you are a functioning broker, keeping your coins on the exchange enables you to execute and respond to economic situations rapidly and also stay free from wallet hacks and fund theft.

[c4ptch4]

you are wrong, storing the assets we have on the market is actually very risky, like a few days ago when ccex was being hacked many people lost their money so I advise you to keep coins owned in your personal wallet to be safer

[tinystone26]

Some Altcoins that are kept in exchange are not safe because they lose their turn in being available. I mean if you intended to keep your newborn currency some times they will expired, if if the currency that you hold even in your wallet lose his value and doesn't increasing his value some exchange removed it to the list and I think the best to those kind of currency is sell and buy a popular one.

[Caelanpelley]

Holding coins for too long is not a good way. If the penny falls, you will lose money. Sell coins as soon as you feel the word or get back to the capital. I saw the market continue to go down without any signs of increasing.

[vavanpetrofan]

It is very dangerous to keep coins on exchanges. I think it's better to keep the coins on wallet. Exchanges can be closed at any time and they are also protected from hackers as well as wallets. On exchanges you can also be banned.

[mbluxs]

I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.
[/quote]
be careful to save your coins and make sure you are correct in storing coins that you have because now there are many hackers whose brains are extraordinary

[sarul]

Depending on which exchange they are stored with. Generally this is quite safe, but I prefer to keep my coins on my Trezor. anything can happen, exchanges sometimes hacked , replace the address. therefore it is better to keep the most of your coins not on the exchange - on your wallet ..

Yeah, it should quite safe since it was a famous and big exchange like bittrex,binance, poloniex or livecoin. However they have 2fa factor in addition for more safety. Althought, surely the site still have chance to get hacked because hackers will be getting smarter over time.

[jjdub7]

Exchanges are not a dangerous places to keep your coins and the coins are not in danger, but why would you keep it in exchange if not use it for trading? If the coins will be stored the best place is hardware wallet.