Coins kept in exchange, are they safe?

[masterkiller]

I answered yes, but that is if the exchange you use has multiple security systems such as poloniex, binance or bittrex. Although basically none of the systems connected to the internet are safe, at least within 3 years, I keep my assets in an exchange, and until now everything has remained safe.if you want security that is far better in maintaining your assets, you can use offline wallets that are already widely available, but with the risk of being lost or damaged

[letsfly]

Depends on the exchange I think. I am using kucoin and binance exchange and so far haven't got issue of my coins being keep there for several months now. I believe they have great security and trustworthy company.

[thuthanh]

In my opinion we should not leave Altcoins too much on the trading page. It is too dangerous by accident or because the hacker attack is very risky.

[Bangjull]

If in my opinion, if kept in exchange, it is very detrimental to ourselves, it is better to keep in our own wallet that is safer, but if you exchange and token and coins are very safe and trusted by the public

[Snake9999]

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

Unless you accidentally put a Trojan virus into your computer, the hacker will never stare at your wallet. If you really have a lot of cryptocurrencies, then you know how to save it is the safest.But I don't think this will be stored on the exchange.It can't be kept in exchange

[RistirP]

Storing your tokens in a personal wallet will be safer, especially if the amount is large! Is several cases of exchange being hacked and exchange suspending people accounts without notice before.  Need learn how to be careful.

[BitcArchi8]

It seems to me that keeping all your money only on the exchange is a bad idea. It seems to me that it is best to store your money in different places

[mashino12]

in our time , there is nothing safe, the safest option is a cold wallet . all other options are not safe

[drinkyj]

This is the most worst idea ever. How could you trust a stock exchange more than yourself? Bro, listen to me, stocking coins in your wallet is the safest way in the world.

[Getmon]

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

They are but not really as safe as we might think or want to believe. That is why a lot of people are saying that if you want to really store your coins in a safe wallet, avoid having them in exchanges. Of course, the primary choice would be the hard wallets. However, if you are a trader, you need to have them kept in exchanges in order to avoid constant sending which may cost you a lot.

[Mystogan915]

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

I think it is a good idea getting your coins in an exchange but there are some exchange that you will not get back your tokens to the wallet or your tokens will be lessen if you transfer it to your wallet. Maybe that is a good idea to transfer it quickly and hold it on the exchange sites and then sell it with a high value.

[Holla123]

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

Best to get a hardware wallet. Of the exchanges I would only leave any coins or tokens on Binance and Cobinhood. Kraken supposedly also very good safety but I hardly use it.

[Fitrilalala]

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

well my friend there is more exchange got hacked than wallet. I believe its safe to safe fund on exchange as long as its trusted cause they will pay back the money that you lose if you got hacked on that exchange. But still better safe it on wallet then exchange.

[alian17]

I don't think it's safe to put token on the exchange. The exchange has no absolute security. Some exchanges are easy to be attacked by hackers. It is easy to cause property losses. We try to mention token to our proprietary wallet. You need to turn out when you need to trade.

[Arcanefist]

Now there is no sense to fight hackers because the system did everything itself. All wallets are currently protected as much as possible and hackers are rarely hacked. And in order to compensate for the damage in case of loss, you only need to keep the money on the exchange and then you will be reimbursed in any case

[kobita333]

Exchange wallets are not yours, remember. So, technically, you are not the owner of your funds as long as those are kept in exchange. Anytime, you may lose your fund. Also, your account may be frozen for various reason.
Keeping your fund in your own wallet is the safest way to be safest.

[edmundo]

I completely advise against leaving your coins/tokens on the exchange. There is a string likelihood that very many shabby and poor exchanges will fold up hence going down with digital assets of their users. We have seen such examples with the likes of Bitpaction, octaex etc. They folded up and users/investors lost hundreds of thousands of dollars in the process. Also, they is a huge chance of hacks associated with exchanges. I will say, in all that you do, please don't leave your digital assets on the exchanges, withdraw them to an external wallet where you control the keys, it is safer this way.

[dogtana]

Not only is it NOT safe, by enabling hackers to easily steal your coins, you are making no favours to crypto market as a whole! With every major exchange hack, trust of the public falls and with it, the market!

[milani]

I do not think that holding coins on the exchange will minimize risks of losses. I think that just on the contrary it opens lots of opportunities for hackers and leads to the bankruptcy of the exchange.

[otandelapaz]

No, they're not. These are prone to hacks and these exchanges may suddenly shutdown for some reasons and you'll never have your coins back.

Put your coins there if your planning to trade soon. Never keep them for a long period of time.

My advice is you have be updated on all announcements regarding your coins so you'll know when to trade or not.