Coins kept in exchange, are they safe?

[Rina Ambar]

but in my opinion it would be safer if stored in a wallet, it's just that you have to choose a trusted wallet for security, but actually it also doesn't hurt to also save on the exchange, but maybe it's not in the long term, if you want to save coins in the long term it should be in wallet

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[DarkHerO15]

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

As there are wallet hackers, there are exchange hackers. Nothing is secure. Exchanges may get hacked. You should still keep your coins in our wallet, or wallets. Have many wallets, and many exchanges. This can reduce the risk.

[alex_kir]

No, definitely not, because the crypto exchange, it's certainly wonderful, but you must not forget that you are transferring your funds to the hands of people who promise to change your tokens to something else it already depends on your desire.

[DyllanGM]

You know ive heard so many stories about coins being stolen from exchanges, but could be not true for all exchanges. Still the best way to avoid theft is as much as you can, store it in your own wallet.

[Anna Borisovna]

Exchanges are probably safer than wallets, especially if you put two-factor authentication. Of course, from those that have long and stable work and have a reputation and a good volume of daily operations.
But the safest is a hardware wallet)

[edynolan]

if stored in the wallet most likely very safe, but if stored in the market most likely to be able to hackers. this is what I have experienced especially in coins that have a high exchange rate.

I think the safest way for now is to store in several wallets and several exchanges, to not have eggs in one basket, if you can't control this basket 100%.

[fadlyzuld]

I think yes, because we will not lose our private key, but my advice is better we choose the right exchange to store the coins we have.

Hackers can attack exchange anytime. So even if we don't lose our private key, our money still not be safe. Another thing, when you put you coins into exchange, that mean you have transferred your coin to other people

[dimon01]

but in my opinion it would be safer if stored in a wallet, it's just that you have to choose a trusted wallet for security, but actually it also doesn't hurt to also save on the exchange, but maybe it's not in the long term, if you want to save coins in the long term it should be in wallet

I think both options are good. Both wallets and exchanges can be hacked, but I agree that for w along-term holding, the wallet is better. I would choose several wallets.

[Belianez]

Now I feel safer to keep money on the stock exchange such as binance, than for example on mew when very often you can burn your data by phishing

[profitbezpredela]

Many people say that keeping coins on the exchange is very dangerous. After all, the exchange can be hacked any moment. So you can lose all your capital.

[terencio]

Nope, and never it will be safe, this month I am receiving message from cryptopia and liqui that they are going to delist an alts in their platform. What if your not attentive to read your email, then you will lose your alts if you don't withdraw on or before the deadline date.

[Kiefner]

It all depends on what exchanges you keep your coins, but still exchanges are often hacked, so it is best to store in your wallet, although they are also quite often hacked.

[dolcefarniente]

If it seems to you that it is normal and safe to store your money in the purse of someone you do not know, then it is safe to store crypto tokens on the exchange.

[granchio]

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

I think both exchanges and online wallets have risks. But I think exchanges are a little bit better than the wallets. Apart from these, I think hardware wallets are the best choices.

[sarul]

You know ive heard so many stories about coins being stolen from exchanges, but could be not true for all exchanges. Still the best way to avoid theft is as much as you can, store it in your own wallet.

Thankfully, it's rarely to hear about that in this year. See that exchanges place is so many right now, so there must be a few of them that have low security levels. Besides that, user also make mistake because she does not store their personal data such as passwords properly. So I think everything is not due to the fault of the exchanges, user error also need to attention.

[rachman mahesa]

It is very good if you save money in the wallet on Eerc20. Of course it's very risky. So if you save in freedom I feel very safe.

[ice098]

You know ive heard so many stories about coins being stolen from exchanges, but could be not true for all exchanges. Still the best way to avoid theft is as much as you can, store it in your own wallet.

Thankfully, it's rarely to hear about that in this year. See that exchanges place is so many right now, so there must be a few of them that have low security levels. Besides that, user also make mistake because she does not store their personal data such as passwords properly. So I think everything is not due to the fault of the exchanges, user error also need to attention.

Yes some of them are safe but make sure your exchanges is trustworthy because not all exchanges are created equally, so I suggest be careful of choosing coin exchange. Also not only to coin exchange but also in choosing wallet, if you want to kept your coin to it them make a password that difficult to guess so it will hard to hack. Where ever you kept your coin as long as you have strong password your coin is safe.

[rodskee]

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

It's depends the exchange do you use?
But better to keep your coins in very trusted coins storage with have strong security keys
But if are use your coin for your trading job no need to worry about the safety of your coins becuase you can monitor every now then.
I suggest use the trusted exchange try nexybit platform to avoid worry

[coinluisa]

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

Don't give your full trust to exchange that your funds will not gone because once the exchange got hack al your coins will be gone too. Use wallet that secured like hard wallet and ledger/trezor so your coins will be really safe.

[CryptoIyke]

I was taught as a newbie never to save my coins in exchange except the coin has no external wallet or I am trading with it.... When not trading, all coins should be out of the exchange....though external wallets can also be hacked but exchange is less safe