Coins kept in exchange, are they safe?

[anume123]

If you will store you funds or bitcoin in exchanger it has possible to lost and founder of exchanger will own your money but its already depends if you have a proof that your funds will recover.

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[khalifa25]

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

Actually both if attacked by hackers, has the same devastating effect on the user. That is why I spread my account in my wallet and in different exchanges. At least when the wallet or exchanges get compromised, the hackers do not get all my assets. Also assets in exchanges allow you to readily trade your coins right away during instant rise of a specific coin.

[mapsi]

I am holding my coins on hardware wallet.I do not think that the tokens or coins that you leave on the exchange have the property of being safe. Hardware wallet always safer than exchanges man.
Only trust yourself. not trust to anyone.

[Xclusive5]

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

The statement should be, I fell keeping coins on exchanges maximize the risk of loosing our coin to wallet hackers. Having your coin on exchange doesn't minimize any risk at all because its that exchange that can be easily hacked at anytime. Its safe to have your coin in wallet rather than exchange because exchange can be hacked at anytime.

[GabrielKiara]

I don't think that is safe. It's more safe if you put it on your wallet, cause it's more safer than you just leave you coin on market for avoiding transaction fee

[bboyjohn]

No place can not be as secure as wallets without an internet connection. The world's largest sexchange, though one day may be bankrupt or attacked - hacked. You may lose your coins..

[mitchel_am]

I personally think it is not safe to keep your coins in exchanges. Why don't you choose a wallet? There are many trusted wallets out there

[thisav]

It is a very bad idea. Exchange is only use for trading, not for storage coins. First, you don't know the exchange is scam or not. When you are storing your coins in them, you are taking your own risk. Secondly, the exchange may be hacked and you will lose all your coins. Best example is the coincheck being hacked and lost worth $500million coins and cannot get it back forever. So think twice when you put you coins in exchange.

[Isterichka]

I would not tell that coins which we store at the exchanges in safety. But it is also possible to tell that coins which we store at ourselves on purses too are not in safety and they can be taken away from us.

[blackhawkeye1912]

This is what I can say, there were exchanges in the past that had been hacked bigtime. Hundreds of millions of dollars worth of coins had been lost. So, your decision are you still going to fully trust exchanges? Consider all aspects. There is no safe exchanges in cryptocurrency.

[abstmain]

Technically you are not the owner of coins which are kept in exchanges because the addtess doesn't belong to you. So, it's never safe to put your coin on exchange. Also, sometimes exchange may get hacked too.

[biochem123]

Depends on the exchange, I trust Binance and Deribit, wouldn't keep them on the other exchanges

[Broiler78]

I think there is no security in this world. But saving coins in exchange is a step to prevent hacking. I'm sure coins stored in exchange will be safe.

[LieTOme]

It's not safe to keep our coins. Your property must be carefully stored with a secure password only if you know it. We worry only that when we store them when prices drop, they lose a lot. That is unavoidable.

the security that we have today is our own task, I think, avoid sites that we don't know and save with our secret password properly, maybe in the future there is a more reliable system in terms of security and comfort in investing

[Lumada]

It's not safe to keep our coins. Your property must be carefully stored with a secure password only if you know it. We worry only that when we store them when prices drop, they lose a lot. That is unavoidable.

the security that we have today is our own task, I think, avoid sites that we don't know and save with our secret password properly, maybe in the future there is a more reliable system in terms of security and comfort in investing

Keeping it on exchange depends on exchange capability and reviews. Join on trusted exchanges but never put all in it. Buy ledger or trezor for security.

[onirecon2018]

Every coin storage method is risky. So you can split the archive to reduce the risk of hacking the wallet to the lowest possible level.

[emmybd]

There are some exchanges such as Binance which is i believe quite safe to keep your coins, but it wouldn't be a good idea to keep them for a long time, if you are not doing trading regularly. It is recommended withdraw them in your wallet.

[Rosesie]

No, it is not safe. You can lost your coin at any time because there are so many hacker, they will hack your exchange

[opalet]

I try to store all the coins on a purse. Because I do not trust exchanges. There were cases of breaking by swindlers, in that case you will not be able to return yourself the coins if to steal them.

[kingsman03]

No they are not, there is 90% of loosing them. With the rate of increasing hack on exchanges, you shouldn't be thinking of leaving your assets on an exchange