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Author Topic: Coins kept in exchange, are they safe?  (Read 5649 times)
jusertvaz
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September 27, 2018, 04:06:05 PM
 #941

you can store your coins anywhere and all the early you will be safe because if hackers want to steal your money then they will find a way how to do it. You can distribute your coins to different wallets and exchanges or store coins on a cold wallet

Hanvis
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September 27, 2018, 04:07:55 PM
 #942

I do not keep my tokens on the stock exchange, and I do not advise you. I transfer to the stock exchange only when I need to sell or buy something.
steinkopf
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September 27, 2018, 04:08:21 PM
 #943

I think it's not very safe. If you do not use these coins for trading, then you must store them in a more secure place. I think the safest repository is a hardware wallet.
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September 27, 2018, 04:13:29 PM
 #944

I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.
I agree with you because In my experience we should keep our money at our personal purse myetherwallet is safe. Even if you put a lot of money on exchanges when you crash or get hacked, it's very dangerous. So i do not think there should be two layers of protection.
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September 27, 2018, 04:14:07 PM
 #945

I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.
It is not safe, being in control of your asset is best, it is possible for an exchange got hacked by hackers also.
Omela44
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September 28, 2018, 10:06:13 AM
 #946

I would never leave my coins on an exchange. The risk that other people can dispose of my coins is just too big for me. I also do not want to lose my coins by hacking the exchange.
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September 28, 2018, 04:49:25 PM
 #947

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

Yes it is safe, as long as you set it in 2FA authentication, or apply it on the kyc too. But choose only exchange that are listed in the top 20 exchange in the market which has a high volume of bitcoin everyday like Binance, Houbi, Okex, Bitfinex, kucoin, hitbtc, Coinbene, Bittrex, and more.
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September 28, 2018, 06:07:17 PM
 #948

do not kepping your coins on the exchange because they have a big risk. Exchange can be hacked at any time, save your coin in a wallet or hardwallet.

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September 28, 2018, 06:09:14 PM
 #949

In crypto there is a rule, when you do not own a private key you do not own cryptocurrencies. So, coins which are stored on centralized exchanges are not yours and can be easily stolen Wink.

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September 28, 2018, 06:44:15 PM
 #950

There are tons of fake exchanges. Even trusted exchanges started to fool users, so you should not trust none of them. It would be better for you to find another way to keep your tokens safe.
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September 28, 2018, 06:58:25 PM
 #951

I believe that the safest place to store your scriptactive is a hardware or a cold wallet . But if you're trading, then this storage method is not convenient . Any cryptogenic vulnerable to be hacked. So I follow the rules - don't keep all your eggs in one basket - ie keep their bitcoin on multiple crypto exchanges.
Valareos
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September 28, 2018, 10:24:55 PM
 #952

It all depends on what kind of wallets the exchange will store your coins and what kind of exchange is decentralized or centralized.

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dgoswami12
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September 28, 2018, 10:28:41 PM
 #953

Absolutely not , keeping your coin on exchanges are the most unsafe way according to me. Exchanges are favourite for hackers. Its better to use a online wallet if we cant afford a hardware wallet but not on exchanges.

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Coolnoah
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September 28, 2018, 10:35:54 PM
 #954

Coins kept in the exchange are safe but where the problem lies is when the coins are trading listed and mooning in another exchange, it will be difficult or costly to send the coins there.
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September 28, 2018, 10:42:04 PM
 #955

I do not keep my tokens on the stock exchange, and I do not advise you. I transfer to the stock exchange only when I need to sell or buy something.
What stock exchange are you putting your coins on? That sounds like a scam for new coin deposits.

 
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September 28, 2018, 10:44:17 PM
 #956

storing bitcoin or our assets in exchange, in my opinion, it is safe, but it is endeavored not to focus on one exchange, but some because we will not know what happens in the future, so it is better to anticipate such a hack.

darefreads
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September 28, 2018, 10:50:58 PM
 #957

Keeping the coins in the exchange are not safe because sometimes the currency are decreasing and increasing it's value. What I mean is we know that if it increase it's value it became popular to people who want to invest to it. And if it decreases it's value while it is in the exchange, some exchange removed the currency that is listed to them because they know it won't grow anymore.
abake
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September 28, 2018, 11:00:03 PM
 #958

Keeping coins in exchanges is not safe. Personally, I only transfer coins or tokens to exchanges when I want to trade. Aside that, I don't keep my coins in exchanges. The big question is, what if the exchange gets hacked? Your funds might never be recovered.  Personal wallets are the best. Also, I recommend hardware wallets like Ledger Nano and Trezor.

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September 28, 2018, 11:12:21 PM
 #959

In my experience, they seems to be secured but when they go under maintenance you can't withdraw yoir coins for a moment and the one thing I like is they are giving free coins when you're holding some coins.
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October 01, 2018, 10:11:20 AM
 #960

There is no security attestation of letting our coins kept on any exchanger. Hacking conditions in two or three trades will cause correspondingly of losing our set away coins in their objectives. On an extremely essential level, there is no veritable technique to feel that we are totally guaranteed in crypto, it a part of the time we've been hack as our own one of a kind outcome lack of caution particularly visiting unbound territories tend to hack our private keys. It is more keen to check it before doing anything as their concerned is our private keys.
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