For the love of... don't keep your coins on exchanges

[tumokatok]

I think keep your coins in the wallet hardware or cold storage to keep it safe. I do not think hacking will stop. They will keep trying until they get everything. and we have to agree with this. Unsafe saving coins in exchange. A lot of hacking has happened, I hope it will open everyone's eyes

[crypto_geeek]

I agree with you. Keep crypto currency for long-term storage on the stock exchange. But this option is not suitable for crypto-currency traders, since they need to have the crypto currency always on the exchange. Therefore, crypto-currency traders need to partially withdraw their funds from the exchange.

[Aligab166]

Yes, it is not safe to keep your coins or tokens in exchanges for too long. But, it may be quite difficult for the long term traders who may need to set a limit order while waiting for the order to be met. I think this is one of the major reason you will always find coins in exchanges.

[Omega Weapon]

I agree with you. Keep crypto currency for long-term storage on the stock exchange. But this option is not suitable for crypto-currency traders, since they need to have the crypto currency always on the exchange. Therefore, crypto-currency traders need to partially withdraw their funds from the exchange.

That is the risk they have chosen to take, cryptocurrencies are meant to be held for you and no one else, if someone else has access to your private key then you do not own any coins and leaving your coins in an exchange means that you are basically trusting that exchange to secure your coins in your name and as we have seen many times already most of the time their security is not enough to protect your coins.

[MoeKaloolon]

Times without number has it been mentioned that people do not keep their coins on exchanges yet they do not listen. Exchanges are not an alternative for wallets, if you are holding your coins for a while and you are not trading the coins then you should transfer those coins to your wallet and keep them safe. Your coins are not safe on exchanges

[Gabri]

I keep only the coins that I have in my investment portfolio on the stock exchange. In addition to the password is also authorization through FA2, so you should only be afraid that the exchange itself will go bankrupt. And the other coins are on the Ledger.

[PonyBoy]

People are thinking that the security of that exchange will be enough to protect their funds in real time. But it is not true, you can be hacked in every moment even by now. For long-term storage you must creat a wallet and keep your moneythere.

[phamduc171a]

I think who have alternative option to keep coins somewhere safe, will not keep their investment in any exchange now onward. It is being unsafe day by day. And people are loosing their money and in future it will be a big issue for the traders if safety for exchange is not assured.

[wayaneka]

I dont have any choice because my purpose is to trade that coin to maximize the profit, and to be more safe i have been use more than 5 different exchanges and put my money in to each 20%, this is way to minimize the risk for issue of hacking on the exchanges.

[lamadu3]

Again we saw an exchange got hacked. There would be nothing to hack there if people didn't keep their coins on exchanges! For the love of Dog (lol), don't keep your coins on exchanges, start practicing safety, this is your investment we are talking about!

The best thing to do is to keep your coins in hardware wallets. I am sure that it is safest place for keeping your money untouched. But even such wallets can have security problems as I have known recently.

[El Loco]

That's among the first rules people have to read before join crypto.

Never give yout private key and never store your coins/tokens on exchanges. The most of exchanges are centralized, it means that you (crypto holder) haven't the private key of exchange address. If the exchange closes (scam or other reasons) you can say goodbye to your funds.

[metribitcoin]

Bancor exchange get hacked, and i dont why decentralized exchange also easy to hack. I dont have any choice because i want to trade all my coin, high volatility of crypto is not profitable to hold any coin. Only by use several different exchange we can reduce the risk of hack of exchange.

[oholdwave@gmail.com]

I see most of the trading floors are quite safe. Some of the hats are going on, but it's not as much as hacking in the free wallets that the publishers offer

[SweetCryptoNews]

People keep their crypto currency on the exchange, as they trade it on a daily basis. This is the main reason why people do not transfer money to cold crypto currency wallets.

[madhukk]

Sometimes you can not immediately sell your coins or tokens on the stock exchange and you have to take risks, although I think that all traders should know that leaving the currency on the exchanges is quite dangerous. It often happens that sellers put their coins or tokens at a fixed price for sale and if the buyer is located, the transaction occurs without the participation of the seller. This is quite convenient, so people will continue to risk, because wallets in the market are not very often and everyone hopes that it will bypass them.

[MrSpasybo]

Why we should keep security tokens on exchanges if they can allows us to earn shares from company profit in future?!
I invested in Organicco project and will keep ORC tokens in my balance on website to earn more and more easiPayer coin in future.
You can do it now, this is their ANN thread: https://bitcointalk.org/index.php?topic=3379079

[Jamesdila1]

sure. always its safe to use a wallet which you control private keys of crypto assets. so you can keep the private keys safe and you will be happy. always exchanges are risky. just use exchanges to do day trading

[surgical_duude]

Again we saw an exchange got hacked. There would be nothing to hack there if people didn't keep their coins on exchanges! For the love of Dog (lol), don't keep your coins on exchanges, start practicing safety, this is your investment we are talking about!

After the recent security clutter, it's hard to imagine that cryptocurrency became the technology of the future. Perhaps the safest way is to store in the hardware wallet.

[ApemQ]

Again we saw an exchange got hacked. There would be nothing to hack there if people didn't keep their coins on exchanges! For the love of Dog (lol), don't keep your coins on exchanges, start practicing safety, this is your investment we are talking about!

yes sure, very risky if someone keep their asset on exchange, the most appropriate thing is to save all personal trumpet assets, many bad experiences from some people who keep their assets in exchange, so start now be careful. consider your assets well.

[cherryganda]

Again we saw an exchange got hacked. There would be nothing to hack there if people didn't keep their coins on exchanges! For the love of Dog (lol), don't keep your coins on exchanges, start practicing safety, this is your investment we are talking about!

If you will not let your token or coins rest at any exchanger.
how can you set a buy or sell wall then?
hackers do hack exchanges but not our wallet on the exchange.