Do you think it is safe to buy coins that are only listed on one small exchange?

[dexter141]

I want to start investing in early projects, and I want to ask if you buy coins on small exchanges? Is it safe? And to what extent are such exchanges protected from hacker attacks?

I am interested in such coins as nwc, cdt and mana, what do you think of these projects? Should you buy these coins?

I don't know about the coins you listed, but I have experience of investing in coins that were traded on small exchanges but in the future gave a good profit and started trading on good exchanges. (It all depends on the project) But there is a big downside to small exchanges - it's not the certainty that they will exist tomorrow, or they will not be hacked. (My example: Closing of the CoinBene exchange, withdraw all your assets as soon as possible https://bitcointalk.org/index.php?topic=5370391.0)

[dothebeats]

It depends, mainly.

You also have to consider the exchange that you want to deposit into, as this will be an important factor in deciding whether or not you'll even get the funds that you intended to use to buy in to a relatively new project. Personally, I would try to risk just a small amount to make sure it's safe, and if ever I got the first few transactions smoothly, then I'll go ahead and deposit a larger sum, then immediately take out the funds once I got what I need—that is if I really wanted to get in on a certain project so bad.

[jossiel]

I want to start investing in early projects, and I want to ask if you buy coins on small exchanges? Is it safe? And to what extent are such exchanges protected from hacker attacks?

I am interested in such coins as nwc, cdt and mana, what do you think of these projects? Should you buy these coins?

Depending on that small exchange where it is listed.

There small exchanges that has good security and there are those that have been made just to have the fees and list any coin that pays them.

You have to do research first on that exchange if it's a good one despite being small.

[$crypto$]

I don't believe this will be secure in fact small exchanges are much more vulnerable as there is usually no tighter security IMO.

It comes back to us because everyone is always different from what they want, if using the exchange with a short time for me is no problem except for saving for a long time then I will worry about it.

Well at the initial investment you must know the background of the project that you think will develop in the future and be listed on a large exchange, that's the most important thing.
Do your analysis.

[tvplus006]

I want to start investing in early projects, and I want to ask if you buy coins on small exchanges? ..

Of course, there are exceptions, but as a rule, most coins start with listing on small centralized exchanges. And they are the first step before listing on major exchanges. And if the project is worthwhile, then it will certainly help to increase the number of people holding the coin, without which listing on a major exchange is impossible.

[nitin8263]

I think it can be risky to buy that coin on one small exchange but if you are buy that coin so use very small amount in that coin then you will get its a good or not.

[Doell]

unfortunately ! products that exist on small exchanges are vulnerable to shitcoins besides other investors will not be interested in low liquidity so is't safe ,better stay away and stay on the safe path! you should make better use of your money as possible because the real profit is a bonus!

[matjas]

I want to start investing in early projects, and I want to ask if you buy coins on small exchanges? Is it safe? And to what extent are such exchanges protected from hacker attacks?

I am interested in such coins as nwc, cdt and mana, what do you think of these projects? Should you buy these coins?

The problems with coins which are only listed in some small exchange is, that trades and price is likely manipulated. It will be easy to buy your coin there, but because of small demand, it will be much harder to sell it. Also, risk of how safe are small exchanges is always present.
I would say go for it if you are young to put small part of your portfolio there, otherwise is not worth it.

[BitcoinAccepted]

I heard Mana (Decentraland) if I'm right, but haven't heard of the others. Even though they are listed on one small exchange I think they are worth it if you have read their whitepaper and you see that they're really a good project, some projects were listed on small exchange first before listing on big exchange we all started somewhere right? I think Mana is a good investment now what more if the actual project launched.

[RussianEnglishTranslation]

I want to start investing in early projects, and I want to ask if you buy coins on small exchanges? Is it safe? And to what extent are such exchanges protected from hacker attacks?

I am interested in such coins as nwc, cdt and mana, what do you think of these projects? Should you buy these coins?

Yes, if you aren't rich already you will make the most money by investing in small projects before they list on major exchanges. That's how I found REF, OCT, 0xMR, BAL, and Yape.

[maydna]

I want to start investing in early projects, and I want to ask if you buy coins on small exchanges? Is it safe? And to what extent are such exchanges protected from hacker attacks?

I am interested in such coins as nwc, cdt and mana, what do you think of these projects? Should you buy these coins?

I am not too interested in buying the new coins in a small exchange because the coin will not have a chance to grow. Small exchange doesn't mean they are not safe from the hacker because perhaps, the hacker will give more attention to the big exchanges as if the hacker can penetrate to that exchange, they can get more money. You should search for the other coins in major exchanges because that can give you a chance to make a profit

[dimonstration]

I am not too interested in buying the new coins in a small exchange because the coin will not have a chance to grow. Small exchange doesn't mean they are not safe from the hacker because perhaps, the hacker will give more attention to the big exchanges as if the hacker can penetrate to that exchange, they can get more money. You should search for the other coins in major exchanges because that can give you a chance to make a profit

While the risk is really their but if the coin have potential and think worth risking then it can be fine if we wanted to have it in their early stage. If that coin is indeed good they will probably be listed soon in major exchanges. Just make sure to follow their development and their exchange goals. There is a need to know what they can do. It’s a matter of risking or waiting them to be listed in other exchange.

[Russlenat]

I want to start investing in early projects, and I want to ask if you buy coins on small exchanges? Is it safe? And to what extent are such exchanges protected from hacker attacks?

I am interested in such coins as nwc, cdt and mana, what do you think of these projects? Should you buy these coins?

Most of the coins that are listed in small exchanges are not safe, why? because their listing fee is cheap, therefore the scammers can afford to get their project listed. Small exchanges have not built a good reputation yet, so most probably they don't conduct a thorough investigation before listing a coin as they could always tell us that they don't dictate the price movements of a certain coin.

Although I'm not saying buying coins in small exchanges is bad, just always remember that the risk is high on non-reputable exchanges, but if you are lucky to buy a gem, it will certainly give you a decent profit.

[coin-investor]

I want to start investing in early projects, and I want to ask if you buy coins on small exchanges? Is it safe? And to what extent are such exchanges protected from hacker attacks?

I am interested in such coins as nwc, cdt and mana, what do you think of these projects? Should you buy these coins?

I want to post my opinion in general, not on the coins you've mentioned it's ok to invest in a new coin, it's safe based on your diligent research on the potential of the coin even if it is listed in a small exchange there are a lot of coins that I invested that started in a small exchange, just this year I'm lucky to be part of the new coin that started in a small or decentralized exchange and yet they are moving and growing in their potential if the coin is listed in a questionable exchange then wait for the coin/token to get listed in a better exchange.

[tvplus006]

I want to post my opinion in general, not on the coins you've mentioned it's ok to invest in a new coin, it's safe based on your diligent research on the potential of the coin even if it is listed in a small exchange there are a lot of coins that I invested that started in a small exchange, just this year I'm lucky to be part of the new coin that started in a small or decentralized exchange and yet they are moving and growing in their potential if the coin is listed in a questionable exchange then wait for the coin/token to get listed in a better exchange.

I specifically registered on the Mexc and Gate exchanges, because these exchanges are the first to list new coins. Moreover, Gate does it for free, unlike other exchanges. But this does not mean that it conducts a listing without any selection. And these exchanges are of interest to traders because they give the opportunity to buy new coins at a low price before they are listed on major exchanges.

[WalkerIVIV]

As long as that small exchange site is very well known by community and it doesn't have bad track record and it's safe. I have been using various small exchange site like hotbit and many more. Some of them were not reputable exchange site but i never had any problems with it. This may be different with others but im so lucky about that. I do believe even small exchange sites regularly auditing and doing maintenance for its service to prevent vulnerability that can be used by hacker but remember that it's not all of people were using the same way to detech bug or vulnerability.
Any centralized exchange site has chance to be hacked and by the way. Decentraland token aka mana was only coin that's worth to buy right now.

[smartaction]

I want to start investing in early projects, and I want to ask if you buy coins on small exchanges? Is it safe? And to what extent are such exchanges protected from hacker attacks?

I am interested in such coins as nwc, cdt and mana, what do you think of these projects? Should you buy these coins?

It is not safe to investment on small exchange listed token. Boz Real and big project team will not list there token on any normal exchange. They can take a long time for token listing but they will not choice any small exchange. You can invest in ICO or IDO. but before investing you must research and investigate  that project carefully.

[geegaw]

I want to start investing in early projects, and I want to ask if you buy coins on small exchanges? Is it safe? And to what extent are such exchanges protected from hacker attacks?

I am interested in such coins as nwc, cdt and mana, what do you think of these projects? Should you buy these coins?

I am not too interested in buying the new coins in a small exchange because the coin will not have a chance to grow. Small exchange doesn't mean they are not safe from the hacker because perhaps, the hacker will give more attention to the big exchanges as if the hacker can penetrate to that exchange, they can get more money. You should search for the other coins in major exchanges because that can give you a chance to make a profit

The growth rate of coins on small exchanges is really low when daily trading volume is not a useful number, it is almost a fake number, besides, most of them are projects that try to list so that the development team can sell tokens to convert to money then abandon but scrap will also have diamonds mixed in it. So, for those who like to get rich after a project and adventure in treasure hunting, small exchanges have options for them, large exchanges include only sustainable forms, keeping reputation and reducing risks for customers

[ZAINmalik75]

This is safe to buy the new coins which are listed on small exchanges but there is one thing that this project must be those project which show progress on daily base or weekly base and which has always new announcement coming some partnership . and the main thing is that his sponsor must be big brands if all these quality found in any project then your investment in those project must be profitable

[TopTort777]

If a project has a "big sponsor", then why should he get listed on a small exchange? He should move to a bigger one. It will make projects price go up more quickly.

I doubt that project will post daily reports with work done, milestone achieved. It is better to do it monthly. Doing it daily will turn work into routine and such reports will annoy workers. I know what I am saying, I had to make daily reports myself; to report every 5min I spend. I spend about 20min of my work filling what I have done at 9:00, at 9:05, at 9:10 and etc. Total bullshit.