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

[minurre]

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?

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[Jackl87]

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 really know about the three projects that you mentioned so i can't really give you an advice on those coins i can only tell you, that you should always be aware if someone tells you that you need to buy these coins now because they will surely do a x10 very soon or stuff like that because most of the times those guys are just shillers that just want to dump on you.
Regarding small exchanges, it is of course always more risky to trade on small or new exchanges. Being small alone makes an exchange not automatically bad because there are hundreds of exchanges  out their nowadays so if it is an exchange that is already out for quite some time then i would not be too worried. Best would be to check with a small amount first, if withdraws work and stuff like that.

[kidbounty]

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

yes, I bought new coins from less popular exchanges. is it safe? very clearly it is risky. but usually I always observe and make an analysis, whether the coin is worth it or not before buying. all back at risk, if you can compromise with this then buying new coins on small exchanges is not a problem.

And to what extent are such exchanges protected from hacker attacks?

Before worrying about hackers, I was more afraid of the development team than the coins I bought. because 90% of new coins that are on small exchanges end up being abandoned by developers. this always happens when the project is not in demand. after all hackers are not after low cap coins, so new coins are not their target.

[_IRMAN]

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

NWC, CDT, and MANA are not only listed on small exchanges, they are already listed on many large exchanges.
Of the three tokens, the best in my opinion is Decentraland (MANA). MANA is a Metaverse project, and as we know the metaverse has a huge hype right now.

[mu_enrico]

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?

Nowadays, you don't need to buy cheap coins on small exchanges as you can use DEX (pancakeswap et al.)
However, if it's only listed on some random centralized exchanges, better be careful. The best practice is to always go in (deposit) and out (withdraw) immediately as it can be hacked anytime. I, for example, still have some shitcoin in Cryptopia, which was closed down because of embezzlement.

[makishart]

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?

As long as the small exchange site has good reputation and that's fine. It's safe but remember that you must have checked the reputation of coin that you will buy it as well. There's no guarantee for that exchange site protected from hacker as the hacked case can happen from the various bugs that being exploited by the hacker. The developers of exchange site didn't aware about this bug and hacker was using this to hijacking the exchange site.

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

NWC and MANA were good but it's not for CDT. this one seems bad compared with NWC and MANA but i prefer to go all in MANA rather than diversify my money into the some coins that didn't get hype like NWC and CDT. It's not again for CDT. CDT will be dumped to the zero value.

[TopTort777]

Just be cautious with these coins you want to buy. Listing on small exchange means they don't have money for listing, and their project is so weak, that exchanges does not offer them free listing. I would buy such coins only if they are traded at least on two exchanges. Just to have a plan B in case one exchange decides to delist this coin. It is a very complicated question btw. What do you mean by "small exchange" ? Low trading volumes? Or due to lack of good reputation? If you want to make a purchase, not only you have to do a proper research of this coin, but you need to find out a lot about exchange itself. As it might get disappear quickly, get hacker or turn into scam.

[Al Qiyamah]

 As much as possible avoid buying your crypto assets on small exchanges, because it is too risky for fraud and price manipulation. its protection system is also still in doubt because it is still a new exchange. You also have to pay attention to the token or coin that you buy, whether it's good in the future or just a moment's hype and the risk is that you can lose your money.
I just know MANA is good, because it's a metaverse project, which is in high demand these days.

[aseprebel]

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?

If I have 20000 Dogecoin maybe I will invest 10% of this coin a little and I will think about investing in another coin because this coin Dogecoin does not have a whitepaper. The price really depends on Elon Musk's tweet. The Musk effect has driven much of Dogecoin's price spike, and it's not a driver of sustained growth.

[mdzahed134]

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?

Those three coins MANA is top #38 ranking in CMC, And it’s listed on the Binance and also NWC is potential coin even though listed a few top tier exchanges KuCoin,Gate.io BitMart. CDT is trading on PancakeSwap. I don’t think why you want to buy those coins from small exchange (if you feel unsafe exchanges). You can buy DYOR.

[Gozie51]

To be an early investor is good because you start making profit as early that is if the coin because successful. But to invest in a coin only listed in one exchange is risky and if it is long listed on that exchange, common knowledge will confirm to us that the team is not serious and with inactive community. A coin with only one exchange means few traders will buy and low activity on it will chase away other investors. Example of such exchanges with very coins found only in it was coinexchange that has eventually close down.

[nimogsm]

on small exchanges, it is worth risking only a small deposit, first of all.It is better to participate in early sales and wait for the project to be released on exchanges that have a reputation, then there will be a chance that your funds will be safe.One token from your list can be easily bought on good exchanges.

[isaac_clarke22]

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Depends on what exchange it is. I would advice against it if X coin is listed to X exchange, which in short don't invest in coins that is listed to its own name of an exchange. You're risking getting locked out of your funds claiming that their team needs to collect information to those who bought their tokens, and worst is wanting your information as a KYC procedure.

I had never invested in those coins that you mentioned, but take my advice.

[tukuapaora]

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

bro,related to the coin list you said, very unfamiliar. better replace and invest with top coins.

[dbc23]

Crypto investment be it on big exchange or small exchange is still risky but it could be more secure on bigger exchange. For coins listed on small exchange I think you can still invest but with an affordable amount so you don't feel bad if it turns out negative. Every big exchange started small and every exploded project today had it little beginning so if you can afford the risk then you go ahead

[kryptqnick]

I don't trust small exchanges and don't buy any coin until it's on a big and reputable exchange. I realize this way you lose a potential time of high profits, but you also gain calmness because at least you know you won't be scammed. Also, observing the coin for a while to see if it's gaining attention is a good thing, IMO.
What you can do is read about the exchange, find reviews, and pay special attention to information about the fees they might impose. Also, of course, mind the KYC policy. If an exchange is not huge, but it's relatively popular and there are no scam accusations about it, maybe it's not that risky to try it out.

[justdimin]

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

NWC and MANA were good but it's not for CDT. this one seems bad compared with NWC and MANA but i prefer to go all in MANA rather than diversify my money into the some coins that didn't get hype like NWC and CDT. It's not again for CDT. CDT will be dumped to the zero value.

I do not even know most of them and I am still intrigued by the name MANA. That is mainly because of how we played games for so long and now it makes me consider how it could be related to that . This is why I believe there is nothing that makes this interesting. This is why I believe that things will be a bit different, obviously there are some small cap coins in small exchanges that makes sense and eventually increases in value.

However, most of the time there is a good chance that we are going to end up losing money on those small cap stuff. Small exchanges became even more common with how easy it is to start a new DEX these days, swaps are dime a dozen and that's the problem.

[iv4n]

Every coin or token trading has to start from somewhere, even if it's a small exchange if the project is good it will be listed on other exchanges with time. I guess not many are successful, so if you plan to do it try to do homework, do deep research, and check everything twice before you invest your money.
Or you can simply follow Binance, most of the new listings there are doing good. It will save you from reading and researching.

[wheelz1200]

Safe?  No.  There is a reason it's only listed on one small exchange.  The risk you run is if that small exchange delists it or even goes out of business then you are stuck with a coin that is not on any exchange.  Rule of thumb for me is that it's listed on multiple larger exchanges that volume and liquidity wouldn't be hit if one of them folds.

[wxa7115]

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?

You should know the answer to that, of course it is not safe, you are depositing your money in exchanges with not enough reputation that list new coins probably without going through any due process and you want to invest in new coins which in most cases are scams or simply bad projects.

Now do not get me wrong, if you want to take the risk then do it, it is your money and you are responsible for your actions, but deep down you know the risk you are taking, so own it and accept the fact chances are you will lose all your money sooner or later by doing something like this in a consistent manner.