Howdy,
I've been using one for a couple months now and it's given no reason to mistrust it. But it seems weird to me sending my money to an intermediary that's neither a wallet nor a bank and is entirely online. Feels like the money is hanging out in some nowhere zone that isn't completely under my control...
Dies any one else feel this way or do I just not understand this stuff well enough yet?
Thanks!
I've been using one for a couple months now and it's given no reason to mistrust it. But it seems weird to me sending my money to an intermediary that's neither a wallet nor a bank and is entirely online. Feels like the money is hanging out in some nowhere zone that isn't completely under my control...
Dies any one else feel this way or do I just not understand this stuff well enough yet?
Thanks!
never never trust on anything out of your safe wallet, i mean, everything out of your wallet is insecure, hell, even if this is on your wallet will never be 100% secure
im not saying to dont use his services, but just be carefully with it and never have lot of your money on them, you know...
Use the exchanges to convert/buy coin. But use a safe wallet for sure something like a cold wallet.
A exchange even the best could possibly one day be hacked worst case they loss a lot of btc, you don't want to be one of those who lose. Only trust your own cold storage.