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Re: Is it safe to hold coins in your Kraken account?
by
mk4
on 17/06/2017, 13:24:33 UTC
Hi,

Some people have Wallets to keep their coins, but some just keep their coins in their Kraken account.

Is it safe to keep coins (100 - 500 dollars) in your Kraken account?

Kind regards,

Dvd1989

Never store a good number of bitcoins on wallets whereas you don't have access on the private keys. Basically, if Kraken gets hacked, then say goodbye to your bitcoins.

You might want to read this: https://en.m.wikipedia.org/wiki/Bitfinex_hack