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Topic
Board Exchanges
Re: IS IT SAFE TO STORE BITCOINS AND OTHER COINS ON MY BITTREX ACCOUNT?
by
jossiel
on 19/09/2017, 10:04:42 UTC
I just started trading crypto currency. This is my first time to trade. What I did is just a self study. I read everything about crypto and trading and watch videos on youtube. Some did not makes sense Smiley One question in my mind is , is it safe to just store my bitcoins and other coins that I bought on BITTREX? I have a blockchain account but the fee when sending and requesting withdrawal is quiet high. So I decided to just store it on bittrex. For the other crypto currency, I only have ETH Wallet.

Thanks for the help.


Bittrex is a good exchange but it's risky to store your bitcoins there. Research too about the hacking incident that happened on bitfinex and Mt.Gox.

This will probably change your mindset about storing your bitcoins on exchange, I know the fees are quite high when you'll do it for so many times.

But you won't think about the fee if your coin is at risk.