Post
Topic
Board Announcements (Altcoins)
Re: IOTA
by
BitcoinArsenal
on 08/12/2017, 15:11:31 UTC
It is always a risk - no matter for which altcoin - to store them on an exchange wallet. If the exchange got hacked or if it disappears you lost everything.
I suggest to tranfers them immediately after purchase to your address where you control the seed or private key.

Is it for some reason not safe to store all the iota in bitfinex?
Can i buy more and store it there?
What to take care of in holding iota?
I understood that it’s some different things to take care of I didn’t understand, since i am not native English, that it is a bit complicated...
Thank you

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