Post
Topic
Board Altcoin Discussion
Re: What happens to money if exchange gets hacked?
by
Vatimins
on 14/12/2017, 03:06:32 UTC
Regarding Nicehash hack and losing some BTC i have some money on exchanges, real money not USDT nor coins. Real EUR and US.
If exchange gets hacked is it possible for hacker to steal real money easy as they could steal coins?



    I don't think hackers in the crypto world have that much interest towards anything else other than crypto currencies. Stealing real money would be stupid in my opinion since it will be easily traced. Which is why your fiat may be safer in exchanges compared to your cryptos in exchanges. But still, prevention is better than cure, being labeled as paranoid is better than being labeled as stupid. What you do today will determine your future so be wise on all your decisions.