Hello!
I have about $600 worth of various Cryptos on Binance. I have two-factor Authentication enabled (meaning I have to get a code from the Google Authenticator App on my phone). Is it safe to just store the coins on the exchange? That way it will be easier when I go to sell them and I don't have to keep paying fees for transferring them in and out. I realize that it's not normally advised, but with two-factor authentication enabled, does that change anything?
Thanks!
The chances you will get hacked is very, very small.
Going to hard wallet means decreasing the chances of getting hacked from 0.01% to 0.001%
nonetheless, it's still 'possible', and a hardware wallet is always safer.
your comments about wallet make no sense.. have you any idea how many sites have been hacked and how much lost? millions of dollars worth of crypto has been lost due to hacking.. its always safer to keep it on a local wallet...