Post
Topic
Board Service Discussion (Altcoins)
Re: Is Binance safe to store cryptos?
by
Zicadis
on 20/01/2018, 18:30:21 UTC
If your intention is nothing related with trading I advise against storing your coins on an exchange as anything could happen maybe change of regulations or more  KYC requirements which many of us are not ready for and could end in the  freezing of our funds
No exchange wallet is safe due to two reasons:

 - hack issue for hot wallets
 - exchange takes the money and claimed get hacked

 
This is what scares me the most about keeping funds in such places