Post
Topic
Board Service Discussion (Altcoins)
Re: Is Binance safe to store cryptos?
by
Good Bo
on 26/01/2018, 01:53:05 UTC
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!

I think no one know wheater its safe or not because sometime big exchanger also shut down like btce and other.
But, in recent experience, binance is very supporting and its very good exchanger to trade and store only the amount that you will use to trade.