Post
Topic
Board Service Discussion (Altcoins)
Re: Is Binance safe to store cryptos?
by
cordeta
on 26/01/2018, 04:36:26 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!

History may repeat itself just like patterns or trends , now that Binance is trading on a larger scale . It would be risky because hackers will try in everything they can to find loopholes in this big industry