Post
Topic
Board Trading Discussion
Re: Don't hold your coin on exchange for long time.
by
makolz26
on 11/06/2018, 17:22:39 UTC
A good reminder on the recent hack  incident on Coinrail. Just like that famous tip that everyone will give to you, " Only trust yourself". Don't trust any exchange or trading sites but only yourself. Even Binance which is the best is still vulnerable to hacking.

Coinrail is a good exchange, i was surprised to read about their hack so it just goes to show that nothing is safe. Binance has a huge reward for white hat hackers but even that doesn't guarantee safety
Exactly! We don't have to hold our bitcoin for a long time, don't let it just steady there, we need to have at least a secure wallet where in we can entrust our coins for a long time, don't just rely and trust exchange although they are famous or one of the leading exchange.