Post
Topic
Board Service Discussion (Altcoins)
Re: Is Binance safe to store cryptos?
by
onepiece1995
on 27/06/2018, 09:55:02 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!

of course very change. because with the added authenticator you are very safe. because if someday there are people who want to break into your account. surely the authenticator will be active, and people who break into it will be very difficult to open it. indeed it is the best decision.