Post
Topic
Board Altcoin Discussion
Re: Coins kept in exchange, are they safe?
by
JanVanHellsing
on 21/07/2018, 11:44:55 UTC
I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.
You are having the feeling on wrong way because it is totally an opposite thing where you do keep your tokens on an exchange. Havent you seen the recent or past situations of exchange hacks? If you are then you can able to identify yourself about your current situation if its still safe to put up or store coins in there. Even just using your own wallet and do only have your own access you can still have the risk on getting hacked depending on how safe you do keep up your keys.

There have been a lot of hacks recently indeed. But not only exchanges, also MyEtherWallet go attacked already several times and millions were stolen. I would keep most of your coins on the Nano Ledger and use only exchanges that got certified as hacken proof, currently there are only 2 (Binance and Cobinhood)