Post
Topic
Board Altcoin Discussion
Re: How safe is exchange?
by
Moeda
on 08/08/2018, 21:16:55 UTC
Hi,

Every exchange adding a new btc, eth, token address on the exchange website.
I think they need some private key to set the transaction on this websites.

So is this private key stored in a normal database?
And is this safe?

According to what I read at a glance about myetherwallet.com wallet that the website does not store our data in the form of private keys or addresses. My logic is that when a token in our wallet is attacked by a hacker, the website developer myetherwallet.com cann't return the token to its base address