Post
Topic
Board Altcoin Discussion
Re: How safe is exchange?
by
dobenklik
on 09/08/2018, 04:36:00 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?

never save tokens in exchange, because exchange is easy to hack and different from wallet. because the wallet has a smaller risk of being hacked because of stronger security in the wallet.