Post
Topic
Board Service Discussion (Altcoins)
Re: Binance Exchange?
by
mithuz
on 10/08/2018, 09:53:04 UTC
All exchanges need hot wallets to ensure their customers can make regular deposits and withdrawals. But when selecting who you choose to trust with your cryptocurrency, ask yourself: “Do they really need to put that much money at risk?!”

Binance has more than one big fat hot wallet just waiting for someone to sneak along and grab those sweet private keys. Let’s check out some of the other ones.

Here check what I'm talking about.

Address: 0x3f5ce5fbfe3e9af3971dd833d26ba9b5c936f0be
Balance as of 8/9/18: $312,081,504.74

https://faa.st/portfolio/address/0x3f5ce5fbfe3e9af3971dd833d26ba9b5c936f0be

https://medium.com/faast/which-crypto-exchange-is-putting-your-funds-most-at-risk-517ca3c45ef2