Ive been trading on the same two popular exchanges for a while. But now I want to trade FNTC token which is trading on Ethen.market. It looks the same as other exchanges and says its decentralized but how do I know my private keys are safe with them? They are new and dont look very well known. Is there a way to know they are safe if they havent been around for too long?
Don't see why you would need to go to a new exchange as long as the established ones like IDEX and Etherdelta exist. I will never switch to a new untrusted exchange. There are so many of them everywhere, like garbage.
New exchanges often offer better service and functionality. Decentralized exchange Ive tried Ethen once and it seemed faster than others and had a better interface. As for the safety, decentralization is the best thing out there with the maximum safety that can be achieved at the moment.