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?
Traders should always be aware of hacks. There are a lot of stories about security problems with decentralized exchanges although less so than with centralized ones. The main thing is to keep your money on a secure wallet and withdraw it as soon as possible.