Post
Topic
Board Service Discussion (Altcoins)
Re: How do I check the exchange is safe?
by
jamids
on 29/08/2018, 05:18:42 UTC
I’ve 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 it’s decentralized but how do I know my private keys are safe with them? They are new and don’t look very well known. Is there a way to know they are safe if they haven’t been around for too long?


I would recommend for you to read first the review of the people about the exchange and you have come to the right place to ask information since people here are all interested in cryptocurrency. If you can't really avoid trading there then better test it out with a small amount first and if you can use metamask in that exchange then do so so that you can protect your private key. There are so many exchanges nowadays that we don't know if they are scam or not so if you are not that urgent to trade then better wait for it to be listed in a more reputable exchange.