Post
Topic
Board Service Discussion (Altcoins)
Re: How do I check the exchange is safe?
by
dunfida
on 01/09/2018, 20:03:01 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?

Are you planning to deposit all of your token to their exchanges? I suggest don't do that since they were all vulnerable to any attacks from the outside.
And why would you want to use a new exchanges instead of those reputable exchanges who already exist. Don't be a stupid person who just randomly put their token to a shady exchanges just because they were blinded by the offers.