Guys is it safe to just put the purchased tokens on the exchange? cause i dont have a wallet in my android app. is it possible that it will be stolen? and claimed to be hacked? Am i doing the right way? Please can anyone help me. Thanks in advance.
Exchange is not the safe way to keep your cryptocurrency. Mt. Gox tragedy is already a lesson learned from this. It is still safe if you keep your cryptocurrency in your own device and make a backup for its private key.
I agree to you, better to store it in a cold wallet or safe place that we have back up our private keys, me, I just transferred coins to exchange if only I will sell it that time.