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.
Yes, it is safe to put it on the exchange, all exchanges have security measures to secure ones investment, However it is more better to have a wallet such as Myetherwallet, Coinbase, etc. to be more secure and keep it safe. Remember just be more responsible with your private keys.
Yes, in principle, it is relatively safe to store your coins and tokens on the exchange, however, the burglaries of exchanges occasionally happen all the same. Therefore, before putting the tokens on sale on the stock exchange, it would be better to move them first to a new purse, such as MyEtherWallet, after having performed the necessary operations, again transfer the crypto currency into the main purse from it. Thus, you will have a guarantee that if your secret key is lit up on the exchange, it will no longer have any meaning.