Post
Topic
Board Service Discussion (Altcoins)
Re: Is Binance safe to store cryptos?
by
mulia sabee
on 11/11/2018, 14:42:32 UTC
Hello!

I have about $600 worth of various Cryptos on Binance. I have two-factor Authentication enabled (meaning I have to get a code from the Google Authenticator App on my phone). Is it safe to just store the coins on the exchange? That way it will be easier when I go to sell them and I don't have to keep paying fees for transferring them in and out. I realize that it's not normally advised, but with two-factor authentication enabled, does that change anything?

Thanks!

storing the coin dibinance will invite risk. in my opinion, it's very unsafe for you. you should prepare a special wallet to save the assets you have. do not save finance because it is not safe.