Ive 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 its decentralized but how do I know my private keys are safe with them? They are new and dont look very well known. Is there a way to know they are safe if they havent been around for too long?
Check first if they have a complaint, you can do it in the scam section or by using Google, trading on a new unheard exchange is quite risky, you don't want to get scammed but that is a risk involved if you are trading on a new exchange, it's a gamble you never know if the site is true or not.