Post
Topic
Board Trading Discussion
Re: How to keep your funds secured?
by
Sithara007
on 05/05/2019, 06:54:25 UTC
Im quite new to crypto so i wanted to know what exchanges do you use and i'd be grateful for advises on security. I currently keep my crypto on localbitcoins but it recently got hacked to im concerned for my money. I want to move it somewhere safe but still be able to make trades without much fuss. Im still learning to trade but im pretty serious about it. Can you recommend me a good exchange that hasn't been hacked yet?

First of all, an intelligent crypto-user will never keep his coins in an exchange, no matter how secure or safe it is. Because in an exchange you don't have the control over the private keys to your coins. In case the exchange is hacked or attacked, you will lose the access to your coins. I would advice you to store your coins in a secure online wallet such as Blockchain.info, where you can control the private keys.