Quote from: prtty2gal2 on May 27, 2019, 01:28:40 PM

Quote from: rijaljun on May 26, 2019, 05:01:38 AM

Quote from: iMark on May 23, 2019, 12:13:47 PM

You will never find 100% safe on third parties, they can be a scam anytime, trust no one is a good thing to anticipate any form of hacking so you can be more careful. Exchange sites are prone to hacking and scams. so you have to be smart in securing your account and you have to be smart in dividing your money into each exchange

It's no need to repeat same things with different words, it's pointless. Your reply is something I already understood, then whaaaattt?

From his point, I understand that we have to be responsible for securing our own account, and then if he talks about securing our account, isnt it safer that the best way to do so is stay out of exchanges when it comes to keeping our funds safe. We can use those exchanges to trade but we should never ever think of even putting our funds on them, Not to talk of splitting funds on them.

These exchanges too are aware of the vulnerability of their exchange to hacking, which is the reason why they would advise people no to rely much on keeping their funds on their wallet but rather use a wallet that would give them a private key.

The problem with withdrawing funds after a day trading is that withdrawal fee is getting bigger. 0.001BTC is as big as a day profit when you only have very little capital to trade. With such fee, an investor with little capital would rather keep the funds on the exchange for the next opportunity that will come. If a trader really wants to keep the safest path while trading, its going to be best to just trade on DEX.