Post
Topic
Board Altcoin Discussion
Re: Is it safe to exchange big amounts?
by
Pamadar
on 10/09/2019, 12:52:30 UTC
Hey.
Is it safe to exchange big amounts on non-custodial exchangers like changelly or shapeshift, or are they designed for small transactions?
I'm a newbie and I want to know if it's safe. Also, I want to know if it's safe to exchange crypto on classical exchanges like binance.
The level of security is different in my opinion. Every exchange can be hacked. There is an exchange that serves when the incident occurs. Binance is so far safe. However, we still need to be careful with storing important personal data.
With the amount of your invested money, it's very needed to be more extra careful since even the one we love to use for exchange/trading can be hacked by those people who got a huge knowledge working with this kind of illegal acts, there's no safe place if you are not careful enough with your money, you need to be more strict when you are using any particular place to deal with your exchange activities be very careful with your assets.