Post
Topic
Board Trading Discussion
Re: What is your opinion on Crypto.com's Earn and Binance's Savings?
by
Lanatsa
on 27/07/2020, 23:49:06 UTC
Is there anyone that uses Crypto.com who can confirm that it is indeed as safe as Binance?
What do you think of these two options for making extra profit?
Do you think they are worthwhile?
And do you know any other safe options I can try out?


IMO, exchanges aren't totally safe in terms of hacking and other digital attacks, and that's based on the events on big exchanges that happened before.
Since you have mentioned you are more committed with work and stock trading. These both could generate income for you.
Now, is the extra profit worth risking, than just keeping a good amount of Bitcoin in your offline wallet and wait for the price to reach new heights or not?
As much as I also want to find an honest review about Crypto.com, or even If someone confirms it's legitimacy, my question above still remains.

I personally don't recommend savings or storing on exchanges, though I'm not saying they aren't trustworthy, but what I'm afraid of is the attackers, since there are no exchange that aren't susceptible to hacking.

Even if you do held of funds on your wallet does still have that kind of risk of losing those coins.How much more if you dont have the full control of it since you do allow others to get hold of those?

I would say the same thing where i cant trust up those platforms when it comes to fund handling yet you can just earn a little amount for year and as other said it isnt really worth for the risk.

Its up to someone if he would really be willing for that.