Post
Topic
Board Bitcoin Discussion
Re: Not your keys, not your Crypto – Kucoin Hacked! $150m Stolen.
by
ultrloa
on 26/09/2020, 11:15:36 UTC
People just don’t learn. Guys please don’t leave your crypto on exchanges or if you have to, if you like day trading, move your coins off the exchanges when you’re not actively trading.
It is true that we aren't supposed to leave our funds on the exchange and I totally agree with it, but what if you are onto daily trade? I suggest is that if you manage to earn a decent profit you could take all the profit you had and just leave some of it so that if something bad happens it will not be fatal and won't have any problems regarding the fees at the same time.
 

This was discuss for so many times due to many hackings of exchange happen for the past years and we shouldn't really trust to leave our balances on any exchange whether its big or not since if they will get hack for sure its a huge pain in the ass for us users since we don't know if we will get refunded or not. So we should not be lazy and always withdraw once we end our trades for the day.