Post
Topic
Board Altcoin Discussion
Re: Do you think it is safe to buy coins that are only listed on one small exchange?
by
Dannaey
on 01/12/2021, 23:28:48 UTC
I want to start investing in early projects, and I want to ask if you buy coins on small exchanges? Is it safe? And to what extent are such exchanges protected from hacker attacks?

I am interested in such coins as nwc, cdt and mana, what do you think of these projects? Should you buy these coins?


I also invest in small exchanges but in a minimal amount as I think it is prone to hack since it is still on its early stage. Though there is a risk associated in big exchanges as well. But for those early projects, I think they were first listed on decentralized exchange, where the risk of hack is less compared to centralized exchanges.

There is always risk of being hacked. What I can suggest is, always put extra careful on websites you are visiting. Because unsecured links mostly contains viruses and other internet attacks to hack your assets.