Post
Topic
Board Altcoin Discussion
Re: Do you think it is safe to buy coins that are only listed on one small exchange?
by
timerland
on 05/12/2021, 04:13:18 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 think that there is no reason to not invest in something just because they are only listed on small exchanges.

However, MANA is definitely listed on more than just small exchanges. I think that it has some potential as a project and it is also on Binance.

Just be careful that you are actually buying early stage coins, where it is natural to not have large listings. If it's an old coin that has been around for a while already, it's probably a sign of things to come if it's still only listed on small exchanges.