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?
Even highly reputed exchanges do get hacked, not to talk of small exchanges that might not have what it takes to fight hackers who will attempt to hack into their systems. So it’s quite a risk for you to be making use of a small exchange, because you can be a victim if the exchange happens to get hacked. Though it’s still a thing choice, if you want to try, then you can go ahead. Just be very sure that the exchange you’re talking about is not a scam exchange that would give you exchanges tomorrow and zoom off with your money. So be very sure of the exchange first.