I have most of mine on an exchange because I'm getting paid interest. Has there ever been a time when an exchange like Binance for example, steals your funds or gets hacked and people lost money?
I think it is safe and has more advantage if you store it in a most reputable exchange like binance and houbi or kucoin you know that there is a lot of new exchange and it is a big problem if you store it in new exchange because you dont know if the particular exchange is scam or not, so i suggest to store on proven and tested exchange. Storing your crypto on exchange for interest is good idea keep storing and goodluck.
Nope, not at all.
Exchanges will never be a good safe place to store your cryptocurrency, because there are times that they've been hacked, but luckily hackers returned the funds or leave the stolen funds to a certain wallet that can't be open by other people and will be forever sleeping there. Hardware wallets are the safest haven for your cryptocurrency, because you're the one who holds the key to unlock it. It might be a little expensive but worth the price to secure your future.