Every day it seems a new story emerges about an exchange going bankrupt. Has been a recurring pattern since the Mt. Gox collapse. Why, with so many examples of failures, do people continue to keep their money on these? You don't own crypto if you have "coins" on an exchange, you have an IOU from a business that may or may not even be solvent.
Nothing new but there are still lots who had been mainly affected on the time comes where these platforms do really experience huge problems.It had been suggested and been advised for how many times that its never been ideal on leaving your coins on an exchange, no matter how reputable and popular it would be
which there would be always the risks of this situation.
Its never been safe since on the first place thats why storing up huge amounts of money is never been recommendable.Its the basic but still people do really end up
on leaving their funds.Its never been safe but there are instances which we do really like on storing it there, even myself.
