Post
Topic
Board Web Wallets
Re: Safest Exchanges in the World
by
albon
on 18/01/2023, 16:29:36 UTC
Hello,
I know you should always have your coins on a hardware wallet.

But for my trading position I don't want to put the coins on a hardware wallet because that would be too cumbersome but I want to distribute the coins on several exchanges.

In your opinion, what are the most secure exchanges in the world, i.e. where can I be most sure that the exchange will not go bankrupt, be hacked, etc.?
Yes, this is true. Hardware wallets are safer than all central exchanges that are vulnerable to hacking, bankruptcy, and others. But if you want to trade, I advise you to trade on top exchange platforms such as Binance and Coinbase. It has a reserve fund in the event of any accident to compensate affected users, but do not send all your wealth at once, but In parts and at separate intervals, and you must read the terms of use well before you deposit your funds, as Binance warns its customers not to trade with countries and individuals subject to sanctions and it takes this condition seriously, and you must verify well the source of the funds that you will deposit on these exchanges, because if they discover that the source of this money is illegal, they will immediately freeze your crypto and permanently ban your account. Therefore, you must read their terms of use and adhere to them.