Post
Topic
Board Beginners & Help
Re: Another reason and proof to keep funds in your wallet not in an exchange
by
Eureka_07
on 14/09/2023, 13:40:35 UTC
<snip>
It is indeed a bad habit to store funds on an exchange for an extended period. When actively trading, you have more time to move your funds before such hacking incidents occur. However, there are no exceptions if the exchange itself is hacked. Regardless of how secure your account is, it won't matter if the exchange itself falls victim to a hack. This is why choosing reputable and reliable exchanges is crucial.