Never leave your Bitcoins and Crypto in an exchange

[Hamza balouch 268]

Ist of  all we select the legal and secure exchange then keep our money there. Fraud or scam is everywhere and million of exchanges are available in the world. Before selecting any exchange must view the review of people about that exchange  it will help you to better know about exchange.

[Whited35 15285]

On 3/10/2021 at 9:52 AM, Piterson said:

Right, don't store all your funds in exchange and don't make as a wallet because chances it will closing down especially a new exchanges..

Not only the new exchange sites older exchange sites can also make the scam exit or get attacked from the hackers. So it is better to have the private non-custodial wallets to store the funds. I lost the amounts on the malicious exchange sites so I avoided to take the risks completely on online hot wallets. 

[Najimislam123 7]

Yes you are right. Right now a lot of exchange is being hacked of it is becoming very difficult to keep money in the stand. Yes ,i  will never leave the crypto exchange because, as long as i deal with crypto currency i will to earn money by  trading my coins through the exchange.

[Shadi29 871]

My member friends, we all work here for several reasons, one of which is earning money that covers the expenses and expenses for your living, and perhaps for long investment, and we do not accept that the stock market is hacked and our money is stolen so we must take precautions to avoid that and we must not leave the money for a long time and withdraw it when collecting the sums  continuously

[Suraiya aktar 7]

My dear friend I have no idea about this.  If my senior members discuss this topic then we can gain more knowledge on this topic.  Remember my friend here but our knowledge is also evolving.  So their discussion can play a role in increasing our knowledge. Thank you.

[ragnard 449]

you are right one of my cousin left bitcoin in exchange and it has lost all of his money to store your bitcoin then store it in wallet

[Alan Johns 258]

You are absolutely true we shouldn't leave our crypto funds in any exchange site as It is highly risky and could be hacked in hackers attacks so don't take such risk and save your funds in trusted wallets.

[ammarkhkkh 753]

I believe that we should not put our money in an unsafe exchange, and before trading through it, we must make sure that it is safe, and that we do not put a lot of Cryptocurrencies in it to avoid loss.

[Taj93 295]

I agree with you opinion, many exchanges are hacked, do not leave your money in it, transfer it to a secure personal wallet and put a hard password in order to protect yourself from piracy, also make a backup copy of the wallet and its keys.Exchanges are not safe enough to hold your money in the long term, be careful and learn from others' mistakes. If your money is lost, all your dreams are lost.

[Ahmad 12345 71]

Wallet is the best place we can save our crypto asset as long we can follow wallet rules. There's no safe place for saving but I believe we have method to avoid scammer depend our experience.

[Wael154 1134]

Exchanges are not wallets, it true they have an internal wallet but it is not designed for holding coins for a long time, in any market you need to keep your coins active because when you sign up for some market, then you should do some crypto activities like trading or investing where you will be able to make your coins active in any crypto operation, if you want to store then yiu should choose the right one. 

 

 

[basel23 1722]

I agree with you that it is very dangerous to leave our cryptocurrencies in the trading platforms because many people have suffered a great loss due to hacking the trading platforms or closing the platform.