risks What are The Risks to Invest Cryptocurrency in an Exchange Site?

[Tasrif Hossain 271]

In my opinion, there should never be any currency in any of the less trusted Exchange sites, because the sites are often hacked and their lives are very low, so your investment money goes into the hands of hackers very easilyIt can be seen that you can return to zero completely from that Exchange site.

[Win 1015]

There is always a risk in investing in every site most specially in exchanger sites that are not stable and not proven in the market so better be invest in an exchanger that is now stable in the market

[MuhammadSh 3067]

i didn't try it before.. i think that it's not easy at it sounds! we have to learn a lot and be careful!

i don't want to lose all my money in a while! but i am working on it

[Epic 289]

On 10/12/2019 at 10:58 AM, Agios said:

Investing cryptocurrency in an exchange site looks very profitable, will earn interest as a passive income, we don't need to do anything and every month we will get interest, What I want to know is what risk will occur if we invest in an exchange site

 

 

I think you are referring to investment/ lending sites that gives interest when you store your coins in their site. Try not to invest all your money in 1 site to avoid losing all of them if the site gets hacked.  Beware of fake investment sites that just want you to invest in them will close shop after a while.

[Armcannon 858]

Exchanges are not 100% safe from hackers theres a lot of reputable and popular exchanges that has been hacked before.my suggestion. Is don't put your money on just single exchange.try to diversify it.also store some amount in your wallet.just in case it happens you still have some coins to spend with.

[Razan alikac 1899]

I think investing in platforms and bitcoins is very profitable, but there must be some risks in every investment, but we must do our best to choose the best and avoid losses

[Luciferludz 1442]

The risks that's can be appeared by investing in some of the exchanging sites is when you invest with the exchanges that's has low capital and if that exchange got hacked

[Amirul Islam 382]

On 10/12/2019 at 8:58 AM, Agios said:

Investing cryptocurrency in an exchange site looks very profitable, will earn interest as a passive income, we don't need to do anything and every month we will get interest, What I want to know is what risk will occur if we invest in an exchange site

 

 

I don't think you will get major problem for it. But there is a risk of investment. Where or which coin you invest this is the fact. Because we know in the crypto all coins and tokens are vulnerable.    

[Ali_hmwi 966]

If you invested in good exchange no harm but any random one. okay you need just yo imagine the risk and the disaster from now....

[Amirul Islam 382]

On 10/12/2019 at 8:58 AM, Agios said:

Investing cryptocurrency in an exchange site looks very profitable, will earn interest as a passive income, we don't need to do anything and every month we will get interest, What I want to know is what risk will occur if we invest in an exchange site

 

 

I don't think you will get major problem for it. But there is a risk of investment. Where or which coin you invest this is the fact. Because we know in the crypto all coins and tokens are vulnerable.    

[Hanan951 841]

2 hours ago, Ali_hmwi said:

If you invested in good exchange no harm but any random one. okay you need just yo imagine the risk and the disaster from now....

Yes, before a while I was going to put my money to invest them. In a second the website gone. I was in a Good luck that day..

[Tasrif Hossai 18]

Another problem is that exchange houses are getting hot at the moment because the security of the Exchange sites is a lot weaker than the hackers' technology at the moment, which is why I think a site is usually hackedThe money that we have deposited is likely to go into their hands, which is why I think we should never deposit currency in our exchange site

[Lunaa 238]

The risk would be if the exchanges got hacked or something bad were to happen to them. Well, the common risk is you losing your money while in your trading. But, that's all. Exchanges are quite safe and is the best place if you want to trade your assets.

[guatazoo 7150]

On 1/31/2020 at 8:15 AM, Batoul al eman said:

I just know that an investment has its risks but I do not know of its risks except that you can lose your money ... I followed the comments and it was useful to me Thank you

These are the risks;

• you could get scammed
• coin con dump
• project can fail

[Makla Hala 16]

One of the major problems of the present day is that the exchange sites are hacked and also the problem is that the people who use the exchange ID, the amount of money actually deposited into their budgetIn the hands of hackers, I also think that when a human does, the currency should be stored in one site only and should be transferred to the private as soon as it is finished
 

[Opinder 1310]

On 10/12/2019 at 8:28 AM, Agios said:

Investing cryptocurrency in an exchange site looks very profitable, will earn interest as a passive income, we don't need to do anything and every month we will get interest, What I want to know is what risk will occur if we invest in an exchange site

 

 

There are two main risks of investing on any exchange site. One is if exchange scams you would not get your money back and second, exchanges are main target of hackers due to high volume of coins on exchanges. So you would loss money if exchange is hacked. 

[Amir YT 202]

On 10/12/2019 at 8:58 AM, Agios said:

Investing cryptocurrency in an exchange site looks very profitable, will earn interest as a passive income, we don't need to do anything and every month we will get interest, What I want to know is what risk will occur if we invest in an exchange site

 

 

In yobit exchanger you will get an option called investbox where you can invest your funds and you will get a percentage everyday of your amount. But i didn't get this service on other exchanges.

[Abdalrazig 1865]

Cryptocurrency transactions are not anonymous despite the fact that this type of digital money is decentralized. Staying anonymous in your bitcoin transactions might be tricky, since you often leave some digital footprints behind you.

[bentayebsalah 2280]

Investing in exchanger sites is not very safe and this is why you should be careful and withdraw profits on a daily basis

[Captain Karim 0]

There are many risks, including the risk of penetration of the exchange platform and the going of the money completely, and also the depreciation of the currency in which you invested and in the end with the return that you collect, you may be a great loser or winner,

[Agios 1763]

16 hours ago, Saimul said:

we don't need to do anything and every month we will get interest, What I want to know is what risk will occur if we invest in an exchange site

 

 

I can't understand what you are asking. Are asking about the lending feature available in few sites like binance. If that's the case don't put everything in the exchange. Because exchanges are prone to hacks and you can lose your coin. However, you can use 20-30% of your total portfolio into lending or trading whichever you prefer.

Hi bro, it's not lending, but cryptocurrency investments are offered by many exchange sites, such as the Yobit investbox. Aside from the interest benefits we get, we also need to know what risks can occur,

[Sayma11 16]

I'm a new member of this crypto forum, so I haven't invested in any sites yet.  However I have come to know to many that yobit site is best for investment and it is safe.  This site can make good money Many people have made good money by investing in Investbox.

[Khalid Khan 24]

While exchanging the digital currencies like bitcoin crypto currency we should be very careful with hackers or scammers and who ever it maybe we should be careful we should look the security of a transaction while exchanging and we should look at that with whom or with what we are going to exchange our currency

[Treat1234 0]

The risks at numerous to invest in cryptocurrency, especially when dealing with scam imvestment, you won't get to know early, which will lead to total lose of your capital for cryptocurrency

[Saj555 2250]

Exchanges sites are very good for crypto currencies investments. They are very much profitable for a person and it can make a person quite good profitable and the platform also gets good popularity. There will be a time when everyone will start investing in exchange sites to earn quite a good amount of money.