The danger of leaving your money on an exchange! - Page 35 - For Beginners - CryptoTalk.Org Jump to content
johant123

The danger of leaving your money on an exchange!

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I don't actually know about it but you have to choose a better paltfom or wallet in put your money because of hackers are always hacking money you better be carful. 

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I am new on this fourm. This fourm is very good for earning and learning at the same time. This fourm is real and trustfull fourm. I am working hard to earn money and gain knowledge about this fourm. I am making our posts useful and helpful to other members. 

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Saving money is one of the basics of work here in this forum, and while not keeping large sums in the stock exchange for fear of losing it all at once, we must beware of fraud and theft and choose wallets with a high level of security and good keys

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Yes, you are right, so we should not leave our money in the exchange platforms because there are a lot of fraudsters and you have to be careful not to make these platforms as electronic wallets

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If you are not a trader but you are only a holder just hold your coins in a safe wallet and not in an exchange, because exchanges has so many challenges especially decentralized exchange they are always got hacked.


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It is necessary that you take precautions in your work, what you do, and with your minds, you will lose everything you own and this is what we do not want. Recite what happened to the platform owner. Although this story is doubtful that he is the owner of a platform that has many things that he can protect himself if we say that he was hacked he will re-solve the problem. The significance of the story is clear. Do not be afraid of any news or any portfolio that you depend on. You must keep your belongings in a safe place and change from time to time as well. Not everything related to this field is secure.

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This dangerous thing in the world of internet fraud and theft Many people use exchange to store the money but it is risky to store in the same because it is having chances of getying attacked by hackers.so better wo store it in a hard ware wallet. 

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Yes dear this is true now a days as the crypto get popular the scammers are also increase in this field. We never give a chance to any scammer or hacker that he steal our coins. For safety of our coins and accounts it is good for us that we never share our personal private key to anyone and also never trust anyone on this crypto world.

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It's a mistake to keep our money on trading websites or to treat it like wallets to store cryptography, so something will happen if you hack or want to shut down without warning.

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