Is it safe to store your cryptos on exchanges?

By preciating | PreBlogs | 2 Jul 2020


The latest trends in the market and lot of researches have come to the conclusion that it is never safe to store your cryptocurrencies on wallet Exchanges.

There are a lot of risk associated with the procedures. 

Some of them include : 

1. Hacking risk

2. Fail to legalize

3. No controls

4. Lack of total ownership

5. You may be victim of Scam 

See following references:

https://www.theregister.com/2018/04/13/coinsecure_btc_missing_bitcoin/

https://www.theverge.com/2018/1/27/16940598/coincheck-hack-500-million-nem-tokens-cryptocurrency

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