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RE: Where To Store Bitcoin And Crypto Currency

in #bitcoin6 years ago

@crypto-worldnews nice post dear , i have just want to ask a question about my funds that store on these exchanges, i have to use for crypto trading bittrex , binanace , bithumb , kucoin etc , and i know all of these are centralized , now is this question is , if i store my trading fund on some of the decentralized exchange , so is it safe ????? or not ????

kindly give your good opinion on that .

Thanks :
Regards:
@sibtainaliawan

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Hi I will answer your concern that good that you trade on big exchanges but exchanges are hackable, Decentralized exchanges are the best to trade but still hackers can do anything. Decentralized exchanges can also be hacked.
If you are doing trading daily then there is no option and if you are just keeping your money in exchanges then you can transfer it up on hardware wallet for your safety.

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