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How Safe Is Leave Your Tokens On An Exchange Site?

Started by Sub5, Jun 08, 2019, 12:33 am

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Sub5

I heard that exchanges sites are the safest place to leave one's tokens. I don't know how true this is but the reason that was given for leaving it in the exchanges site was that in case of a hacked on the exchangers site and tokens stolen, those tokens that were stolen will be refunded to their owners by the exchange.

Is this true, please do share your opinion on this or if you have had experience with exchanges.

Sub5


4niso

More Tips for keeping your crypro-currency safe

Needed to say, here are a few tips before you start earning money through bitcoin.

Like having physical cash, keep your bitcoins safe and keep your bitcoin wallet safe. This may mean enabling your Google 2FA, backing up your device or keeping your antivirus updated. There are a lot of digital threats waiting for you.

The industry is prone to fluctuations. This can be a good thing when you stay on top of it and learn the risk that comes with it.

Keep in mind that there is no free Bitcoin. Although there are several methods to earn from it. With the market always growing, there will always be a demand in expertise or a new product that will develop with time.

Credit: Paxful

4niso