Is it safe to store cryptocurrency on an exchange?

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Birato
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Enregistré le : 26 oct. 2023, 19:00
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Is it safe to store cryptocurrency on an exchange?

Message non lupar Birato » 17 févr. 2025, 16:43

Hello everyone, do you think it is safe to store cryptocurrency on the exchange?

Gretel
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Enregistré le : 26 oct. 2023, 19:03
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Re: Is it safe to store cryptocurrency on an exchange?

Message non lupar Gretel » 17 févr. 2025, 16:44

Storing cryptocurrency on an exchange can be safe if the platform has strong security measures, but it also comes with risks, such as hacking. It is generally recommended to store large amounts of cryptocurrency in a personal wallet, especially a hardware wallet, for increased security. Keep only the necessary amounts on exchanges for trading purposes to minimize risks. You can exchange cryptocurrency using a cryptocurrency exchanger, for example, the service at https://www.trustchange.com/ is a great option.

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