Do you think crypto exchanges are secure? Please share your opinion.

[Bobcrypto]

Do you guys think Crypto Exchanges are a secure way to exchange your coin?
Because I feel these exchanges could be hacked. They charge a high fee which is between 0.25% to 3 %. They provide no privacy on your transactions.

So the question is:
Which is the best way to exchange coins in which where we don't have to pay high fees and we can get security and privacy?
Please share your thoughts on it?

In a nutshell, there is no exchange or exchanges that is scure even Binance ,the number one exchange by volume has experienced a hack few weeks back. As it stand now, there is no where we can exchange coins with high security or paying higher fees to get our coins 100% secured.

[Ghozrd]

DEX exchange is a good choice, now there are many quick exchanges and you can swap directly with the BTC and top coins, without having to use and fill out the KYC form you can swap, but if you want to trade, use the DEX exchange but some coins will not be supported in it

[Word]

if I think the cryptocurrency exchange for me is also safe for me to hold and I use it to trade daily, both holding the token and holding the altcoin for me is also safe,
because I also believe investment in krypto is also good to use to generate profits, both for the short and long term for me, it's still safe.

[Kenyot]

yes I think crypto exchange is also safe and good for us to make a profit, because now the price of bitcoin and all altcoin prices have also given good prices, so for me right now is also a good time to get good profits in the future

[vanjava]

there is always a problem when you save a few of your coins on an exchanger, it's best not to keep your coins on an exchanger, it's better to keep competing hardware like nano ledger. I think binance is a pretty safe game for making low-cost transactions.

[Quart]

I personally cannot say that. Because in this case, crypto exchanges still have a negative side, namely the level of security. Even the class of Binance can be hacked by hackers. hence it would be better if we were alert and observed how much coins there should be in the exchange and coins stored in our personal wallet.

[corr]

I personally cannot say that. Because in this case, crypto exchanges still have a negative side, namely the level of security. Even the class of Binance can be hacked by hackers. hence it would be better if we were alert and observed how much coins there should be in the exchange and coins stored in our personal wallet.

Any exchange can be hacked. And very lucky there is no guarantee that later you will return the lost funds. The best option is to keep funds on different exchanges and on different cold wallets. Adhere to the fact that it is necessary to do balance screenshot on the exchange so as not to be deceived and know exactly what quantity of coins is on the stock exchange.

[OptimusPrime]

Do you guys think Crypto Exchanges are a secure way to exchange your coin?
Because I feel these exchanges could be hacked. They charge a high fee which is between 0.25% to 3 %. They provide no privacy on your transactions.

So the question is:
Which is the best way to exchange coins in which where we don't have to pay high fees and we can get security and privacy?
Please share your thoughts on it?

Yes I believe some exchanges are secure But I am not saying that they are 100 percent secure. The level of security in exchanges matters a lot so when using an. Exchange, I check and compare its level of security and also I make sure to. Activate my second factor authenticator

[hemendrasingh]

You have to do your own research before using any one of this exchanges. Because no one knows when the exchanges are attacked and been hacked by anonymous persons. There are lots of crypto exchanges which are very reputed but security will the main drawbacks for some of them. In today's world hacking is the main attack which most of software suffers. If any of the exchanges will guarantees you that they are secured from any hacking then i prefer them..

[Stalky]

if I think crypto trading for me is also safe for us to use every day, because now krypto is also very popular and there are also many who use it in their trade to increase profits better every day

[arnishad]

Humans invariably prefer to take chance of everything. With the expansion of IEOs it additionally requires carefulness. we have a tendency to shouldn't be drawn by any IEO promotional material and fail to require note of the exchange promoting it. the reality is, most exchanges can rise to push IEOs, however the question is; are they merit such attention?
In the maximum amount as we have a tendency to analysis IEOs to take a position in, we should always additionally take into consideration the exchange. Binance's being selective makes it ideal and so, IEOs are triple-crown up to now. every of the exchanges acts because it is, and also the results rely on it. I mean, everything shouldn't be cash, as a result of today's earnings are often the loss of the long run

[Alter]

Do you guys think Crypto Exchanges are a secure way to exchange your coin?

As long as the exchange is popular and recommended by many people, I think it is secure. I will never choose to trade my coins in a certain exchange without analyzing its track record firstly. So far, I only trust the top 10 exchanges in the world. And the best exchange in my country, indodax.

[trauchot]

I had no problems with any cryptocurrency exchange that I used for trading, the most important thing that can not be done is to keep any cryptocurrency on the exchanges, and then there will be no problems.

[HomelandPatriot]

Nothing is secure, i lost some money on exchanges hack, felt really bad. Only secure bitcoin storage is official original wallet, same to the altocoins. Don't trust exchanges!

[Beattysuhita]

yes, I think that by trading altcoin and tokens now I'm also safe to use trading every day it's also safe, because I believe that the price of keypto this year will also experience good price developments, so I think trading altcoin and tokens will also generate a lot profit
so I don't think you need to be afraid to trade now.