Is it risky to invest in new crytpo coin/tokens???

[yohananaomi]

I also keep assets on the exchange, because I am a trader. but I always monitor my wallet and try to guard it. We cannot say that it is dangerous to store assets on an exchange, if we store them on a reputable exchange like Binance it is safe.

I think everyone does the same way. We probably keep our assets in exchange wallets, too. However, we must understand that we don't keep too many assets in exchange wallets because it is risky. The top CEXs like Binance is quite secure although it is not the best place to store our crypto coins. As far as I know, if there is a hack or something bad to happen, they want to help us. I also keep some of my assets there because I often trade them.

As long as it is for the purpose of carrying out trading activities, of course, there are still many who save on exchanges, but I am very sure that only exchanges can be trusted. I agree, that for Binance there is no worry about placing it and I also do that, but in other places, of course, I will think about it as best as possible before placing it. It is true that everyone is afraid of hacking, therefore looking for a reliable one is mandatory. If possible, don't store it for too long. This can also be done if there is fear.

[Gyrgen]

I also keep assets on the exchange, because I am a trader. but I always monitor my wallet and try to guard it. We cannot say that it is dangerous to store assets on an exchange, if we store them on a reputable exchange like Binance it is safe.

I think everyone does the same way. We probably keep our assets in exchange wallets, too. However, we must understand that we don't keep too many assets in exchange wallets because it is risky. The top CEXs like Binance is quite secure although it is not the best place to store our crypto coins. As far as I know, if there is a hack or something bad to happen, they want to help us. I also keep some of my assets there because I often trade them.

As long as it is for the purpose of carrying out trading activities, of course, there are still many who save on exchanges, but I am very sure that only exchanges can be trusted. I agree, that for Binance there is no worry about placing it and I also do that, but in other places, of course, I will think about it as best as possible before placing it. It is true that everyone is afraid of hacking, therefore looking for a reliable one is mandatory. If possible, don't store it for too long. This can also be done if there is fear.

Are you serious now? Even the top ones shouldn’t be trusted, there are a lot of precedents. You should keep there exactly as much as you think you need for trading. Everything else is not in any case. And the point is not even that the exchange can be hacked, the exchange itself can stupidly freeze your funds in connection with any proceedings.

[rizqillah]

Are you serious now? Even the top ones shouldn’t be trusted, there are a lot of precedents. You should keep there exactly as much as you think you need for trading. Everything else is not in any case. And the point is not even that the exchange can be hacked, the exchange itself can stupidly freeze your funds in connection with any proceedings.

Yes, exchanges can freeze our funds for their own reasons, considering it money laundering or suspicious transactions. and we can also appeal to this matter.
I agree with your suggestion, we should use the funds we need to trade on the exchange, don't store excess funds in the exchange wallet.

[yohananaomi]

Are you serious now? Even the top ones shouldn’t be trusted, there are a lot of precedents. You should keep there exactly as much as you think you need for trading. Everything else is not in any case. And the point is not even that the exchange can be hacked, the exchange itself can stupidly freeze your funds in connection with any proceedings.

Yes, exchanges can freeze our funds for their own reasons, considering it money laundering or suspicious transactions. and we can also appeal to this matter.
I agree with your suggestion, we should use the funds we need to trade on the exchange, don't store excess funds in the exchange wallet.

Even though the stock exchange has the authority to freeze every fund we have, they will not be careless because it could have a negative side for themselves, so that many people move. Of course, the stock exchange that has been started well will be abandoned. It is not as easy as they think.
I agree, there is no suggestion using the stock exchange as a place to store your funds for a long time, because at any time the stock exchange may experience unpleasant developments so that your funds are lost. It is still safer in your wallet.

[rizqillah]

Are you serious now? Even the top ones shouldn’t be trusted, there are a lot of precedents. You should keep there exactly as much as you think you need for trading. Everything else is not in any case. And the point is not even that the exchange can be hacked, the exchange itself can stupidly freeze your funds in connection with any proceedings.

Yes, exchanges can freeze our funds for their own reasons, considering it money laundering or suspicious transactions. and we can also appeal to this matter.
I agree with your suggestion, we should use the funds we need to trade on the exchange, don't store excess funds in the exchange wallet.

Even though the stock exchange has the authority to freeze every fund we have, they will not be careless because it could have a negative side for themselves, so that many people move. Of course, the stock exchange that has been started well will be abandoned. It is not as easy as they think.
I agree, there is no suggestion using the stock exchange as a place to store your funds for a long time, because at any time the stock exchange may experience unpleasant developments so that your funds are lost. It is still safer in your wallet.

The exchange cannot freeze user funds at will without a clear reason, because this is a reputational issue for the exchange. If arbitrariness occurs, it will cause many users to move to look for a better exchange. as you said. They have to carry out an investigation, not just a guess because the consequences could be fatal

[debra]

Yes, exchanges can freeze our funds for their own reasons, considering it money laundering or suspicious transactions. and we can also appeal to this matter. I agree with your suggestion, we should use the funds we need to trade on the exchange, don't store excess funds in the exchange wallet.

There are some cases of freezing the user funds but it is a rare case. Sure, money laundering is one of the examples, this makes sense that the exchanges freeze the funds. I think this won't happen to common users, it is for certain users only. However, it is true that we never send too much money on the exchanges. We must be aware that we have no control of our assets when it is in the exchange wallets.

[gunhell16]

I also keep assets on the exchange, because I am a trader. but I always monitor my wallet and try to guard it. We cannot say that it is dangerous to store assets on an exchange, if we store them on a reputable exchange like Binance it is safe.

I think everyone does the same way. We probably keep our assets in exchange wallets, too. However, we must understand that we don't keep too many assets in exchange wallets because it is risky. The top CEXs like Binance is quite secure although it is not the best place to store our crypto coins. As far as I know, if there is a hack or something bad to happen, they want to help us. I also keep some of my assets there because I often trade them.

As long as it is for the purpose of carrying out trading activities, of course, there are still many who save on exchanges, but I am very sure that only exchanges can be trusted. I agree, that for Binance there is no worry about placing it and I also do that, but in other places, of course, I will think about it as best as possible before placing it. It is true that everyone is afraid of hacking, therefore looking for a reliable one is mandatory. If possible, don't store it for too long. This can also be done if there is fear.

Are you serious now? Even the top ones shouldn’t be trusted, there are a lot of precedents. You should keep there exactly as much as you think you need for trading. Everything else is not in any case. And the point is not even that the exchange can be hacked, the exchange itself can stupidly freeze your funds in connection with any proceedings.

That's the only thing that is ugly about centralized exchanges, where they take advantage of simply freezing the accounts of their users without any opposition. So if you are going to invest, just make sure that the centralized exchange you buy coins or crypto from is really legitimate.

Even though we give trust, even though it is listed on the top exchange in the market, there is still a real risk, just like what happened with Ftx, which was still closed in the end. That's why others still say to do it at your own risk.

[legend45]

Yes, exchanges can freeze our funds for their own reasons, considering it money laundering or suspicious transactions. and we can also appeal to this matter. I agree with your suggestion, we should use the funds we need to trade on the exchange, don't store excess funds in the exchange wallet.

There are some cases of freezing the user funds but it is a rare case. Sure, money laundering is one of the examples, this makes sense that the exchanges freeze the funds. I think this won't happen to common users, it is for certain users only. However, it is true that we never send too much money on the exchanges. We must be aware that we have no control of our assets when it is in the exchange wallets.

You are right that we do not have control over the wallet exchange, that is what makes us lose if our transactions are suspected of being money laundering. because our wallet can be frozen and we lose these assets. I also heard stories from friends about this, their accounts were suspended and they were suspected of being transactions that indicated money laundering

[JISAN]

Yes, exchanges can freeze our funds for their own reasons, considering it money laundering or suspicious transactions. and we can also appeal to this matter. I agree with your suggestion, we should use the funds we need to trade on the exchange, don't store excess funds in the exchange wallet.

There are some cases of freezing the user funds but it is a rare case. Sure, money laundering is one of the examples, this makes sense that the exchanges freeze the funds. I think this won't happen to common users, it is for certain users only. However, it is true that we never send too much money on the exchanges. We must be aware that we have no control of our assets when it is in the exchange wallets.

You are right that we do not have control over the wallet exchange, that is what makes us lose if our transactions are suspected of being money laundering. because our wallet can be frozen and we lose these assets. I also heard stories from friends about this, their accounts were suspended and they were suspected of being transactions that indicated money laundering

Each exchanger has its own terms and conditions so you must read the terms and conditions of the exchanger you use.  If you violate their rules then they can easily suspend you then there is nothing you can do because they mention all their limitations in their terms and conditions. CEX Control has a company that will always keep an eye on you.

[Mr. Magkaisa]

Yes, exchanges can freeze our funds for their own reasons, considering it money laundering or suspicious transactions. and we can also appeal to this matter. I agree with your suggestion, we should use the funds we need to trade on the exchange, don't store excess funds in the exchange wallet.

There are some cases of freezing the user funds but it is a rare case. Sure, money laundering is one of the examples, this makes sense that the exchanges freeze the funds. I think this won't happen to common users, it is for certain users only. However, it is true that we never send too much money on the exchanges. We must be aware that we have no control of our assets when it is in the exchange wallets.

You are right that we do not have control over the wallet exchange, that is what makes us lose if our transactions are suspected of being money laundering. because our wallet can be frozen and we lose these assets. I also heard stories from friends about this, their accounts were suspended and they were suspected of being transactions that indicated money laundering

       -    That's the only thing that is difficult in the centralized exchange when they find the transaction you made suspicious. It is certainly unexpected that the CX platform suddenly freezes your account.

Then invest in anything. In reality, rypto currency will not lose the risk unless you have no capital to use. There is no risk involved in that case.

[dekafee79]

Yes, exchanges can freeze our funds for their own reasons, considering it money laundering or suspicious transactions. and we can also appeal to this matter. I agree with your suggestion, we should use the funds we need to trade on the exchange, don't store excess funds in the exchange wallet.

There are some cases of freezing the user funds but it is a rare case. Sure, money laundering is one of the examples, this makes sense that the exchanges freeze the funds. I think this won't happen to common users, it is for certain users only. However, it is true that we never send too much money on the exchanges. We must be aware that we have no control of our assets when it is in the exchange wallets.

You are right that we do not have control over the wallet exchange, that is what makes us lose if our transactions are suspected of being money laundering. because our wallet can be frozen and we lose these assets. I also heard stories from friends about this, their accounts were suspended and they were suspected of being transactions that indicated money laundering

       -    That's the only thing that is difficult in the centralized exchange when they find the transaction you made suspicious. It is certainly unexpected that the CX platform suddenly freezes your account.

Then invest in anything. In reality, rypto currency will not lose the risk unless you have no capital to use. There is no risk involved in that case.

If we make a transaction on Cex and our account is frozen due to suspicion, we should immediately file an appeal. If it's not taken care of. we will lose the account. Actually, I have heard this story several times, my advice is don't make large transactions.

[$crypto$]

Each exchanger has its own terms and conditions so you must read the terms and conditions of the exchanger you use.  If you violate their rules then they can easily suspend you then there is nothing you can do because they mention all their limitations in their terms and conditions. CEX Control has a company that will always keep an eye on you.

That's right, we have to comply with these terms and conditions so that it doesn't make things difficult for us in the end, because as you said, we are always under their supervision at all times, when something is suspicious, maybe our account will be hit with a warning or something like that.

Actually, terms and conditions like this will always exist in any case, the most important thing is that we must be able to understand them well.

[Dr.Bitcoin_Strange]

If we make a transaction on Cex and our account is frozen due to suspicion, we should immediately file an appeal. If it's not taken care of. we will lose the account. Actually, I have heard this story several times, my advice is don't make large transactions.

Filing an appeal immediately without delay is the best option in cases like that because delaying the process result in loss of funds as well as your account.
Exchanges are really not the best option when transacting with huge amounts, especially when it's a Centralized Exchange, it's always advisable to use a self custodial wallet when initiating huge transactions to avoid being flagged for money laundering or other reasons.

[UNIVERSE]

You are right that we do not have control over the wallet exchange, that is what makes us lose if our transactions are suspected of being money laundering. because our wallet can be frozen and we lose these assets. I also heard stories from friends about this, their accounts were suspended and they were suspected of being transactions that indicated money laundering

Indeed. We have no control on the assets on CEX wallets. That's why we don't put many assets on CEX wallets. Sure, if we are suspected to do money laundering, they can frozen our assets on CEX wallets. In this way, we can lose the assets because we no longer can access the assets. The assets can be given to the government authorities and we have no right to get the assets anymore.

[Rubel007]

Yes, exchanges can freeze our funds for their own reasons, considering it money laundering or suspicious transactions. and we can also appeal to this matter. I agree with your suggestion, we should use the funds we need to trade on the exchange, don't store excess funds in the exchange wallet.

There are some cases of freezing the user funds but it is a rare case. Sure, money laundering is one of the examples, this makes sense that the exchanges freeze the funds. I think this won't happen to common users, it is for certain users only. However, it is true that we never send too much money on the exchanges. We must be aware that we have no control of our assets when it is in the exchange wallets.

You are right that we do not have control over the wallet exchange, that is what makes us lose if our transactions are suspected of being money laundering. because our wallet can be frozen and we lose these assets. I also heard stories from friends about this, their accounts were suspended and they were suspected of being transactions that indicated money laundering

       -    That's the only thing that is difficult in the centralized exchange when they find the transaction you made suspicious. It is certainly unexpected that the CX platform suddenly freezes your account.

Then invest in anything. In reality, rypto currency will not lose the risk unless you have no capital to use. There is no risk involved in that case.

If we make a transaction on Cex and our account is frozen due to suspicion, we should immediately file an appeal. If it's not taken care of. we will lose the account. Actually, I have heard this story several times, my advice is don't make large transactions.

There is no platform as secure as keeping our crypto to ourselves and keeping our keys. When we put our wealth on a centralized exchange platform, it is controlled by others. And those centralized exchanges run through various rules. If they find any irregularity then they can temporarily freeze those accounts and return them to their clients by showing proper reasons. However, if any such situation occurs, there must be a quick appeal, otherwise the account is more likely to be restricted or ban.