RE: When you send crypto to an Exchange it's no longer yours untill you get it out again.

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When you send crypto to an Exchange it's no longer yours untill you get it out again.

in life •  8 years ago  (edited)

Yes but who controls the keys of your deposited cryptos? You still don't answered my question. What if they shut-down and run with your money/crypto's?

life
8 years ago by

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      ·  8 years ago 

    Any exchange can shutdown and take your coins in them...? As always store your bitcoin when not trading in a hard wallet.

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        ·  8 years ago 

      Thats the beauty of DECENTRALIZED exchanges like bitshares !!! They can't shutdown! You can leave your coins there !!!

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        1 vote
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          ·  8 years ago 

        Bitshares is confusing. Ease of use is what the people want. Like Bittrex, Coinbase, and WhaleClub!

        https://steemit.com/forex/@greenbuff/whaleclub-my-new-favorite-exchange-here-s-why

        check out this article

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            ·  8 years ago 

          MtGox and btc-e was extremely user friendly also. Everyone is free to decide what is more important.

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            [-]
              ·  8 years ago 

            BAM!!!!

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