RE: Are cryptocurrency exchanges safe to keep funds on?

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Are cryptocurrency exchanges safe to keep funds on?

in steem •  7 years ago  (edited)

Definitely stay away, you can trade with general amounts for sure, but if you plan on long term storage keep it on a computer. Really, make sure to keep large amounts away from any online wallets too as most of them aren't secure either.

Ironman is right, for long term, paper wallet's are probably a good idea.

steem
7 years ago by

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      ·  7 years ago 

    Yeah but you can accidentally extract all the funds on the paperwallet or lose it...

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      ·  7 years ago 

    Just store the seed words of an electrum wallet on some paper. Most people won't realise it is a wallet. U can keep many of them without any problem.

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