RE: Weekly report: How much STEEM is stored on the exchanges? - March 21, 2019

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Weekly report: How much STEEM is stored on the exchanges? - March 21, 2019

in steem •  6 years ago 

In the beginning of this article you said to not store crypto currency in the exchange. My question is: why? Sorry for the question but I'm new on this world.

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      ·  6 years ago 

    By storing crypto on an exchange you have to trust the exchange. You risk losing your coins if the exchange gets hacked or loses coins for whatever reason. Unfortunately, we have seen many examples of hacked exchanges in the past.

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      ·  6 years ago 

    Thanks a lot. Crystal clear.

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