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  2. Cryptocurrency Ecosystem
  3. Crypto Exchanges
  4. Is it safe to put the tokens on the exchange?

Is it safe to put the tokens on the exchange?

oliverchloe
2022-10-27 05:59:11

Guys is it safe to just put the purchased tokens on the exchange? cause i dont have a wallet in my android app. is it possible that it will be stolen? and claimed to be hacked? Am i doing the right way? Please can anyone help me. Thanks in advance.

Post Reply  
AndreasMAntonopoulos
2022-10-27 05:59:42

Don't store tokens on the exchange because you don't have a private key from your wallet, you can trade on the exchange and store the tokens that you have in your own wallet. Make sure you have a private key from your wallet if you want to store your tokens safely.