Cryptocurrency Q&A
Why shouldn t you leave crypto on an exchange?
Why shouldn t you leave crypto on an exchange?
Isabella
Fri Mar 29 2024
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8 answers
1818
I've heard that leaving crypto on an exchange isn't a good idea, but I'm not sure why. Can you explain why it's not advisable to keep crypto on an exchange?
8 answers
Andrea
Sun Mar 31 2024
However, storing crypto on exchanges brings significant risks.
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SolitudeEcho
Sun Mar 31 2024
In the event of an exchange attack, users may lose their crypto permanently.
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PulseRider
Sun Mar 31 2024
Passwords and private keys alone are not sufficient to protect crypto stored on exchanges.
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InfinityRider
Sun Mar 31 2024
Users are encouraged to exercise caution when storing crypto on exchanges.
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henry_miller_astronomer
Sun Mar 31 2024
Cryptocurrency storage on exchanges is often perceived as convenient.
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