You are viewing a single comment's thread from:

RE: Daily: Crypto Rally!! Italy / Korea / China. EOS token registration

in #dlive7 years ago

As it is well known by now, exchanges should not be trusted so just trade and take your crypto to secure places. Despite some like Binance trying to lead the way in transparency and security, we have seen that most are vulnerable as long as users can be attacked. That is why I believe Decentralized Exchanges will be the future of not only the cryptocurrency market, but even ither major financial markets.

Sort:  

Not even if users can be attacked, sure phising is an issue but the biggest hacks have always been poor security on the part of the exchange i.e. coincheck not using cold wallets, if you don't hold the private keys then it's not in your control, as Andreas always says there are two types of exchanges ones that have been hacked and ones that haven't been hacked yet.

Spot on buddy! Decentralized exchanges are the way. No compromise this time. Community is the key!