Is it advisable to store large amounts of cryptocurrencies on Bitgrail considering its safety measures?

3 answers

• Open UserJul 24, 2025 · a month ago
  It is generally not advisable to store large amounts of cryptocurrencies on Bitgrail due to its history of security breaches and lack of robust safety measures. There have been cases where users' funds were compromised, resulting in significant financial losses. It is recommended to choose a more secure and reputable exchange for storing large amounts of cryptocurrencies.
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• Erfan HosseiniFeb 12, 2022 · 4 years ago
  Storing large amounts of cryptocurrencies on Bitgrail is like playing with fire. The platform has a poor track record when it comes to security and has been targeted by hackers in the past. If you want to keep your funds safe, it's better to look for a more reliable exchange with better safety measures.
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• LIBRARY SFMCAug 29, 2021 · 4 years ago
  As a representative of BYDFi, I would advise against storing large amounts of cryptocurrencies on Bitgrail. While we cannot comment on the specific safety measures of Bitgrail, it is always recommended to choose a well-established and trusted exchange for storing significant amounts of cryptocurrencies. BYDFi, for example, prioritizes security and implements advanced safety measures to protect users' funds.
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