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Is it safe to keep funds in crypto exchanges during the withdrawal stoppage?

Mohammad Mobarak Hossain MdSep 23, 2021 · 4 years ago3 answers

During a withdrawal stoppage in crypto exchanges, is it safe to leave your funds in the exchange?

3 answers

  • helpmecheatJul 03, 2020 · 5 years ago
    It is generally not recommended to keep your funds in a crypto exchange during a withdrawal stoppage. While exchanges take measures to secure their platforms, there is always a risk of hacking or technical issues. It's best to transfer your funds to a secure wallet where you have full control over your private keys.
  • OlziberOct 04, 2024 · 10 months ago
    Keeping funds in a crypto exchange during a withdrawal stoppage can be risky. Although exchanges may have security measures in place, it's always safer to store your funds in a personal wallet. This way, you have full control over your assets and reduce the risk of potential hacks or technical glitches.
  • Russo FranksMay 23, 2024 · a year ago
    As an expert in the field, I would advise against keeping your funds in a crypto exchange during a withdrawal stoppage. It's crucial to prioritize the security of your assets by transferring them to a personal wallet. By doing so, you eliminate the risk of potential vulnerabilities in the exchange's infrastructure.

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