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Which exchange feels the most "safe"? Please explain if possible.

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by COINS NEWS 46 Views

I've heard a tiny bit about many of the main exchanges and I've tried several of them for that niche coin trade here and there.

I'm looking for information on which exchange you guys personally feel like is safe/too big to fail at this point or has some credibility.

If you are fully anti-exchange and get it off ASAP that's also fine if you want to mention why no exchange has any out of safety.

I understand not your keys, not your coins. I am just looking for info on if one might be a safer bet or if they all might collapse any moment like some have before.

Thanks!

Edit:

So far the top votes seem like: Binance, Kraken, Coinbase and Gemini, CryptoDotCom and KuCoin as honorable mentions.

Other advice in this thread:
Don't use an exchange without KYC, Multiple repeats of not your seeds not your crypto, Using only DEX for trading

Sidenote, I do keep about 30% on exchange, 30-40 on multiple wallets on different devices, and the rest in cold store, I do not advocate 100% exchange to anyone.

submitted by /u/spacedefend
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