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RE: When you send crypto to an Exchange it's no longer yours untill you get it out again.

in #life7 years ago

I've recently moved to Whaleclub for my trading/exchange. They actually store your coins in an offline wallet. Comment or PM me with any questions. I'd like to get a group of us together possibly to discuss current events in the crypto space :P

https://whaleclub.co/join/NcE0h - 30% bonus on first deposit with my link!

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Who controls the private keys is the question.

Privacy and security are at the core of everything Whaleclub makes. 2-factor authentication adds an extra layer of security. And high-grade encryption ensures the privacy of sensitive information. You ultimately control your wallet.

Yes but who controls the keys of your deposited cryptos? You still don't answered my question. What if they shut-down and run with your money/crypto's?

Any exchange can shutdown and take your coins in them...? As always store your bitcoin when not trading in a hard wallet.

Thats the beauty of DECENTRALIZED exchanges like bitshares !!! They can't shutdown! You can leave your coins there !!!

Bitshares is confusing. Ease of use is what the people want. Like Bittrex, Coinbase, and WhaleClub!

https://steemit.com/forex/@greenbuff/whaleclub-my-new-favorite-exchange-here-s-why

check out this article

MtGox and btc-e was extremely user friendly also. Everyone is free to decide what is more important.