In fact, there are risks whether the funds are placed in a digital wallet or in an exchange. It is recommended that you choose a large exchange such as Binance.
First of all, why are exchanges unsafe?
1. Review the history of exchanges running away
1.796. (2015)
2. CBE Kipcoin. (2015)
3. Bitz. (2018)
4. EtherDelta. (2018)
5. Cattleex。(2018年)
6.86bex. (2018)
7.BitGoGo. (2019)
8. Ctcoin. (2019)
9.Shuobi. (2019)
10. Kikcoin. (2019)
11. GGBTC. (2019)
12. Allcoin. (2019)
13. Bitker. (2019)
14. IDAX. (2019)
15. FCoin. (2020)
16. Hcoin. (2020)
17. Bingo. (2020)
18. CoinMex. (2020)
19. CoinBene. (2021)
20. Hotbit. (2021)
21. Aofex. (2021)
22.AEX. (2022)
23. Zb. (2022)
24. bitous. (2022)
25. Txbit. (2023)
These are just some of the exchanges in our country. There are many more at home and abroad that are not included in the statistics. There are simply too many!
In short, exchanges can run away or collapse at any time! A messy exchange can easily run away or collapse due to many internal operations, including hacker attacks, and you will have to pay the bill yourself.
You can choose different storage methods according to your own situation, and remember not to put all your eggs in one basket. Place your digital assets in exchanges, hot wallets, and cold wallets in a certain proportion to diversify risks.