With many hacks in exchanges this year 2020 and the recent is KUCOIN today that almost lost $150million of cryptocurrency in their Hot wallets we should now be careful and trust the most trusted exchange as of now even it has insurance we might never know when we could claim our assets again since my friend told me it takes time before you could get your asset especially if it is big amount.
To pick a cryptocurrency exchange as the safest, best and favorite, we should know what to look in for.
If you want to try with much higher volume, COINBASE platform is the way to go. Because funds are safe and insured. Coinbase is the quickest and cheapest way to buy Bitcoin out there. Coinbase offers some of the lowest fees in the market for direct purchases with credit and debit cards. However if you like having better trading options CEX is more recommendable and Coinmama better for privacy. Hardware wallets are the most secure when it comes to storing your coin in hardware wallets leverage the benefits of both cold and hot storage.
The best Cryptocurreny Wallet app is LEDGER Nano, very well known in the Bitcoin space for providing some of the best wallets and security for the money to prevent theft. Ledger Nano S has support for the widest number of cryptocurrencies. The major hardware wallet providers are Ledger, Trezor, and KeepKey but as of now I don't have money yet and I trust coinbase at this moment.
If your crypto asset is almost all your money into it then I prefer you to buy Hardware wallets rather than staying it in exchanges and actually I am scared as of now in my country cryptocurrency exchange because its not yet insured according to the site.
