Crypto investors have come to rely on crypto exchanges because they provide liquidity, a wide range of trading pairs and convenience. Given the great benefits offered by crypto exchanges, direct peer-to-peer transactions are still less popular, especially among traders.
Over the years, crypto exchanges not only converted cryptos but also became custodians and even lenders by offering funds for margin trading. Trading on such platforms became convenient, but what about their security? Many traders entrust their funds to crypto exchanges, which use both hot and cold wallets. However, the threat of hacking attacks has always been relevant even with the most reputable platforms.
Learn more about HitBTCContinue Reading on Coin Telegraph