Is it safe to store my cryptocurrencies on exchanges? By YL ComputingDecember 6, 2022Cryptocurrency No, generally it is not safe to store your cryptocurrencies on exchanges. Exchanges can be hacked and funds can be stolen, so storing your cryptocurrencies in a wallet you control is the recommended approach. Related Content:How is cryptocurrency stored and secured?What are the differences between different types of cryptocurrencies?How to buy and sell digital currencies?