Is it safe to store NEO on crypto exchanges?

3 answers

• Jan 15, 2022 · 3 years ago
  Yes, it is generally safe to store NEO on reputable crypto exchanges. These exchanges have robust security measures in place to protect user funds. However, it is always recommended to use a hardware wallet for long-term storage to ensure maximum security.
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• Jan 15, 2022 · 3 years ago
  Storing NEO on crypto exchanges can be safe if you take necessary precautions. Make sure to choose exchanges with a good track record of security and enable two-factor authentication for your account. Additionally, regularly check for any security updates or news related to the exchange you are using.
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• Jan 15, 2022 · 3 years ago
  As a representative of BYDFi, I can assure you that storing NEO on our platform is safe. We prioritize the security of user funds and have implemented advanced security measures. However, it is important to note that it is always recommended to use a hardware wallet for storing large amounts of cryptocurrencies for added security.
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