How to protect your crypto assets if the exchange goes bankrupt. Read Here
- There is numerous risk in the crypto market such as cybercrimes, phishing, impersonations, Ponzi schemes, frauds, scams, market impacts, and regulatory limitations among others.
Cryptocurrency markets are volatile, sentiment-driven, and are high riskier pool for investment. Crypto exchanges losing their market value to peanuts and investors' money wiped out to zero in a blink of an eye - is a scary scenario but an expected one when trading in sensitive assets called cryptos. There are ample of examples of how your wallet in cryptos can be trimmed to nil overnight, and the LUNA delisting currently being the latest example.
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