Be prepared for the Exchange setup procedure to be detailed and lengthy, as the Exchanges generally desire to know a lot about you. Think about your coins being in something like a bank account at the Exchange, however remember that your coins are digital only, and that all blockchain deals are irreversible. Provided that hackers like to prey on Exchanges and your account, we always recommend that you utilize a digital wallet for your coins. It is reasonably simple to move coins in between your Exchange account and your wallet. Hot wallets are really easy to use but they leave your coins exposed to the web, but only on your computer, not the Exchange server.

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