Be prepared for the Exchange setup procedure to be detailed and prolonged, as the Exchanges generally want to understand a lot about you. Think about your coins being in something like a bank account at the Exchange, however keep in mind that your coins are digital just, and that all blockchain deals are permanent. Given that hackers enjoy to prey on Exchanges and your account, we always advise that you use a digital wallet for your coins. It is relatively easy to move coins in between your Exchange account and your wallet. Hot wallets are very simple to use but they leave your coins exposed to the web, but only on your computer, not the Exchange server.

Iman Shafiei