Kraken holds for long-term?


#1

Is it absolutely safe to hold etc in kraken account? I mean like for mounth or two? It’s not possible that they could disappear without hacking account right?

sorry if im posting it to a wrong place


#2

Holding your ETC in a centralized exchange account is always a risk, the exchange could get hacked or they may even randomly suspend/freeze your account for some reason(which could take months to sort out with their support teams).

Here is a list of documented exchanges that were hacked: https://rados.io/list-of-documented-exchange-hacks/

I mean really it depends how much you are holding there, if this is a % that you know you are going to trade then why not but I would never hold all your ETC on an exchange.