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RE: How to earn passive income from lending your Bitcoin on Poloniex

in #bitcoin7 years ago

In the event of an exchange hack, I don't think one option would really be safer than the other. I agree, withdrawing from the exchange in advance of August 1 is my preferred option. But on the other hand, if you do that you'll have to navigate any potential fork yourself in regards to upgrading wallet versions, syncing to the right chain, etc. Big exchanges such as Poloniex will have a plan in place for that, and I'm sure many people will simply find it easier to just let them deal with it.