Yes, Exchanges are risky. I just read a post about Bittrex deactivating user accounts from different countries and users complaining to cointelegraph. It's just not a good practice to leave your coins on exchange. I hope to get out of Bittrex soon.
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As the crypto-space grows, we'll get more exchanges that are in it for only their own profit. And they'll take it anyway they can, legal or illegal, by hook or by crook.