This is one thing that I always emphasize i.e storing
the funds on a Hardware wallet like Ledger, however, if you are storing the funds only for a short period of time, then its ok to keep on the exchange.
Not exact matches
In a published statement issued
on April 26, Parity formally announced that it would not unilaterally execute a hard fork of the Ethereum network in order to recover
funds stuck in some of the company's
hardware wallets:
Cryptocurrency enthusiasts who rely
on Ledger
hardware wallets to keep their coins safe ought to exercise extreme caution when sending
funds: sticky - fingered hackers might be out to re-route your digital cheddar away from your intended recipient and straight to their own
wallets instead.
If users have
funds in multi-signature Copay
wallets which use TREZOR or Ledger devices as co-signers, BitPay is recommending to move
funds to a 1 - of - 1
wallet on a
hardware device, or to a different multi-signature BitPay or Copay
wallet.
Bitbox also provides FIDO Universal 2nd Factor (U2F) authentication to access
funds, just like every other
hardware wallet on the market.
In a DEX, user
funds are stored in
hardware wallets on each user's computer, and value is never lost; when a trade commences, and instant swap, i.e., atomic swap, occurs so that the money never passes through a middleman.
Offline («cold»)
wallets, where the private key is stored
on paper or offline
hardware like a password - protected USB, or simply in one's brain (when you memorize a special phrase to access your
funds).