Blockchain : What Security Questions Should You Ask of Your Crypto Exchange?
Every cryptocurrency trader and investor wants to be sure that their funds are always safe, no matter where they are. However, trading inherently [comes with many risks](https://bitnewstoday.com/news/bitcoin/more-than-1-bln-lost-what-can-you-learn-from-it/), including fraud from exchanges, theft, and hacking which can compromise wallets and cause users to lose cryptocurrency. Here are several questions which you should ask of your cryptocurrency exchange before trusting them with your funds.
[Here is your checklist](https://bitnewstoday.com/news/bitcoin/what-security-questions-should-you-ask-of-your-crypto-exchange/)
What is the Blockchain?
A block chain is a transaction database shared by all nodes participating in a system based on the Bitcoin protocol. A full copy of a currency’s block chain contains every transaction ever executed in the currency. With this information, one can find out how much value belonged to each address at any point in history.
Author: artabba
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