However, if your crypto exchange is hacked or fails, your funds may not be safe. The risks vary from platform to platform, and a lot depends on what the exchange does with client funds. Some exchanges are a lot more transparent and use third-party auditors to show users their funds are safe. The challenge is that there's limited regulation, making it difficult to know exactly what's going on behind the scenes. In contrast, you're the only one who can mismanage funds in your non-custodial crypto wallet. If best place to trade cryptocurrency you've forgotten your username and password, use the link below to reset it. The Ascent is a Motley Fool service that rates and reviews essential products for your everyday money matters. Website Last night I noticed that BCC was skyrocketing on Bitconnect but when I checked on Coinmarketcap it showed it tanking. I looked at the markets tab and Coinmarketcap was excluding the BCC exchange because it's price was way different then every other exchange by more then double.