Title: Is Bittrex safe with 2FA? Post by: USBitcoinServices.Com on December 23, 2015, 04:14:19 AM I found this article saying that the 2FA at Bittrex is not safe, what do you think? is the Authy app for windows - laptops a good app?
http://highoncoins.com/cryptocurrency-trading-tips/do-not-use-two-factor-authenticatoin-with-bittrex/ Title: Re: Is Bittrex safe with 2FA? Post by: ajun96 on December 23, 2015, 04:31:09 AM I think your thread is wrong section dude, you must post in service duscusion or service announcement
Title: Re: Is Bittrex safe with 2FA? Post by: Blawpaw on December 23, 2015, 05:33:00 AM The guy didn't really had the 2FA option activated and probably had a poor password. That's why he was hacked in the first place.
Title: Re: Is Bittrex safe with 2FA? Post by: lihuajkl on December 23, 2015, 06:26:12 AM 2FA is not that safe. Remember that you never should trust any exchange. Once you have done the trade, just move the coins to your own wallet.
Title: Re: Is Bittrex safe with 2FA? Post by: Maskedman on December 23, 2015, 06:28:57 AM I found this article saying that the 2FA at Bittrex is not safe, what do you think? is the Authy app for windows - laptops a good app? http://highoncoins.com/cryptocurrency-trading-tips/do-not-use-two-factor-authenticatoin-with-bittrex/ The exchange itself can still steal your coins, even if you have 2FA on... Title: Re: Is Bittrex safe with 2FA? Post by: coinzat on December 23, 2015, 09:38:07 AM I found this article saying that the 2FA at Bittrex is not safe, what do you think? is the Authy app for windows - laptops a good app? http://highoncoins.com/cryptocurrency-trading-tips/do-not-use-two-factor-authenticatoin-with-bittrex/ The exchange itself can still steal your coins, even if you have 2FA on... I used bittrex several times in exchanging altcoin to bitcoin and all my transactions went smoothly without problems. I do not know about their reputation these days Title: Re: Is Bittrex safe with 2FA? Post by: BTCBinary on December 23, 2015, 01:11:27 PM I found this article saying that the 2FA at Bittrex is not safe, what do you think? is the Authy app for windows - laptops a good app? http://highoncoins.com/cryptocurrency-trading-tips/do-not-use-two-factor-authenticatoin-with-bittrex/ this is an old and dumb article from july 2014. that's what i think. Yep, agreed. Antways the guy who open the thread should be concerned about Cryptsy and not about Bitttrex who has a very nice reputation. 2FA is completely secure, the problem is that exchnages can steal your money if they want. Title: Re: Is Bittrex safe with 2FA? Post by: extrabyte on December 23, 2015, 08:24:38 PM Even if you have a poor password and with 2FA enabled the hacker can't do anything. 2FA is higher level secure.
Title: Re: Is Bittrex safe with 2FA? Post by: HarryKPeters on December 23, 2015, 09:32:18 PM 2FA is very secure. The chance a hacker can hack both your bittrex password + get control over your mobile phone is very slim.
If you use authy in the browser, it can be dangerous though.. Title: Re: Is Bittrex safe with 2FA? Post by: Zaun on December 23, 2015, 10:11:13 PM With 2FA enabled there's nothing much an hacker can do. Sure they can use your credentials on other exchanges, but since most of them also have 2FA
I won't be worried. Exchanges know damn good how to secure people's money. Good exchanges offcourse. Title: Re: Is Bittrex safe with 2FA? Post by: Pollak on December 23, 2015, 10:32:45 PM I found this article saying that the 2FA at Bittrex is not safe, what do you think? is the Authy app for windows - laptops a good app? http://highoncoins.com/cryptocurrency-trading-tips/do-not-use-two-factor-authenticatoin-with-bittrex/ Yes it's safe. But it won't harm to have a difficult password. Make it a habbit to using very strong at least 12 characters long passwords. This way you are forever 'safe' on any site. Title: Re: Is Bittrex safe with 2FA? Post by: Bitcoin_Delivery on December 23, 2015, 11:07:24 PM It's lot of time that i use bittrex now and all my exchanges, deposit anmd withdraw never had any problems.
I used it also without 2FA and all goes always fine. Of course 2FA can prevent someone to steal your money (but if the exchange disappear itseld, bye bye coins & 2FA) Title: Re: Is Bittrex safe with 2FA? Post by: Amph on December 24, 2015, 12:44:23 PM google app is better than a simple authy, and in any case if your phone is compromised or you email, nothing is secure
the guy probably had his desktop infected as usual Title: Re: Is Bittrex safe with 2FA? Post by: tiggytomb on December 24, 2015, 12:55:51 PM 2FA is quite secure in general not just on Bittrex, hackers would have a hard time breaking into your account with it turned unless they have your mobile phone.
Title: Re: Is Bittrex safe with 2FA? Post by: praprata on December 24, 2015, 02:43:10 PM If 2FA is not secure anymore, then nothing is.
These days it is one of the best and most secure ways to protect a account. Title: Re: Is Bittrex safe with 2FA? Post by: hasiramasenju on December 24, 2015, 06:45:22 PM i use bittrex several times for altcoin trading activity with never use 2FA and never had problem with that
but i although it's pretty safe but i will not save my bitcoin in that exchange for long term Title: Re: Is Bittrex safe with 2FA? Post by: crazyivan on December 25, 2015, 08:48:23 AM Larger amounts of crypto, I suggest you use nothing else but cold storage. If we talk about trading only, sure Bittrex s perfectly safe.
Title: Re: Is Bittrex safe with 2FA? Post by: hedgy73 on December 25, 2015, 08:49:46 AM I like Bittrex, its the only online exchange I use.
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