Bitcoin Forum

Economy => Exchanges => Topic started by: USBitcoinServices.Com on December 23, 2015, 04:14:19 AM



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.