Bitcoin Forum

If I use a decentralized exchange and a wallet, such as ledger nano, this would be the safest possible way to avoid hackers ?

It is indeed very nice to buy you do or use the wallet it is decentralized, because it will greatly provide a high level of security for users, I also use it.

Yes that can be more secure compared to just using online wallets s there are hackers and phishers all ready to victimize anyone who is not too careful. Nano ledger is good as this can shield your digital assets just don't lose it or the necessary codes otherwise you are throwing your money away. Safety will always be the top priority when dealing with cryptocurrency.

Yes, it is no longer denied that Wallet hardware is the safest wallet to store CryptoCurrency, but we have to spend a little money in the pocket to buy the wallet, but quietly, everything will be paid handsomely with super security.

Yes you are absolutely right. I think security of the account would be stronger by the decentralized exchange and ledger nano wallet. I think it will be so tough to break the security by any hacker or phisher.

Security is the most important when dealing with crypto currency. Indeed that can be more secure contrasted with simply utilizing on the web wallets s there are programmers and phishers all prepared to mislead any individual who isn't excessively watchful. Nano record is great as this can shield your computerized resources simply don't lose it or the vital codes else you are discarding your cash. Well-being will dependably be the best need when managing cryptographic money

Yes, using a hardware wallet is till now the safest possible way. But then again, hackers are always smarter. So, you really have to be very careful with your datas.

using hardware wallets is pretty safe but they are in no way "safest" way possible to store bitcoin. there has been cases in the past, although rare, that some bugs in their software led to leakage of private keys.
the safest way is still a cold storage where there is absolutely no connection between your private keys and a computer, like a paper wallet (preferably an encrypted one).

Decentralized Exchanges plus ledger nano is a new system like wallet and this is how we can avoid from hacker and this may heps from many frauds & we all know based on bitcoin the probability of hacking account is near 0.2% so still use in a safe way is good for use. 

Yes you are absolutely right. I think security of the account would be stronger by the decentralized exchange and ledger nano wallet. I think it will be so tough to break the security by any hacker or phisher.

Hackers, yes. Muggers/kidnappers, maybe not. (For absolute security in such circumstances you'd be looking at multi-sig and keeping the keys in ultra-secure locations. But that's probably overkill for 99% of us.)

Keep in mind some wallets have features like the ability to host multiple seeds, such that you can trick a kidnapper with a secondary address that only has a small portion of your funds.

Its not the safest way because ledger often has bugs in their wallet. Also there is no good enough decentralized exchange yet. A few years later maybe this would be the safest way. There is always a risk when you do anything on the internet. Sometimes being too precautious may lead you to doing something much stupid. Just use the normal exchanges like binance or something,and use whatever hardware wallet you have. If you are in no hurry to sell,use a paper wallet.

Ledger nano is quite good wallet. It's vaey safe and secured. There're hardly any chance of getting hacked. Overall, crypto currency is quite strict with getting hacked by any fraud.

This wil be a pretty good idea to use ledger nano instead of any online wallet. Hopefully this will help the user to avoid hacking and other security issues.