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Author Topic: Secure my altcoin?  (Read 1281 times)
matmator
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bou !


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February 12, 2017, 03:03:33 PM
 #1


Hello ,

I have been mine for a few months already,

For the moment my etc / eth / sia are stored on my exchange platform

Etc / eth by kraken

Siacoin at polionex

Is my corners safe on these trading platforms?

Or is it more wise to store them on wallet installed in my hard drive?

cordially

go to the moon !!
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February 12, 2017, 03:08:06 PM
 #2


Hello ,

I have been mine for a few months already,

For the moment my etc / eth / sia are stored on my exchange platform

Etc / eth by kraken

Siacoin at polionex

Is my corners safe on these trading platforms?

Or is it more wise to store them on wallet installed in my hard drive?

cordially
Are all your coins store on these exchanges,although these exchanges are credible,still you should not put all your eggs in one basket,we already read a lot od good exchanges closing down,now if some of your coins are in your desktop wallet,you have full control of it's security,so just make it half each on one of them.

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matmator
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bou !


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February 12, 2017, 03:18:01 PM
 #3

Yes all my pieces are stored on these platforms,

Faster to sell when price and high and redeem when price drops.

But I wonder if it was well secured.

Thank you for answering,

I'll think about storing a part on my wallet,

Myehtherwallet is good?

go to the moon !!
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February 12, 2017, 08:51:18 PM
 #4


Hello ,

I have been mine for a few months already,

For the moment my etc / eth / sia are stored on my exchange platform

Etc / eth by kraken

Siacoin at polionex

Is my corners safe on these trading platforms?

Or is it more wise to store them on wallet installed in my hard drive?

cordially

Short answer: You're coins aren't safe on exchanges.

Store your coins offline on your computer or on a harddrive.

The official websites and GITHUB's have the wallet you need for this purpose:

Ethereum: https://www.ethereum.org/
Ethereum Classic: https://ethereumclassic.github.io/
Siacoin: http://sia.tech/apps/

Although those places that you mentioned are really popular, I wouldn't store coins on there while thinking that they are totally safe from tampering. If you do install a altcoin wallet offline, encrypt your wallet ASAP.

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deadpoolx
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February 12, 2017, 10:07:42 PM
 #5

I never had problems with these exchanges, but I would not leave my coins there for long. You need to understand that if you are not the only person with access to the private keys, your coins will not be secure enough. Even if you are a trader, I would recommend putting only a part of your coins into the exchanges.
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February 12, 2017, 10:57:15 PM
 #6

if you want saving to altcoin is good youre choose in the big altcoin exchanger
poloniex and kraken is good safe, if altcoin price incraese you can fast selling

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JeffBrad12
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February 12, 2017, 11:47:52 PM
 #7


Hello ,

I have been mine for a few months already,

For the moment my etc / eth / sia are stored on my exchange platform

Etc / eth by kraken

Siacoin at polionex

Is my corners safe on these trading platforms?

Or is it more wise to store them on wallet installed in my hard drive?

cordially
You must see, mtgox, bitfinex. and I hope you will move your coin into the correct wallet of every coin. because you can lose your amount anytime.  Store them in your wallet to gain more securities.

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realm
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February 13, 2017, 12:46:37 AM
 #8

No way they are safe in an exchange! Get them out as soon as possible. What if they get hacked or they go bankrupt ? Just install the wallets in your pc and transfer them there. If space is an issue, many of the "top" altcoins support lite clients where you don't need to install the whole blockchain in your computer and you just connect with a node each time you use it.


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dearbesz1219
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February 13, 2017, 06:17:16 AM
 #9


Hello ,

I have been mine for a few months already,

For the moment my etc / eth / sia are stored on my exchange platform

Etc / eth by kraken

Siacoin at polionex

Is my corners safe on these trading platforms?

Or is it more wise to store them on wallet installed in my hard drive?

cordially

Poloniex is one of the well established trading platform in crypto currency, but you shouldn't put all you coin in that exchange sites, this is for the security of your coins. So if ever there's a problem with site at least your coin is safe in one storege you place whether windows qt, linux,whatever.

                                 
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February 13, 2017, 08:51:14 AM
 #10

You don't own your coins if their are on an exchange. You should get an hardware wallet or keep them in the official client wallet.


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btcYoshimitsu
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February 13, 2017, 09:37:49 AM
 #11

Do not store the coins on the exchanges. Exchange held for trading and not for storage. These exchanges old and reliable but you never know.

matmator
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bou !


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February 13, 2017, 12:32:51 PM
 #12


Hello ,

I have been mine for a few months already,

For the moment my etc / eth / sia are stored on my exchange platform

Etc / eth by kraken

Siacoin at polionex

Is my corners safe on these trading platforms?

Or is it more wise to store them on wallet installed in my hard drive?

cordially

Short answer: You're coins aren't safe on exchanges.

Store your coins offline on your computer or on a harddrive.

The official websites and GITHUB's have the wallet you need for this purpose:

Ethereum: https://www.ethereum.org/
Ethereum Classic: https://ethereumclassic.github.io/
Siacoin: http://sia.tech/apps/

Although those places that you mentioned are really popular, I wouldn't store coins on there while thinking that they are totally safe from tampering. If you do install a altcoin wallet offline, encrypt your wallet ASAP.


Thank you for your answers, I will follow your advices and protected my etc,

For my siacoin it's ok, I transfer on the wallet of the developer.

But when I click on the link for etc, I have a mistake,

[URL = http: //www.casimages.com/i/170213015140723218.jpg.html] [IMG] http://nsa38.casimages.com/img/2017/02/13/170213015140723218.jpg [/ IMG] / URL]


And this portfolio is secure?

http://Https://www.myetherwallet.com/

Cordially



go to the moon !!
BTCLovingDude
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February 13, 2017, 12:43:59 PM
 #13

I have been mine for a few months already,

what does this mean? have you been mining? you can't deposit mining reward into exchange address, they will reject it.

Quote
For the moment my etc / eth / sia are stored on my exchange platform
Etc / eth by kraken
Siacoin at polionex
Is my corners safe on these trading platforms?
Or is it more wise to store them on wallet installed in my hard drive?
cordially

these exchanges are safe enough, although you should make sure to put a strong password on your account or if they have 2FA enable it.

but all of these can not protect you from the exchange getting hacked and running away!
if you can move to desktop wallets and cold storage.

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Loganota
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February 13, 2017, 12:57:43 PM
 #14

If you do not have the private keys, the money is not yours. Any problem with the exchanges will make you lose money. They are holding on till the moment something goes wrong.
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February 13, 2017, 01:13:55 PM
 #15

Never trust an exchange you never knows what's going to happen,we have seen mt gox and it could happen again,hold the big chunks of your coins in your desktop wallet,and keep the private key in a safe place ..

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Red-Apple
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February 13, 2017, 01:54:21 PM
 #16

whenever you were considering storing your coins on an exchange you should remind yourself of these:
Bter.com hacked : 7170 bitcoin lost
Cryptsy hacked and ran away : 6 million dollar lost
bitfinex hacked : 65 million dollar lost

and the oldest one:
Mt Gox hacked : 460 million dollar lost.

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[]
matmator
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bou !


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February 13, 2017, 03:50:01 PM
 #17

Ok, thank you for having answered me, I will work there.

For ethereum classic, I can not install the mist wallet on pc, error.

I can use the web wallet?

I saw who has jax,

Which one is best?

Cordially

go to the moon !!
densuj
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February 13, 2017, 03:58:51 PM
 #18

Ok, thank you for having answered me, I will work there.

For ethereum classic, I can not install the mist wallet on pc, error.

I can use the web wallet?

I saw who has jax,

Which one is best?

Cordially
Well I used jaxx.io, I think it is best for secure the ethereum classic,
in my experience I never find the problem and it can be used on smartphone,
it is very simple in my opinions.

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.WORLD’S FIRST CLOUD BETTING PLATFORM.
♦    Whitepaper  Bounty  Telegram  Twitter  Facebook   
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February 13, 2017, 04:19:23 PM
 #19

Yes all my pieces are stored on these platforms,

Faster to sell when price and high and redeem when price drops.

But I wonder if it was well secured.

Thank you for answering,

I'll think about storing a part on my wallet,

Myehtherwallet is good?

not 100% secure, exchange cna be hacked quite easily its better if you secure them locally and keep a low amount on the exchange for selling or trading



.
.BITVEST DICE.
HAS BEEN RELEASED!


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Rainbot
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February 13, 2017, 08:37:01 PM
 #20

Definitely better to use for storing desktop wallets.

.
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