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Author Topic: Can i trust EtherDelta with my Private Keys ?  (Read 11015 times)
gangem07
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November 05, 2017, 02:53:38 AM
 #201

I've never had that anyone lost this wallet because of EtherDelta, though it's much better to use Metamask when trading on EtherDelta. It totally secure and much more handy.


I agree with you. Before ,I am very hesitant to join etherdelta for security reasons of my wallet. Since we are  exposing our private keys to their site. But when metamask is introduced, I am trading using it. Just set your default wallet in metamask and refresh etherdelta and thats it.Very convenient.
My friend says that trying to get etherdelta doea not seem to  be a problem even if they have a private key..so,I've tried it once..its safe to say etherdelta...

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CryptoKranthi
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November 05, 2017, 04:16:21 AM
 #202

Yes, ofcourse why not? Etherdelta is a decentralized trading platform. No one will stole your private keys on etherdelata unless your computer got virus or some keyloggers playing with your system.
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November 05, 2017, 04:20:34 AM
 #203

The safest way to trade on etherdelta is via Metamask, just install the chrome plugin, login to your metamask account with yout JSON file and open etherdelta, it will reflect your ETH wallet balance from where you can deposit directly to Etherdelta and trade.
I find it safe/secure/easy to use.
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November 05, 2017, 05:16:09 AM
 #204

Personal advice Do not trust too etherdelt, you can trade above etherdelt But try not to store too much money, there will always be some unsafe to go to the center of the exchange.
 Cheesy

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November 05, 2017, 05:22:23 AM
 #205

I suggest you to do not put your private key on etherdelta. Just be carefull. Just using the trusted exchanger like poloniex or bittrex. But the safest way for me just use exchanger for sell your coin not ford hold.

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November 05, 2017, 05:45:16 AM
 #206

Hello,

I wanted to try etherdelta to trade my tokens.

Can i trust etherdelta with my Private keys ?
I have been  trading  at at etherdelta for a long time, and there is no probem. I think you shouldn't be worry about. if the private key was hacked?  I think it is not from etherdelta , it is because you pc was hacked or installed with spyware.
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November 05, 2017, 05:57:38 AM
 #207

Hello,

I wanted to try etherdelta to trade my tokens.

Can i trust etherdelta with my Private keys ?

Many says it was good and also many say its unwise better you try it by yourself so that you will have your own conclusions and experience. Better if you just try it in small denominations first just to be safe and trade until you could have your own understanding. In addition, you could use the google for further review and research that some people are already shared their experiences for your decision making.

 
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bitcoinmagneto
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November 05, 2017, 06:07:16 AM
 #208

I personally haven't used it but according to my research and based on people's reviews it is safe to assume that we can trust our Private Key with it.
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November 05, 2017, 06:14:46 AM
 #209

I suggest you to do not put your private key on etherdelta. Just be carefull. Just using the trusted exchanger like poloniex or bittrex. But the safest way for me just use exchanger for sell your coin not ford hold.

I much prefer to use Etherdelta than any kind of centralized exchange. Private keys are generated client-side... no third party risk. There is some risk of MITM attacks, but that is generally true when you don't control the software that broadcasts your transactions.

It's just too bad that you can only trade ERC20 tokens there. I can't wait until the decentralized exchanges like Crypto-Bridge start getting more liquidity and we can start trading altcoins this way too. I can sleep much easier at night with orders on the book when I'm not exposed to exchange risk.
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November 05, 2017, 06:23:43 AM
 #210

Hello,

I wanted to try etherdelta to trade my tokens.

Can i trust etherdelta with my Private keys ?
Yes, you can, but only store trade coin on etherdelta
If you hold it a long time, do not used  etherdelt wallet
You must to protect your money! in your way
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November 06, 2017, 09:08:10 AM
 #211

You have no choice if you want to use EtherDelta one of the most popular platform. There are many others trade providers, but almost everywhere you must use your private keys. So don’t worry about it.
If you afraid to much you can just trade and then send coins to safer place!
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November 06, 2017, 09:43:53 AM
 #212

Some of my friends already  tried and traded etherdelta. They made everything  safe. But I better  wait until the coins that I hold listed to other exchangers.
if you are impatient or there is an urgent  need, I offer to try  a little first, if safe sell all.
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November 06, 2017, 09:51:29 AM
 #213

I have been using it for few weeks now so far no issues sometimes site gets lagged out and freezes on loading but fixes on reloading not a big issue might be my net, why not make a new wallet on Etherdelta and transfer your funds which you want to exchange to that wallet and when you are done transfer the funds back to you're original wallet?

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November 06, 2017, 09:54:10 AM
 #214

Hello,

I wanted to try etherdelta to trade my tokens.

Can i trust etherdelta with my Private keys ?
You can use, I'm still using. but use a separate account for it, so you will be safer! Everything you do not keep is not safe
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November 06, 2017, 10:13:43 AM
 #215

Very good question ! I think that you can trust , but I use new ether wallets every time I want to trade on ED. But you must be careful on clicking fishin links. I made it once and lost 5000$.
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November 06, 2017, 10:18:20 AM
 #216

Yes it is 100% sure. It is store only on your local browser. But even better you can use metamask and be calm and safe

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November 06, 2017, 10:41:42 AM
 #217

Etherdelta is one who you can trust, but always be sure that no one accept them will get your private key! You can loose you money instantly and without any vhance to take it back
CryptoBjorn
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November 06, 2017, 10:50:32 AM
 #218

Etherdelta is one who you can trust, but always be sure that no one accept them will get your private key! You can loose you money instantly and without any vhance to take it back

Etherdelta doesn't store your keys. It's the concept of how a decentralized exchange works. Even if they got hacked your coins/ tokens are still safe, since they are not with ED.
Apart from the UI the exchange being decentralized is good and to be trusted.

But again I've used it and lost money simply of a buggy interface which mean you should be carefull nonetheless.
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November 06, 2017, 10:53:24 AM
 #219

Yes etherdelta is safe.No problem has occured till now with me
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November 06, 2017, 10:53:38 AM
 #220

I am using it.Ether delta is safe.Don't worry
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