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Author Topic: Can i trust EtherDelta with my Private Keys ?  (Read 11015 times)
johnyespapa
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November 09, 2017, 07:08:15 AM
 #261

yes you can,theres a lot of review for etherdelta it is safe and secure.

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November 09, 2017, 07:23:45 AM
 #262

I never keep long on a wallet that is often used to exchange tokens using etherdelta. but a few moments I tried trading on etherdelta and it was safe and successful. the important thing is you do not forget to forgeten account after you finish trading
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November 09, 2017, 07:29:36 AM
 #263

Hello,

I wanted to try etherdelta to trade my tokens.

Can i trust etherdelta with my Private keys ?
I think an EtherDelta exchange site is certainly very secure with a private key we have even I often do an exchange of tokens that I get from a Bounty campaign this I often do if I'm in a pressing state and need money for my needs it's just possible a process that is quite old and usually will happen a pending and it does not last long. and apart from a security owned by it EtherDelta I think it's just up to you so I mean the most important thing is you have to save your personal key code to open your EtherDelta site so no one else knows about personal key code EtherDelta that you have. Because I think most people who get hacked on the EtherDelta site they have it because of a carelessness they do by not storing the code from their private key so that of course this will be able to make others know the code from the private key they have and of course it will make others very easy to always monitor the tokens they have stored at the EtherDelta exchange site. So I think keep it very secret and of course only you who know the code of the private key to open your EtherDelta exchange site you have.

 
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November 09, 2017, 07:48:45 AM
 #264

Make an additional wallet to use it only at EtherDelta. You will lose a little for transaction fees, but your main wallet and funds will be in safe.
BobBoulder
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November 09, 2017, 09:03:10 AM
 #265

Make an additional wallet to use it only at EtherDelta. You will lose a little for transaction fees, but your main wallet and funds will be in safe.
This is how I work and I think this is the safest way to avoid any kind of misuse.
If someone want to abuses and private key then I would lose only small part that I intended for trading on EtherDelta exchange.
The main wallet will remain safe.
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November 09, 2017, 09:14:28 AM
 #266

I thought etherdelta is safe. cause some of my friends are trade here regular. They told me it is safe and secure, but i did'nt tried here
and also i trust my friends so i think this is safe . Smiley

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November 09, 2017, 09:16:07 AM
 #267

ED robbed me out of .6 ETH yesterday.  I sold some tokens and then had to run and left the ETH in the ED address instead of withdrawing back to my personal address.  Today I found that all of the transaction history is there but they jacked my .6 ETH from the sale.

All - be very careful to never leave eth or tokens in the ED address and always withdraw. 

Yeah that's why storing your coins in any exchanges aren't safe so after you done trading in etherdelta, withdraw your coins and click the forget account in the upper right corner. Don't leave any information like address and private keys in etherdelta or else even your coins will loss.
I've been using it since then and didn't encounter major headache. Grin

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November 09, 2017, 09:18:25 AM
 #268

I am still safe, some of my friends too. I think etherdelta is still safe until now.  Wink
Acguy
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November 09, 2017, 09:35:38 AM
 #269

You should never trust anyone or any third party with your private keys. They're called private keys for a reason.

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November 10, 2017, 03:54:20 PM
 #270

Ether  delta is the trading platform of myetherwallet. So you may trust on ether delta for entering private key. I am also using ether delta. One thing always remember always use private browsing.
I have been using Etherdelta for a while now and I understand why most people are always skeptical about inputting their private keys on the site, since it is something not to toy with. However, it is a decentralized exchange and it is very much expected.

The most important thing like you have said is to make sure one adhere properly to security and make sure that you are exactly on the official site before you end up typing your private key into a cloned site.
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November 10, 2017, 03:58:26 PM
 #271

i am using EtherDelta But I not given Private kEy its only me dont give private keys it is a only our

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November 11, 2017, 05:54:22 PM
 #272

ED isn't a bad trading site as people paint it. Some people's private key was exposed by clicking on phishing scam not ED exposing their key
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November 11, 2017, 06:23:05 PM
 #273

Etherdelta is a true dAPP: it's a web based front end running a smart contract. So to the extent that you can trust your private keys to anyone, it's them. On the downside, it makes for a somewhat complicated and user-unfriendly system... just an unfortunate necessity of first generation dAPPs.
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November 11, 2017, 06:26:20 PM
 #274

Ether  delta is the trading platform of myetherwallet. So you may trust on ether delta for entering private key. I am also using ether delta. One thing always remember always use private browsing.
I have been using Etherdelta for a while now and I understand why most people are always skeptical about inputting their private keys on the site, since it is something not to toy with. However, it is a decentralized exchange and it is very much expected.

The most important thing like you have said is to make sure one adhere properly to security and make sure that you are exactly on the official site before you end up typing your private key into a cloned site.

I don't think etherdelta would exploit our priva keys, but some hackers or other bad people can find a bug on the system and steal the tokens you have. This is the worrying thing of etherdelta.

Anyway, if you trust etherdelta, type your private key without worries.
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November 11, 2017, 07:24:12 PM
 #275

Hello,

I wanted to try etherdelta to trade my tokens.

Can i trust etherdelta with my Private keys ?

Majority of the community here in this industry don't trust in this exchange site platform, because this is the only exchange platform asking your private key and ethh address before you can able to use their platform, where other platform is not asking this but you can used their exchange site to trade in.
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November 11, 2017, 08:06:22 PM
 #276

 Very High Risky to released private key. if wallet ID is not enough. I think is better to work with organization, to avoid stories.
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November 11, 2017, 08:16:52 PM
 #277

Just cash out your coins when you finish trading to your hardware wallet/ cold wallet ,
its the safest thing to do
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November 11, 2017, 08:19:38 PM
 #278

Hello,

I wanted to try etherdelta to trade my tokens.

Can i trust etherdelta with my Private keys ?

Majority of the community here in this industry don't trust in this exchange site platform, because this is the only exchange platform asking your private key and ethh address before you can able to use their platform, where other platform is not asking this but you can used their exchange site to trade in.
for etherdelta just make sure that this is real and not a pishing site , you can trust etherdelta with the private just make sure that this is not where you store all tokens taht you have. Cause for our time now it is hard to trust the site so make sure that this is real etherdelta.
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November 11, 2017, 08:52:23 PM
 #279

You can but still, do it for your own risk. Etherdelta is a decentralized trading site and it is somehow more vulnerable to hacks compared to a more secure, and more advanced trading sites like bitrex and poloniex. But so far in trading tokens especially from airdrops, I haven't experienced any problems on etherdelta.
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November 11, 2017, 09:53:09 PM
 #280

Its a decentralized exchange, so they don't hold your private keys as transactions are done on your web browser (or something of this sort...). I've used them a couple if times and I've not experienced any problems whatsoever.

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