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Author Topic: Can i trust EtherDelta with my Private Keys ?  (Read 11018 times)
senseimaiku
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October 19, 2017, 12:36:06 PM
 #61

Its safe so far
Golegard
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October 19, 2017, 01:13:20 PM
 #62

Hello,

I wanted to try etherdelta to trade my tokens.

Can i trust etherdelta with my Private keys ?
Yes it is safe to as long you are just only know your private key. I trade some of my coins and deposited it there and store my coins for how many weeks until the token price high. The token price was fair for all, I've got what I want. But we don't know what is humanly possible in our technology so always be safe and secured.

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October 19, 2017, 01:27:57 PM
 #63

My friends are recommended me to use EtherDelta to exchange my token so I'll be using it when I receive tokens in the future.

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October 19, 2017, 01:34:28 PM
 #64

Hello,

I wanted to try etherdelta to trade my tokens.

Can i trust etherdelta with my Private keys ?

Yep. It is Safe to Put your private Keys on EtherDelta .
Because i just Traded my Tokens there
and You just Need to Pay your Gas in order to do your Transactions in Etherdelta.
You can Trust Etherdelta.
Just always be aware at some Phishing sites so you can be safe in Inserting your private keys

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October 19, 2017, 01:39:23 PM
 #65

I'll never post my privatekey anywhere i guess i'm too paranoid and I can't imagine what hackers could do. I can't understand those who post their privatekey just for selling shitcoin they have with an Airdrop for 5$.
adam1230
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October 19, 2017, 01:41:24 PM
 #66

Etherdelta is a safe place. They are not storing your private keys. I am using Etherdelta from begining and never had any problems.
make sure you set gas limit to 21 then everything will work like a charm.
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October 19, 2017, 01:46:41 PM
 #67

Etherdelta is not in the custody of users' privatekey! Every users' private key is interacting with smart contract. That is the reason they call such exchange decentralized platform! No central guys deciding how much fee you will be charged etc. So go ahead and trust the smart contract and miners!
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October 19, 2017, 01:47:21 PM
 #68

Yes Etherdelta is safe place till date as it's a place where traders can trade their ERC20 Token which are allocated with particular Ether address.

To access trading and making transactions it needs private keys. With private keys user can enter into network and perform activity. Not only this platform but even Stellar also have build such wallets as well as trading platform which can be accessible with private keys/secret keys.
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October 19, 2017, 01:49:53 PM
 #69

Etherdelta is a very trustworthy platform in my opinion.

mR.k0fka
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October 19, 2017, 01:50:45 PM
 #70

i would make small trades and take out the coins..
i dont trust anyone my privatekeys
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October 19, 2017, 01:51:58 PM
 #71

Etherdelta is a safe place. They are not storing your private keys. I am using Etherdelta from begining and never had any problems.
make sure you set gas limit to 21 then everything will work like a charm.
How long have you been using Etherdelta?

deadmousehat
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October 19, 2017, 01:56:18 PM
 #72

even if etherdelta is safe I never tried etherdelta.
why should use private key that's make me not comfortable trade on etherdelta.
BobBoulder
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October 19, 2017, 03:42:58 PM
 #73

Hello,

I wanted to try etherdelta to trade my tokens.

Can i trust etherdelta with my Private keys ?

In general I think yes. The last time I traded on EtherDelta I used the MetaMask Chrome plugin. I'm not sure whether this increases security, but I believe that this plugin simplify the logging process.
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October 19, 2017, 03:48:26 PM
 #74

Apparently yes you can trust EtherDelta your private keys . But more accurately we can see only after a while.
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October 19, 2017, 03:57:29 PM
 #75

Definitely no, you cannot trust etherdelta. You shouldn't trust etherdelta. You can use it by safest method. Get new wallet and use its private key & pass. So you can sleep well at nights. No risk involved.



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ukboss
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October 19, 2017, 04:04:36 PM
 #76

Yes everyone can trust EtherDelta with is private keys. First time i'm don't use it i just hare about it. My online friend use EtherDelta and he told me that it is a very useful then i'm start for token sell with it . I'm sure because i'm already use it so we thing it is a best system to sell token.
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October 19, 2017, 04:06:27 PM
 #77

You can't trust anyone and anything then you mention private key. Nobody should know it. Otherwise it won't be only yours Wink Just make one more wallet for trading and import its private key.

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October 19, 2017, 04:10:11 PM
 #78

No problems on EtherDelta so far, but it might be a good idea to only keep a small amount of ETH in the wallet you are using on the exchange, just in case something happens.
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October 19, 2017, 04:12:57 PM
 #79

Never had issues on etherdelta although it is a bit confusing to setup. Dont think they have your private keys to begin with but rather they are open for you to see which if you dont protect correctly could get taken down. On

that note also change the gas intial settings from 8 to 16-22 because 8 is really slow and stuff gets stuck a lot you want to have smooth transactions. Other than that keep as minimal money on there as possible, for myself I

only keep roughly $25 dollars there when not using it.

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October 19, 2017, 04:13:07 PM
 #80

Hello,

I wanted to try etherdelta to trade my tokens.

Can i trust etherdelta with my Private keys ?

Well yeah

If i am not mistaken base on my understandings

Basically when you import the private key to ED, it is not moving the key into the ED side but more on the client site

What they do is basically moving coins from both party to an ED contract and then this is how the deals is made and coins return to the owner.

They don't access have access to your priv key IIRC
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