daplun (OP)
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October 02, 2017, 03:48:30 AM |
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hi the masters in bitcointalk
most every altcoin works with ETH wallet, and we get the coin through our ETH address. if we sell the coin in Etherdelta market. in etherdelta we are told to import our ETH address and Privat key from our ETH address.
The question of whether the coin coin at our own ETH address will be safe, because directly the privatkey of our ETH address is already on the Etherdelta site?
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
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Blake_Last
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October 03, 2017, 05:38:32 AM |
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If you hold the private key of your EtherDelta account, then yes, it's safe. However, I do not suggest leaving your tokens on any exchanges because there are instances where some people reported losing their coins when they have left it on an exchange site. It's best to just store your tokens on your ETH wallet, e.g. MEW, and just move or transfer it to EtherDelta when you need to trade it.
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ybsok
Newbie
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Activity: 56
Merit: 0
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October 03, 2017, 08:07:56 AM |
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I don't think it's perfect secure, because your information is still on the exchange
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vlast01
Full Member
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Activity: 364
Merit: 105
Dolphins Finance TRUSTED FINANCE
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October 03, 2017, 12:30:25 PM |
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hi the masters in bitcointalk
most every altcoin works with ETH wallet, and we get the coin through our ETH address. if we sell the coin in Etherdelta market. in etherdelta we are told to import our ETH address and Privat key from our ETH address.
The question of whether the coin coin at our own ETH address will be safe, because directly the privatkey of our ETH address is already on the Etherdelta site?
Yes it is safe as long as you have your private key in safe, and etherdelta would keep your private information in safe and if there's any problem report it emmediately for immediate sulotion. And check your coins regularly.
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Caesar-Giulius
Sr. Member
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Activity: 728
Merit: 250
Buy, sell and store real cryptocurrencies
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October 03, 2017, 04:35:30 PM |
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To be safe, it is better to create a brand new wallet and send the coin you want to trade to the wallet.
Another way is to use Ledger wallet with Etherdelta, private key will not be known in the browser.
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tukagero
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November 17, 2017, 11:52:57 AM |
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I dont trust etherdelta at all cause i lost some of my coins when i tried to trade there. and its not even a user friendly site, im having hard time to trade on that site.
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babykika2027
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November 17, 2017, 12:31:05 PM |
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I think it's safe, if you keep your private key, if you want more secure you can use metamask, do not use on various devices otherwise you can be hacked. and be careful it is now a lot of pishing links to get into etherdelta, such as via email, etherdelta never send any email, so do not ever click any links from sources that are not trusted
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Ratash
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November 17, 2017, 02:57:02 PM |
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yes its safe i use it for a long time but you just have to disconnect by removing the private key once you use other than your computer
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h0lybyte
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November 17, 2017, 03:21:12 PM |
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Well, some members do mistakenly share or get traced their sensitive data which they have save in their notepads. They even don't have clues how their private keys gets shared. Etherdelta is a largest exchange, they never access client's wallets. You should never save private keys in notepad. Etherdelta is safe as far as you don't share your keys elsewhere
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sweerty1
Sr. Member
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Activity: 453
Merit: 251
Presale Starting May 1st
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November 17, 2017, 06:02:17 PM |
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Etherdelta is pretty much safe website that you can trust to use. But for security I wouldn't suggest you to put private key there. It is better to open brand new account and operate over it.
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tdeannova
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November 19, 2017, 07:47:23 AM |
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hi the masters in bitcointalk
most every altcoin works with ETH wallet, and we get the coin through our ETH address. if we sell the coin in Etherdelta market. in etherdelta we are told to import our ETH address and Privat key from our ETH address.
The question of whether the coin coin at our own ETH address will be safe, because directly the privatkey of our ETH address is already on the Etherdelta site?
I'm sure it's safe, because I often leave my alt in eth accounts that I've import into etherdelta, but for a large amount of assets, I keep them in different eth accounts, because we do not know what's going to happen in the future.
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yndye
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November 19, 2017, 10:30:27 AM |
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I'm sure it's safe, because I often leave my alt in eth accounts that I've import into etherdelta, but for a large amount of assets, I keep them in different eth accounts, because we do not know what's going to happen in the future.
Better do it that way because we never know for sure what will happen if our coins are in etherdelta and because the private key is already provided then maybe there is a small possibility that someone would be able to access it. As what they say, we should not put all our eggs in one basket so it is applicable in the coins as well. Maybe you hold many tokens in your wallet so you better separate others in another wallet and then if possible if you don't trade it in etherdelta then you just withdraw your tokens and store it in your wallet.
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dadandandadan
Member
Offline
Activity: 86
Merit: 10
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November 19, 2017, 02:18:36 PM |
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hi the masters in bitcointalk
most every altcoin works with ETH wallet, and we get the coin through our ETH address. if we sell the coin in Etherdelta market. in etherdelta we are told to import our ETH address and Privat key from our ETH address.
The question of whether the coin coin at our own ETH address will be safe, because directly the privatkey of our ETH address is already on the Etherdelta site?
Etherdelta is safe thats why there are plenty users who are using it... and also ti assure your tokens are safe at etherdelta just maje sure that you keep your private key safe Becarefull because most of complains about etherdelta are cause by pishing site, better double check your url before logging in your private key
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QFT
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November 19, 2017, 04:36:00 PM |
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I'm using it without any issues. But when my tokens are getting more valuable I usually start dealing with smaller amounts or separate wallets.
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Tamilson
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November 20, 2017, 09:18:18 AM |
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Etherdelta is pretty much safe website that you can trust to use. But for security I wouldn't suggest you to put private key there. It is better to open brand new account and operate over it.
Yeah this thing will do especially if you have a lot of coins. Just make a new wallet then transfer your coin that you'll use for trading or if you don't wanna make a new one, just click the forget account in the upper right corner after you're done trading. Etherdelta is safe because it's a decentralized one but we should be better more cautious in securing our coins. After all it's better be safe than sorry.
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Happy Coding Life
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dustboy
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November 20, 2017, 11:49:03 AM |
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I dont trust etherdelta at all cause i lost some of my coins when i tried to trade there. and its not even a user friendly site, im having hard time to trade on that site.
How could you lose some of your coins while trading at etherdelta? Mind to share it in more details? I'm using them but never lost any coins so far, and I hope I wont lose anything in the future. So far, etherdelta is trusted and maybe it is the most used site by bounty hunters where they are going to sell their coins. You need to try using opera browser, I have no issues while accessing or placing trades at etherdelta using opera browser.
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omorfi
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November 20, 2017, 01:54:02 PM |
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It is decentralized that makes It very safe i think. By the way you need to keep your private keys safe. And do not hold your coins in etherdelta transfer it from mew to etherdelta when you want to trade.
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tanghere02
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November 20, 2017, 04:30:32 PM |
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Actually it is safe in Etherdelta most especially if you hold your private keys and only you know your private keys as well then no one will be able to access the coins stored in the site. I have a couple of coins stored in there and kept them for a couple of months already, though I check it from time to time because of these negative feedbacks I read sometimes but luckily they are all there and so I trust Etherdelta.
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blackhawkeye1912
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November 20, 2017, 06:28:22 PM |
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If you hold the private key of your EtherDelta account, then yes, it's safe. However, I do not suggest leaving your tokens on any exchanges because there are instances where some people reported losing their coins when they have left it on an exchange site. It's best to just store your tokens on your ETH wallet, e.g. MEW, and just move or transfer it to EtherDelta when you need to trade it.
This one is right, storing your altcoin in myetherwallet is the safest things wallet you can do for now. It is proven and tested already who testified by many of the community here in this industry.
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Hamphser
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November 20, 2017, 07:13:21 PM |
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hi the masters in bitcointalk
most every altcoin works with ETH wallet, and we get the coin through our ETH address. if we sell the coin in Etherdelta market. in etherdelta we are told to import our ETH address and Privat key from our ETH address.
The question of whether the coin coin at our own ETH address will be safe, because directly the privatkey of our ETH address is already on the Etherdelta site?
Etherdelta is a decentralized exchange which means they dont have the information that you have putted on the site.Even you input your privatekeys on there it is guaranteed safe as long you are the ones who are using that browser on that time.This is the goodness of using decentralized exchange which you can directly import your mew account details and trade up directly on the coin you do like to trade.The thing here is that when you are still a newbie you would really be confused on how this exchange works specially on selling and buying stuff on here.
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