How to keep your funds secured?

[bitcoinisbest]

I always keep my funds fully secured because i can't keep my funds in any exchanges like fork delta, etherdelta.com and other decentralized exchange. But some centralized exchanges binance, kucoin, and houbi also can you keep in those.

If some one is a daily trader and require funds then using multiple secured exchanges is recommended . Also for people who are long term holders and do not require it daily then better to store if offline so that you do not have to worry about the stolen or theft that might happen .

[Ethan Craft]

Im quite new to crypto so i wanted to know what exchanges do you use and i'd be grateful for advises on security. I currently keep my crypto on localbitcoins but it recently got hacked to im concerned for my money. I want to move it somewhere safe but still be able to make trades without much fuss. Im still learning to trade but im pretty serious about it. Can you recommend me a good exchange that hasn't been hacked yet?

After these hacks I had read multiple things on google and researched a lot. Do not keep your funds in any exchange. There are two reason:
1. your funds are not safe.
2. your KYC documents are sold after hack.

If you want to play a safe game use non-cutodial exchange which do not require KYC example: CoinSwitch also more importantly use safe wallets(Like trezor)  and save your private key safely. Do not share your private key at any cost.

[VazgenKokosik]

Use an offline wallet like Nano Ledger S to keep your crypto assets safe. Although expensive but its worth buying specially if you have lot of coins at your disposal

How exactly does this work? When you want to sign a transaction you connect this thing to your pc, then press the button on the device and then what happens?

[apityeh71]

All centralized crypto exchange has possibility to get hack,  and we dont know which exchange will never get hacked. So if you want to do trading, choose exchange  that has program that give more security for our fund.  Currently only Binance that has SAFU program that offer protection for fund of user incase any hack or similar case.

[TelolettOm]

Use an offline wallet like Nano Ledger S to keep your crypto assets safe. Although expensive but its worth buying specially if you have lot of coins at your disposal

How exactly does this work? When you want to sign a transaction you connect this thing to your pc, then press the button on the device and then what happens?

Yes, this work method is indeed quite good, where our token and coin assets will be safe. You can buy the swallow where the security of your assets will be maintained. I use it myself

[chikading2016]

Use an offline wallet like Nano Ledger S to keep your crypto assets safe. Although expensive but its worth buying specially if you have lot of coins at your disposal

How exactly does this work? When you want to sign a transaction you connect this thing to your pc, then press the button on the device and then what happens?

Yes, this work method is indeed quite good, where our token and coin assets will be safe. You can buy the swallow where the security of your assets will be maintained. I use it myself

I agree on that I believe that using an offline wallet is really amazing. It can really make our funds secure because hacker and scammer at always waiting for a great opportunity to have a victim. I believe that offline wallet is not traceable by the hacker and maybe it is also more secure and safer than storing it online.

[NavI_027]

I also like that to secure my funds or assets in binance especially, because the exchange there is very good and fast and safe from the word loss

No offense but that was a risky move of yours. Exchanges are not intended to use for coin storage, digital wallet or cold storage does. Yeah! There's no doubt that binance is a secured and trustworthy exchange but we can't still conclude that it will not be prone to cyber attacks anymore. Like on the famous line in Who am I — there's no system is safe — so keep playing safe everyone.

[VazgenKokosik]

What hardware wallet would you recommend then? Trezor, Ledger?

[jems]

The safest way to save your funds is in an offline wallet, but if you are a merchant, it seems that I would suggest binance. Apart from having good security, binance is also a convenient place to trade because it has a large trading volume and provides many types of altcoins.

[Cofee.BLUE]

I always keep my funds fully secured because i can't keep my funds in any exchanges like fork delta, etherdelta.com and other decentralized exchange. But some centralized exchanges binance, kucoin, and houbi also can you keep in those.

If some one is a daily trader and require funds then using multiple secured exchanges is recommended . Also for people who are long term holders and do not require it daily then better to store if offline so that you do not have to worry about the stolen or theft that might happen .

This is what am i doing with my coins, I often use various exchanges to avoid getting hacked or lose funds. Even for my bitcoin i have bits stocked on many exchanges in case any on my exchanges fails to secure it then i have my fall back but i guess the disadvantage of using that kind of strategy is that you are paying much more fees than it should be.

[$anounimus$]

Some ways and steps have been done by several people, but if you know that there are still many exchanges that are conceded and hit by hacker attacks that make the exchange place a loss, these thieves try harder than you do with the assets you have.

[Gidday]

Safest is to keep funds offline. Funny thing is most of mine are online , cuz I trade a lot. So that depends, if you need quick access to your btc/altcoins, exchanges might be faster and generally safe.

[bitcoin31]

The only way for you to secure your funds is to divided it and spread to different exchanges site incase the exchanges site who are hacked you still have others and that is really helpful for sure it's risky to secure all your funds in one exchanges site because not only the hacker you need to avoid also the possibility the exchanges site close.

[BlackFor3st]

Im quite new to crypto so i wanted to know what exchanges do you use and i'd be grateful for advises on security. I currently keep my crypto on localbitcoins but it recently got hacked to im concerned for my money. I want to move it somewhere safe but still be able to make trades without much fuss. Im still learning to trade but im pretty serious about it. Can you recommend me a good exchange that hasn't been hacked yet?

If you just want to store your funds then why are you putting them into exchanges? Why don't you try Ledger wallets, or any paper wallets? Even a simple blockchain wallet can keep our bitcoins safe actually but you can use cold storages, hardware wallets and much more if you are planning to store them for a large interval and are much concerned about their safety.

[naruto7676]

If you have some altcoins or coins that provided in Erc20 use MEW wallet for secure wallet and easy to use. For sure it will secretly it will be on your own because it can't possible access by anyone.

[yulchatar]

I also keep my cryptocurrency in different places, including exchanges. But these are small amounts. The main part is still stored on the Ledger hardware wallet. I bought it immediately, as soon as I started to get more or less good profit. And I think that it is worth its money and you should not spare funds for such things.

[bitbunnny]

The only way for you to secure your funds is to divided it and spread to different exchanges site incase the exchanges site who are hacked you still have others and that is really helpful for sure it's risky to secure all your funds in one exchanges site because not only the hacker you need to avoid also the possibility the exchanges site close.

I wouldn't recommend keeping coins on exchange at all, except the amount that you want to trade. Exchanges are not wallets and definetely are not secure enough and very volatile because of being constant target for hackers.
If you want to secure your funds it's much better option to keep them in different wallets where you can control private keys and adjust security features. Of course there is no 100% security anywhere but you have to know that you are responsible for your funds on your own and you have to use all available tools and options that could help you with that.

[Babyrica0226]

Im quite new to crypto so i wanted to know what exchanges do you use and i'd be grateful for advises on security. I currently keep my crypto on localbitcoins but it recently got hacked to im concerned for my money. I want to move it somewhere safe but still be able to make trades without much fuss. Im still learning to trade but im pretty serious about it. Can you recommend me a good exchange that hasn't been hacked yet?

If you are keeping your crypto, I recommend you to use Mew, Ledger nano, or trezor. Using exchange its too risky, don't you know that mate?
Never repeat what you already did before, its some kind that you yourself is the one who killing your own capital investment.

[hahay]

Im quite new to crypto so i wanted to know what exchanges do you use and i'd be grateful for advises on security. I currently keep my crypto on localbitcoins but it recently got hacked to im concerned for my money. I want to move it somewhere safe but still be able to make trades without much fuss. Im still learning to trade but im pretty serious about it. Can you recommend me a good exchange that hasn't been hacked yet?

I think every exchange has a big risk with hacking, so if you want to secure your crypto but still want to be able to trade, then it will be difficult in my opinion because if you choose that way you should still use exchanges and even a famous exchange will also have issue, which means that not all exchanges are clean of a problem.

[rizkyhiw]

Im quite new to crypto so i wanted to know what exchanges do you use and i'd be grateful for advises on security. I currently keep my crypto on localbitcoins but it recently got hacked to im concerned for my money. I want to move it somewhere safe but still be able to make trades without much fuss. Im still learning to trade but im pretty serious about it. Can you recommend me a good exchange that hasn't been hacked yet?

yes it is very dangerous for you who do not have a very good security system, which can recommend storing it in a big and well-known wallet especially from security itself how you store it very carefully, if you want to keep it in the exchange that I recommend is keep it in guaranteed exchanges and the biggest to prevent everything at high volume such as binance, it is very good to exchange or trade, I do not recommend saving it to a new exchange site and not currently listed, money is very sensitive so be careful in storing it.