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Author Topic: How to keep your funds secured?  (Read 22636 times)
Ararbermas
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February 09, 2019, 02:22:18 AM
 #81

If you want a secured exchange then don't ever enter and put your capital in some site. Especially if the site is new and you have no specific information about it.  Must obtained information first to assure it's safe . ! And choose thus site that has a 2FA as well to protect your funds from hackers.
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February 09, 2019, 06:29:17 AM
 #82

If you want a secured exchange then don't ever enter and put your capital in some site. Especially if the site is new and you have no specific information about it.  Must obtained information first to assure it's safe . ! And choose thus site that has a 2FA as well to protect your funds from hackers.

It's better to not use the funds for anything than to keep and safe in secure wallets. There are many secure wallets we can use and even in our personal computer to save those funds. But we never have a chance to grow the funds because we decide to not use in anything and the money itself will not turn to bigger. Trading will be another way to increase the balance we have but of course, we need to select the recommend website and have a good reputable, so we don't have afraid for the bad things that might happen.

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February 09, 2019, 06:31:21 AM
 #83

If you want a secured exchange then don't ever enter and put your capital in some site. Especially if the site is new and you have no specific information about it.  Must obtained information first to assure it's safe . ! And choose thus site that has a 2FA as well to protect your funds from hackers.
it's true because 2FA security is very safe for me to protect my assets, because all this time I have used 2FA security, my wallet has never been hacked
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February 09, 2019, 06:36:57 AM
 #84

Research is the best way that you can use inorder for you to find a exchange that can ensure the safety of your funds. You said that you been experienced a worse scenario where your bitcoins are stolen by hackers,  you should be smart and be intelligent always for you not experience that situation again. There are only few exchanges that have high security like Binance, Bibox and Okex. You should choose careful!

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February 09, 2019, 08:32:56 AM
 #85

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?
Localbitcoins would be the last place where I would keep my coins knowing the fact that it recently got hacked and the fact that there are so many scammers in that playground.
If you have a big capital and trade with a small amount from your capital then what can do is, keep your capital in a trusted wallet(Mycelium, Exodus etc...).
Then transfer the amount you want to trade with in to an exchange that is more secured than the others(Binance) . This is the safest way not to loose all your capital and still trade on an exchange.

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February 09, 2019, 01:05:20 PM
 #86

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?
Exchanges not meant for storing it is only for exchanging your funds so if you are storing there means then it is your mistake.Wallets are the one we need to store our funds and the type of wallet will choose the security level and if you want maximum security then you should buy an hardware wallet.
Thats right, if you save in exchange then it's only for trade funds, not saving funds for the long term. You have to know that third
parties can scam anytime, so use a safe wallet like desktop wallet or hardware wallet to save your funds
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February 09, 2019, 03:36:23 PM
 #87

You can keep your fund in an exchange that accepts 2 factor authentication like- email verification, phone verification, google authentication etc. So that you & only you have the access to your wallet. You can use "Coinbase", "Bittrex" & any other exchane that has a good reputation & two factor authentication facility.
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February 09, 2019, 04:23:51 PM
 #88

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?
Localbitcoins would be the last place where I would keep my coins knowing the fact that it recently got hacked and the fact that there are so many scammers in that playground.
If you have a big capital and trade with a small amount from your capital then what can do is, keep your capital in a trusted wallet(Mycelium, Exodus etc...).
Then transfer the amount you want to trade with in to an exchange that is more secured than the others(Binance) . This is the safest way not to loose all your capital and still trade on an exchange.
what you mentioned is a wallet exchange, if you save the assets you have in the exchange it will not be able to provide security guarantees, it is better that you can store them in an offline or other wallet that you can store with yourself without connecting to any device such as ledger.
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February 09, 2019, 04:35:59 PM
 #89

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?
"Hack yet?". So you want to join an exchange that hasn't been hacked yet but has a possibility of being hacked? No exchange available is hack proof. No matter how much they "secured" they are, there are high chance that the exchange might get hacked. So use it on your own risk. And again, using an exchange as a form of wallet is always a bad idea.

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February 09, 2019, 06:02:54 PM
 #90

we have heard a lot about exchange hack these days. more will be hack in the future to come. the best option you have is to move your crypto into a wallet. whenever you want to trade, move it to an exchange and trade. remember to move your funds out immediately. you complete trading.
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February 09, 2019, 06:10:22 PM
 #91

If you are reading this text, then you probably cannot manage the funds in your btcBank account, since you do not have access to the phone number that you provided when filling out the registration form in btcBank.

If you have lost your phone or your SIM card has failed, remember that all mobile operators allow their users to recover a lost number.

For prepaid subscribers, when recovering a number, 2-3 phone numbers are usually asked for which the last calls or SMS were sent and / or the amount and the date of the last refill.

For contract subscribers, it is usually enough to come to the office with your passport.
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February 09, 2019, 06:22:12 PM
 #92

In the financial pyramid, the founders convince investors that they will make a profit. Bitcoin does not give such a guarantee. There is no central legal entity, only individuals who build the economy. In the financial pyramid, early participants can profit only from those who came after them. But Bitcoin has possible win-win outcomes. The first participants profit from the appreciation. Later members profit from stability and a widely recognized digital currency. The fact that the first participants are more profitable does not make a conclusion about the financial pyramid. Apple shares were not a financial pyramid, although the first investors got rich
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February 09, 2019, 10:18:02 PM
 #93

Research is the best way that you can use inorder for you to find a exchange that can ensure the safety of your funds. You said that you been experienced a worse scenario where your bitcoins are stolen by hackers,  you should be smart and be intelligent always for you not experience that situation again. There are only few exchanges that have high security like Binance, Bibox and Okex. You should choose careful!

Storing our funds in exchanges isn't safe for the assets we have, because that was prone for hackers to breach the security of it. Making your funds secured, the best options is to keep it in your personal wallet that has not been exposed to any decentralized exchanges. By the time you wanted it to be sold for a good profit, you're be sure to fully access the funds at 100% safe profit gains
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February 09, 2019, 10:39:47 PM
 #94

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?
Exchanges not meant for storing it is only for exchanging your funds so if you are storing there means then it is your mistake.Wallets are the one we need to store our funds and the type of wallet will choose the security level and if you want maximum security then you should buy an hardware wallet.
Stay in a dark place where you’re the one where it is and of course you should also make a notes on it so if ever something bad happen to you, someone will receive that money. Exchanges is not a good place for big money in the long run, it is not that secured so look for a hard wallet which is better.
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February 10, 2019, 01:33:19 AM
 #95

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?
my opinion for saving your funds in a wallet for exchanging will be advisable and the choice of choosing your world will be more security and it will be more trustable if you follow the simple basic things then your money will not be hacked by anyone and it will be prevented by only for having this type of simple steps.

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February 10, 2019, 08:09:05 AM
 #96

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?
Exchanges not meant for storing it is only for exchanging your funds so if you are storing there means then it is your mistake.Wallets are the one we need to store our funds and the type of wallet will choose the security level and if you want maximum security then you should buy an hardware wallet.
Stay in a dark place where you’re the one where it is and of course you should also make a notes on it so if ever something bad happen to you, someone will receive that money. Exchanges is not a good place for big money in the long run, it is not that secured so look for a hard wallet which is better.
Purpose of exchanger actually is for trading, to trade in short time after that cashout or withdraw our money into wallet. But people who actually make exchanger to be their wallet and save their money in there for a long time.

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February 10, 2019, 08:59:27 AM
 #97

Don't ever tend to make exchangers as your wallet or storage on your crypto. Just simply choose up wallets that you do have the full access or control of its private keys.
Exchangers can be hacked anytime and its better to be cautious than sorry.

In the financial pyramid, the founders convince investors that they will make a profit. Bitcoin does not give such a guarantee. There is no central legal entity, only individuals who build the economy. In the financial pyramid, early participants can profit only from those who came after them. But Bitcoin has possible win-win outcomes. The first participants profit from the appreciation. Later members profit from stability and a widely recognized digital currency. The fact that the first participants are more profitable does not make a conclusion about the financial pyramid. Apple shares were not a financial pyramid, although the first investors got rich
A sample of total shit post.  Cool

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February 10, 2019, 09:25:21 AM
 #98

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 use many exchanges but I never safe my asset in there, in out fast no compromise. Secure is relative but the way is always same, never share device/ network and don't use exchanges as place to safe asset. Try one exchanges and learn from them because good or bad is depend your personal opinion.

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Question123
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February 10, 2019, 02:57:51 PM
Last edit: February 10, 2019, 09:12:01 PM by Question123
 #99

Binance you can keep it but even that exchanges site is safe  is safe better to keep it to mobile wallet for more safety or more secured. Necause we don't know when the hackers attacks the exchanges site but we still know the binance is secured exchanges site but we can prevent losing incase that hackers attack so keep it to the wallet that you trust that you know your coins is secured and no one can access your account except to you.
BitcoinTurk
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February 10, 2019, 04:13:43 PM
 #100

I usually use cold wallets. Although not cheap, hardware wallets are definitely the best and safest way to keep our money. As for my buy-sell transactions, I don't have a trust shortage because I use the Binance Exchange because Binance was the only one in the market that can be trusted for the time being. In general, I'm careful not to use online or web wallets because I can't trust these wallets. That's why the hardware wallet is always on the wall.
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