How to keep your funds secured?

[crossabdd]

if you wish to get profit at trading, why you not ready to get lost too?
i think no trading strategy with zero secure at trading, each exchange have same possible to get hacked, to run away, scam etc.
you must use real decentralization exchnage for secure trading

[bonker]

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?

Never store your cryptos in exchange,just move them if you don't have to intention to trade it near future even for weeks you need to withdraw and deposit.

If you are holding huge amount of funds then move it to hardware wallet or any offline wallet which has private key to access it.

[Wayan_Pedjeng]

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?

Why do you want to store your crypto in exchanges? If you don't want to install desktop wallets, there is always the option of storing your coins in online wallets. And please use wallets where you can access the private key, such as Blockchain.info. You can use Blockchain.com to store currencies such as Bitcoin, ETH, BCH and Stellar. And some of the alts and tokens can be stored in MEW wallets. If the amount is sufficiently large, then you can go for a hardware wallet, such as Ledger Blue or Trezor Model T.

[The Cryptovator]

No one can say exchange will not hack. Sorry for OP that you lost your fund. To be honest no system is safe. Howeve if you like to store small amount then install offline wallet like bitcoin core or electrum. If you want store big amount then it would be better to use hardware wallet like ledger nano. Web wallet a bit risky and it would be use for temporary transactions. You shouldn't trust on exchange or web wallet for long time storage of your coin. It might be hacked anytime.

[Serco]

No one can say exchange will not hack. Sorry for OP that you lost your fund. To be honest no system is safe. Howeve if you like to store small amount then install offline wallet like bitcoin core or electrum. If you want store big amount then it would be better to use hardware wallet like ledger nano. Web wallet a bit risky and it would be use for temporary transactions. You shouldn't trust on exchange or web wallet for long time storage of your coin. It might be hacked anytime.

each wallet has its own security level.and maybe if we want most secure wallet ,using hardware wallet could be the option.no matter if our asset value in small amount,who know someday its value will be huge amount.save our asset in exchanges really dangerous since many hacker attack it.

[3x2]

I use Yobit and Kucoin and both offers 2FA authentication which act as a master to withdraw my funds and even to log in to my account. Yobit even sends a code to email to which you have to click and it will match the exact IP with which you have requested the login. Quite impressive.

[illusioNiZt]

I don't think exchanges are the best place to keep your funds secured use wallets and keep your private key safe its more secure than keeping your funds in any online exchange turn on security settings if you are a active trader there are many reputed exchanges but I still recommend using wallet.

[armarsterling7]

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?

Currently there are many large and good exchanges. Currently I am using Binance, Bitfinex and Okex. These are huge exchanges and supporters always support me very quickly and accurately. I have never had any negative reviews about their team.
although transaction fees will be higher than smaller exchanges, it is more secure.

[Omega Weapon]

I used to trade in Indodax, it was quite safe I think, there was never heard of hacking in Indodax, it's just that I don't know whether people outside Indonesia can trade there or not
and don't forget to use google authenticator and 2fa sms for email

Letting your funds to sit in exchanges is the worst idea. You should take out your funds in that exchange and do a favor to yourself to buy a hardware wallet which is a physical wallet for cryptocurrencies that is more secure compare to the online exchanges and online wallets. It is worth every penny in exchange of the security that you will get.

Most people never learn their lesson unless that something directly happens to them, we can warn the users of the forum that using an exchange as your main wallet is a mistake but they will keep doing it and will only learn to not do it once a hacker steals their money but by that time it will be too late and they will lose money that it took them years to accumulate just because they refused to listen to our advice.

[Triffin]

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?

Never store your cryptos in exchange,just move them if you don't have to intention to trade it near future even for weeks you need to withdraw and deposit.

If you are holding huge amount of funds then move it to hardware wallet or any offline wallet which has private key to access it.

Mostly this happens with people. They think exchanges are the safest place for their coins. Though this is truth, but how can you ignore the fact that they are doing businesses as well. They aren’t here for your help or some charity thing. Definitely they have their own marginalized profit ranges and mechanisms to utilize your resources for their own benefits. So better to avoid them when saving coins are concentered.

[dominos]

use a hardware wallet, which can give you better security than an online wallet. and next choose an exchanger that has a good reputation in terms of security. because the most important security is the security of the exchanger where you trade.

I really waiting for that new Ledger Nano X because on Nano S there is not to much space for a cryptocurrency wallets, sad but true.

[Distinctin]

I don't think exchanges are the best place to keep your funds secured use wallets and keep your private key safe its more secure than keeping your funds in any online exchange turn on security settings if you are a active trader there are many reputed exchanges but I still recommend using wallet.

The word keep means it could be for long term, and I don't trust exchanges for that, even the reputable one.
Get yourself a hard wallet so your assets will be safe, you have to spend for that but the risk of losing your money is minimized.

[ufaiz50]

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?

There are some exchangers that offer strict security, such as binance, bittrex, houbi and several other large exchanger. I often use binance, binance is one of my favorite exchanges. There are some things that I often encounter regarding hacked wallets and most of them are wrong owners themselves, because they are careless in holding their privatkey.

[Ellen Adarna]

I believe the best way for us to keep our funds secured by finding a good or secure wallet that no one could ever hack and steal your funds. It will also be good if you split your funds in different secure wallets for you to keep all of your funds safe.

[iv4n]

I believe the best way for us to keep our funds secured by finding a good or secure wallet that no one could ever hack and steal your funds. It will also be good if you split your funds in different secure wallets for you to keep all of your funds safe.

There isn`t 100% safe thing, safe place, safe investment. You can always think some way to crack some passwords, to steal a paper where it`s written, bank can be robbed, country economy can collapse, your house can burn to the ground, and so on. Splitting your funds is not good, it`s the best option we have, never keep all of your eggs on one place, old saying, million times repeated on this forum.
It`s not too complicated to have more wallets, to be active on more than one exchange. Have wallets for holding, wallet for everyday use, never keep too much on any exchange, it`s the steps you can make to protect yourself, if shit happens on one place you still have others.

[Sled]

I don't think exchanges are the best place to keep your funds secured use wallets and keep your private key safe its more secure than keeping your funds in any online exchange turn on security settings if you are a active trader there are many reputed exchanges but I still recommend using wallet.

The word keep means it could be for long term, and I don't trust exchanges for that, even the reputable one.
Get yourself a hard wallet so your assets will be safe, you have to spend for that but the risk of losing your money is minimized.

It is quite to used hard wallets for the safe keep but it is not available in our area or it cost a lot when we buy it into the other place.
I don't want to spend for that much just for the security, in fact the security of our funds are just depending of how we handle our account and even it is store in any hard wallets.

[babysweetTiger0401]

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 bitcoins and you want to save it in the exchange, I think you must try Bittrex, Binance, Kucoin, Idax, and Coinbene these are the platform on which I think is safe so far and has a good market too in this industry. Though, all these platforms are requiring KYC to secure the account of their user clients.

[fndsr]

I recommend saving assets in the hardware wallet, but the question is whether you are trading daily or trading monthly, if daily you can use large markets such as binance, huobi, okex etc., but if you trade monthly, I recommend keeping the wallet hardware and  when you trade you can directly send to the market and when you profit send again to hardaware wallet, don't save too long in the market, if you are worried about your assets

[Insanity]

Keeping your funds to be secured in exchange you just need to enable the 2fa authenticator and having a strong password just don’t be stupid logging in and clicking so many stuffs that can easliy caused you by hacking

[Ailmand]

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?

Never ever leave your funds in any exchange platforms since it is not 100% secured. Enable 2fa authenticator, and create a mixture of alpha-numeric password. Hackers are attacking exchange since they can get a lot of money if thwy succeed. It is better if you will get your self a hardware wallet to secure your funds.