Binance questions:

[clover12]

How do you reset the charts?  I have been playing with all the switches and everything but now I need to reset it all. To defaults. It's all messed up now.

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[OmegaStarScream]

You could right click using the mouse on the chart, and choose Reset chart or just ALT+R from the keyboard as shown:

[clover12]

Thanks Omega.

another question about Binance

What are some precautions we can take to keep our account safe in case of security loss?

I am thinking to make print outs of trade history occasionally and save that. In case of password loss.

[OmegaStarScream]

What are some precautions we can take to keep our account safe in case of security loss?

I am thinking to make print outs of trade history occasionally and save that. In case of password loss.

You should be able to recover your account using email and 2FA (The recovery key). So make sure to have full control over these. Authy allows you to take backups of your keys while Google authenticator doesn't I believe (at least, not easily).

If you're trying to protect yourself from hackers though, then my advice would be to not store your funds in exchanges as you never know what happens. If you don't control the private keys, you don't control the funds. Deposit, do the trade and withdraw.

[harizen]

What are some precautions we can take to keep our account safe in case of security loss?

Account safety means storing all your account's important credentials in a "safe" place by any means. Be it on email, notepads, flash drive etc. You are the only who can access it and no one else unless you trust someone. The safety of our account at any exchanges or platform depends on how you handle it.

About the sudden security breach on the exchange itself, then you have no choice but to accept the scenario. In this case, you just have to hope for the best that the exchange will come back and your funds are safe. That's how risky using any exchanges even the reputable ones. That's why to minimize the risks, just only do your trading activity at those reputable ones. It's not that you can't try other exchanges but until you don't understand anything refrain from using new exchanges.

[encycrypto]

Authy allows you to take backups of your keys while Google authenticator doesn't I believe (at least, not easily).

When you're setting up the Google Authenticator, a backup key is provided to you at that time. If that key is stored/backed up safely, that's the best backup you could get. Is this the backup you're referring to?

[leowonderful]

Also make sure when you're storing backups and private keys to make multiple copies and store them in different places in case things go wrong. Not exactly the best situation when you're trying to recover an account or 2FA backup key and you find the backup's unreadable due to damage or you've simply forgot where you hid it.

As for Google Authenticator, the app's easy to use but it doesn't seem like you can easily backup the codes as Google doesn't let you generate a recovery code easily because they think there's a security risk if a recovery code is shown or something like that. Did some Googling and it seems according to this thread on Stackforums (link here) it's possible to generate recovery codes for GA (albeit with a bit of work as OmegaStarScream mentioned), but you should definitely be using another 2FA application that allows you to generate backup keys more easily. There's also no easy way to migrate from Google Auth to Authy or any other 2FA device either, so if you currently use Google Auth you will need to manually add on the 2FA codes you had earlier to Authy.

[wayancrypto]

In trading we should be first learn about technical analysis to know the level of support and resistance, but its not enough only learn about it, others more important thing is to learn about risk management, how to cut the loss immediately from wrong trade, so we should be use stop loss for each trade.

[joniboini]

When you're setting up the Google Authenticator, a backup key is provided to you at that time. If that key is stored/backed up safely, that's the best backup you could get. Is this the backup you're referring to?

I think so. A backup is essentially your authenticator key, just like your wallet seed. But some exchanges/devices that use 2FA provide you with additional recovery code that you can use if you lost your authenticator key backup (so essentially there are 2 backups). Treat it with caution though.

What are some precautions we can take to keep our account safe in case of security loss?

I am thinking to make print outs of trade history occasionally and save that. In case of password loss.

Additionally, you should withdraw your funds asap if you're not using it for trading, to prevent loss from a hack or something similar.

[clover12]

More Binance Question

In Advanced view, near the middle of the screen there is a big black box with a selection box for Decimals, to the left of that there are 3 choices

What are those 3 choices?

[clover12]

Another

When I set Bollinger bands, sometimes they are blue color and sometimes they are yellow

Why?

[clover12]

Another question

In Advanced view, in the area for setting either a Buy or Sell Limit, in the Price fields

How does Binance select the price, since it is constantly fighting up or down?

And also do you often switch the price to the lowest Last Price shown before entering your order? Or do you just roll with what Binance puts in the Price field?

[clover12]

When using Binance with my iPhone5 and iPad Air, the boxes where you can Buy or Sell are not able to show up. Anybody else have this issue??

[BitBustah]

You shouldn't be leaving any significant amounts of crypto on Binance anyways, a lot of people will say that it is super trusted but it doesn't matter.  Not your keys not your coins.  If you have to trade only do small amounts at a time to hedge your risk.

[clover12]

You shouldn't be leaving any significant amounts of crypto on Binance anyways, a lot of people will say that it is super trusted but it doesn't matter.  Not your keys not your coins.  If you have to trade only do small amounts at a time to hedge your risk.

What dollar amount do you think is small???

$300USD worth ??
$3,000 USD worth ?

obviously $30,000 is not "small amount" by any stretch..

[elda34b]

When using Binance with my iPhone5 and iPad Air, the boxes where you can Buy or Sell are not able to show up. Anybody else have this issue??

Did you access it via Binance apps, or via a web browser? If it's the latter, then it's possible your browser stuck in loading. I'd suggest you to use Binance apps if you want to trade on your phone. It's quicker and easier compared to accessing it via a web browser.

[Tamilson]

You shouldn't be leaving any significant amounts of crypto on Binance anyways, a lot of people will say that it is super trusted but it doesn't matter.  Not your keys not your coins.  If you have to trade only do small amounts at a time to hedge your risk.

What dollar amount do you think is small???

$300USD worth ??
$3,000 USD worth ?

obviously $30,000 is not "small amount" by any stretch..

Definitely if you can afford to lose those amount then amount won't be matter. Store it at your own risk.

When using Binance with my iPhone5 and iPad Air, the boxes where you can Buy or Sell are not able to show up. Anybody else have this issue??

Happened that before even I reload it, I just use android phone instead. Sometimes iphones are a bit laggy ( maybe because of the OS ) even you have a good internet. I suggest use other phone when you're using mobile.

[Maksim1995]

You shouldn't be leaving any significant amounts of crypto on Binance anyways, a lot of people will say that it is super trusted but it doesn't matter.  Not your keys not your coins.  If you have to trade only do small amounts at a time to hedge your risk.

What dollar amount do you think is small???

$300USD worth ??
$3,000 USD worth ?

obviously $30,000 is not "small amount" by any stretch..

For someone and 300 dollars is a big amount.

[rose9696]

Thanks Omega.

another question about Binance

What are some precautions we can take to keep our account safe in case of security loss?

I am thinking to make print outs of trade history occasionally and save that. In case of password loss.

I used to use the Binance platform and other small exchanges and the common problem is hackers. They are so good that they can enter Binance's best security system to manipulate the price of some altcoins.
So my advice is that you should set up all security terms such as 2FA, phone number, email, ... don't miss anything.
In addition, trading platforms are difficult to believe because it often occurs system errors when too many orders need to be processed. So the best way is to keep many of your coins in MEW wallet, in addition to Ledger Nano S, you will have absolute safety.

[leowonderful]

Any exchange can potentially be hacked or its funds compromised; you do not control the private keys of an exchange account, so you do not really have control over the coins you have on an exchange. I would suggest to only keep as much as you are actively trading on an exchange, and deposit however much you need as necessary for best security.

Also make sure you're going to the right Binance site. Many scamming/phishing sites now have SSL certificates, and you should always read the URL of any site you're logging into to ensure you're not getting phished. Binance has this sort of warning on login now IIRC but most people get hacked and their accounts compromised through phishing.