Stanlo (OP)
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February 18, 2019, 03:49:26 PM |
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Im never good at trading ,always lose money but how about those who lose money due to exchange been hacked? Well thanks to new exchanges that only support p2p ,no profiles ,no emails ,no passwords, they are the safest out there ,this is why I'm so hooked with changelly since 2016 ,so use this kind of exchanges and you are safe from hacks and phishing who is with me? Other exchanges that are like changelly are ethershift and tokenmom ,there might be others too
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a4illusionist
Jr. Member
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Activity: 365
Merit: 1
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February 18, 2019, 04:09:23 PM |
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Well i am also not using any exchange at the moment. And the reason is the price. The market is down and with this bearish market, there are more chances of loss then profits. So my take is that do trading when the market is going bullish.
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cryptjh
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February 18, 2019, 04:37:01 PM |
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I still use some exchanges, but my trade volume are down if compared to 2017. I'm not really afraid of having a few procent of my overall crypto currency portfolie on an exchange. I'm not a good trader either, so most of my portfolie are just bitcoins I will hold the next many years on my ledger.
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Bitvinu12
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Activity: 224
Merit: 2
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February 18, 2019, 05:05:18 PM |
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Iam not use exchanges for tradings. Because iam holding my valuble coins for longterms using nano ledger hardware wallet. Exchange using only converting for my coins. If you want to use exchange for short-term trading. I can use 2FA for high security purpose. Ex: google Athonicator and etc.
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jerrison
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February 18, 2019, 05:07:26 PM |
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i for one have stopped using loads of exchangers for a long time now as it has been less of the expected performance compared to the standard of performance of exchangers. it is better and manageable when it is a centralised exchanger compared to when it becomes a decentralised exchanger as most of the DEX do not have security features.
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amaterazu
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February 18, 2019, 05:09:26 PM |
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Using a lot of exchanges, in my opinion, is better. Because each exchange market has prices that are different from other exchanges. But if you focus on lots of exchanges, of course, you have to be careful. And you have to be able to save your coins well so they don't disappear.
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bttmember
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AMEPAY
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February 18, 2019, 05:10:24 PM |
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A lot of p2p exchanges are coming up one of the underrated exchange that supports local exchange also in local fiat currency is localcoinswap and i think it has a long way to go and you are right about traditional centralized exchanges that pose a serious threat if we hold our portfolio in their wallet.
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tranthiky
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February 18, 2019, 05:14:18 PM |
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Although it is safe, it is not much concerned. It is too few traders and prices are always standing still. It is not suitable for traders with large amounts of money. The exchange platform attacked by hackers is a part of life. We can only wait for the police to solve those problems.
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n0ne
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February 18, 2019, 05:44:24 PM |
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Exchanges always intend to give the best support to the userbase. In between due to some sort of technical breach, issues arise and the same leads to massive loss of funds. Rather than using funds with exchanges on centralized platform it is always good to use them only by the time of trading and take it back to the wallet with the private key in our hands for better security.
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BTCGOLD
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Betking.io - Best Bitcoin Casino
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February 18, 2019, 05:48:55 PM |
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Im never good at trading ,always lose money but how about those who lose money due to exchange been hacked? Well thanks to new exchanges that only support p2p ,no profiles ,no emails ,no passwords, they are the safest out there ,this is why I'm so hooked with changelly since 2016 ,so use this kind of exchanges and you are safe from hacks and phishing who is with me? Other exchanges that are like changelly are ethershift and tokenmom ,there might be others too
Unfortunately, but centralized exchanges are very dangerous, no matter how many people trade on them. For this reason for a long time already I have started trading mainly on decentralized exchanges, now I spend the most time on IDEX.
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enhu
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February 18, 2019, 05:56:36 PM |
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The reason behind we use binance and the centralized exchanges is because of the volume it offers, of course we can use the forkdelta and all other that doesn't require registration but then you can't just do what you can do with exchanges that has huge volume. What I can probably just do in forkdelta is dump a token that isn't listed anywhere, buy cheap tokens on it and then move out and back to Chinese exchanges.
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Fredomago
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Leading Crypto Sports Betting & Casino Platform
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February 18, 2019, 06:15:11 PM |
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With your point about hacking activity its really hard to trust centralized exchange nowadays as they really prone to attacks, we just need to be more active reviewing each website/exchange that we are going to entrust our money, and if possible after your activity from that particular exchange withdraw your funds right away and keep it inside your wallets, just use the service and pay the fee then keep your assets safe inside your own wallets.
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2chase
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February 18, 2019, 06:29:07 PM |
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I fully support you, colleague, decentralized exchanges - this is the best thing that could happen to the world of cryptocurrencies in the past two or three years. I also prefer to use them whenever possible. The most convenient in this respect is the IDEX, although it is not completely decentralized, but a hybrid option.
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desticy
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www.cd3d.app
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February 18, 2019, 06:30:24 PM |
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It is surprising to observe how the exchanges that were previously quite popular, for example hotbit, turn into garbage on which it becomes difficult to sell some coins. I faced enormous difficulties for the last time, and I will never use this exchange again.
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s4mp1nt0
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February 18, 2019, 06:34:56 PM |
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I also don't use a lot of exchange. some of not so famous exchange got hacked and just disappeared or just having a very low volumes. Some are just collecting your data and turned to be a scam exchange. I just stick with some exchange and wait for my token to be listed there.
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BADBITCH
Jr. Member
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Activity: 532
Merit: 6
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February 18, 2019, 06:36:05 PM |
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Im never good at trading ,always lose money but how about those who lose money due to exchange been hacked? Well thanks to new exchanges that only support p2p ,no profiles ,no emails ,no passwords, they are the safest out there ,this is why I'm so hooked with changelly since 2016 ,so use this kind of exchanges and you are safe from hacks and phishing who is with me? Other exchanges that are like changelly are ethershift and tokenmom ,there might be others too
If you use only few exchanges then it means you have little alternate coins I do not mean etherum ripple or stellar I mean upcoming altcoins such as iagon or hyperbridge Which would make you use other exchanges
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mrdeposit
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February 18, 2019, 06:51:26 PM |
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Decentralized exchanges are good at not knowing personal information, but it is difficult to encounter decentralized exchanges that work normally today. Why do not we use them if they are secure and reliable? If you look at the new ICOs, you will see that the majority is about exchange, but which of them is decentralized?
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Strotman
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Bounty Detective
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February 18, 2019, 06:52:34 PM |
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If the hackers will be the task to crack some particular exchange or get private keys of a certain person, they will perform it, so do not overestimate and underestimate anything in this world.
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altscaner
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Merit: 11
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February 18, 2019, 07:06:38 PM |
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for markets that use P2P I only use changer but I use it to exchange digital currency not from crypto to be exchanged for crypto currencies such as perfect money, but for Crypto P2P trading is a less appropriate place
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Meryn
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February 18, 2019, 07:09:09 PM |
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I am sure they will take good care of our assets. They also don't want the good name of their exchange to be polluted. If their exchange is hacked, they will definitely fix it as soon as possible. Like Cryptopia. I am sure our assets are still safe.
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