dimonarka
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February 21, 2019, 06:21:09 AM |
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I do not like that on many exchanges artificial growth of a certain currency is created. And when I go to the normal and proven exchanges, the price there is much lower.
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kramchers
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February 21, 2019, 06:57:09 AM |
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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.
Will the google authenticator will matter if the main exchange has been hack? I always have them on my security features which really add more guard on our account. But what if the platform the one has been hacked? like CRYPTOPIA!
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Fabienne_ayy
Newbie
Offline
Activity: 117
Merit: 0
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February 21, 2019, 07:05:11 AM |
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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
the fact that your account was hacked once doesn't mean that all exchanges are not appropriate for usage. Just compare every echnage, choose that one which suits you
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elzjmirra
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February 21, 2019, 07:13:10 AM |
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Fraudsters are very easy to commit fraud and steal our coins. Many websites are almost the same and they offer promising things so people are easily attracted. I personally use several exchanges and I use Google Authenticator and this is very safe. And you also need to be able to keep your password lock so other people don't know it.
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jhongzjhong
Full Member
Offline
Activity: 798
Merit: 109
https://bmy.guide
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February 21, 2019, 07:26:21 AM |
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Fraudsters are very easy to commit fraud and steal our coins. Many websites are almost the same and they offer promising things so people are easily attracted. I personally use several exchanges and I use Google Authenticator and this is very safe. And you also need to be able to keep your password lock so other people don't know it.
That is not the reason for keeping your fund safe on an exchange, even how many security level stage you've put but once exchange got hacked itself your money is totally lost. Once you've deposited your crypto asset on exchange and you're not holding the private key on address wallet, your bitcoin now does not belong to you. So, in this case, we must choose a better and reputable exchange, where we can trust to store our funds.
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KingDome
Jr. Member
Offline
Activity: 434
Merit: 1
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February 21, 2019, 07:28:44 AM |
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Thatsw why you should not putting all your funds into an exchange because there are so many risks involved.
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Robotbitcoin22
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February 21, 2019, 07:40:46 AM |
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now indeed we ourselves must be careful in storing our assets in an exchange. there are so many exchanges that are problematic at the moment and are very detrimental to us
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Natalim
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February 21, 2019, 07:51:34 AM |
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now indeed we ourselves must be careful in storing our assets in an exchange. there are so many exchanges that are problematic at the moment and are very detrimental to us
Storing assets in exchange is not even advisable, I would not do that because I know the risk. Put it in a hard wallet and you will sleep calmly, even big exchange now are also vulnerable, and it's not advisable also to trade only in one exchange with a huge amount of money, always consider the risk before trading, it's our hard earned money and we can't allow to loss it that easily.
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leslie4u
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February 21, 2019, 08:02:55 AM |
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Well, 2019 should be a year for decentralized exchanges. Centralized exchanges were being hacked and still continue to be hacked. What I fail to understand is how come the exchanges never learn from the past and why is their security so weak.
Never ever leave coins/tokens on exchanges under any circumstances unless you are a day trader.
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Anatolich
Member
Offline
Activity: 574
Merit: 10
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February 21, 2019, 08:07:25 AM |
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Being a trader means there will always be coins on the exchanges, it turns out that no one is protected. Wallets can be used cold, and only when dealing with when to use them.
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WalkerIVIV
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February 21, 2019, 09:38:46 AM |
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There are many exchanges will the underlined features. What i consider most in exchange is the charges. I traded in one exchange and i was charged above 0.1.
What you have meant by 0.10? Is that BTC or ETH or 0.10%? If you have meant 0.10%, I think it's okay to charge that amount and it's not a big one. I guess he means about the percentage of the total amount. Just like when you are withdrawing more than $100 and you will get more than 0.1% from your total amount to be paid as the transaction fees. Some exchange sites may charge even more than it
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conected
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February 21, 2019, 12:00:04 PM |
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now indeed we ourselves must be careful in storing our assets in an exchange. there are so many exchanges that are problematic at the moment and are very detrimental to us
Storing assets in exchange is not even advisable, I would not do that because I know the risk. Put it in a hard wallet and you will sleep calmly, even big exchange now are also vulnerable, and it's not advisable also to trade only in one exchange with a huge amount of money, always consider the risk before trading, it's our hard earned money and we can't allow to loss it that easily. - Everyone knows storing assets on exchange is risky, they also know that the best storage is in hard wallets but they can not concentrate all their assets on hard wallets, it is too inconvenient and inappropriate for their work, they need to focus their assets in exchange to catch up and make money from the fluctuations of market. And they always limit their risk to the lowest level when they follow what you say, they always divide their assets at different exchanges, but certainly those exchanges are very reliable, they will not choose new and unreliable exchanges
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macdevil007
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February 21, 2019, 12:06:33 PM |
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You are mentioning Decentralized Exchange thats the advantage in trading that you still holding your assets rather than Centralized Exchange which holding them for you. Yes! no one is safer and more secured if you never share any of your personal information over the net. A lot of exchange now are more user friendly but be sure you signing-up on the real domain or real url.
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Google+
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February 21, 2019, 02:57:31 PM |
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Right now we have to be careful in choosing exchanges because so many exchange lists are problematic and also potentially scam. a big hacking case also makes us have to be careful in storing assets
I think it is very difficult to be able to determine the place of exchange that has an indication of a scam or not because all existing exchanges can potentially be a scam and can potentially be hit by hacker attacks, so you must be prepared for the worst risks of the exchange.
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vin1103
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February 21, 2019, 03:06:13 PM |
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market exchanges is not bank, when you affraid with your account will be hacked dont save you asset at there, after you trading take out all your asset that is simple to use except you is holder coins, you can moving you coins to others wallets
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cryptogeek101
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February 21, 2019, 03:10:42 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
I think one of the problems of an exchange is the issue of hacking,no centralized exchange is hack proof, however there are measures that can reduce the level of hacks in an exchange,financial exchange investments are risky and we should be very ready to bear the risk. Thanks
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kakawin
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February 21, 2019, 03:18:03 PM |
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market exchanges is not bank, when you affraid with your account will be hacked dont save you asset at there, after you trading take out all your asset that is simple to use except you is holder coins, you can moving you coins to others wallets
You need to keep your coins in cold wallets. It's safe. If you need to buy or sell coins, then we enter the coins on the stock exchange, conduct transactions and withdraw funds to our wallets. I think this is the safest option.
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Loopper
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February 21, 2019, 03:18:40 PM |
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market exchanges is not bank, when you affraid with your account will be hacked dont save you asset at there, after you trading take out all your asset that is simple to use except you is holder coins, you can moving you coins to others wallets
Millions of ways to save coins or assets that you have with various kinds anywhere. You just need to learn more about something that makes good security from hackers.
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cryptoblue77
Member
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Activity: 472
Merit: 10
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February 21, 2019, 03:55:20 PM |
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You have to be careful in using exchange, as not all of them are good, in fact some of them are complete scam, so research well before using them. A lot of investors have suffered because of scam exchanges.
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alonelyorange
Member
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Activity: 532
Merit: 10
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February 21, 2019, 04:00:31 PM |
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Better never stop for joining and using some exchange market, how ever always have new exchange support for your token and your asset, many exchange have different rule about new token for listing, but you hold your asset at not in exchange wallet.
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