I stop using some exchanges

[EnormousCoin101]

Exchanges are the main target of those hackers that is why it is not advisable to store your coin there, not so sure how the traders keep their coin safe with those different exchanges but I have an idea that they just make a quick trade and transfer all their funds on a personal wallet.

[stigmacryptonight]

I have used a lot of exchanges so far because I am not a trader but only a bounty hunter who can sell my tokens where my tokens can be exchanged. For the problem of being hacked I have never experienced this.

[H1N1]

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 never good at trading too. I usually using exchange when i want to buy some coins to hold them, or sell coins to get cash.
I think exchange wallet is a good target for hackers because it hold many coins and tokens there.
Thats why we often heard about exchange wallet got hacked.

[Viceroy]

Yes it sounds like a good point, especially when it is decentralized.
But as always in anonymous field, some precautions must be held in order to stay safe.

[Wolfwar]

Yes it sounds like a good point, especially when it is decentralized.
But as always in anonymous field, some precautions must be held in order to stay safe.

It seems to me that the security of my funds, which are on the trading exchange, are not at all related to the provision of personal data. I can use those resources that have Google 2-factor authentication and confirmation via email and sms. This is a high degree of protection. Nevertheless, today there are such trading exchanges that increased the restrictions to an average of $ 10,000 per day, who did not provide KYC.

[Cyptobonds1]

I believe you are right about your choice, some exchange these days are not worth to be trusted with the whole lot of issues about being hacked day by day and a lot of money being lost and dey don't even try refunding them. The best thing is to get out of exchange once you are done trading send out all your money in there to avoid bull storry.

[veekky]

Why have you stopped using some exchanges? Are you satisfied or not with most of them?
As for me I am not satisfied with Korean exchanges and small exchanges

[Ardazello]

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 am not sure about tokenmom goodness. there are many negative in their bounty thread. People found that its team is fake.

[Coin BTC]

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

Indeed there are several exchanges that do not use email, passwords, or other profiles. Like the forkdelta using the MEW private key, Stellar that uses the Stellar private key, etc. But not apart from hacker attacks, and this has happened. But the exchange that uses e-mail security is also very safe from attacks, they make with high security. Api key, G.A, IP detection, etc. I have no doubt about the security used by exchange developers. Except new exchange. They are still in the testing phase.

[James678]

If you stopped using exchanges, then it was for a reason. From my point of view there are good and there are bad exchanges and it is up to you if you use good or best ones or use crappy exchanges

[MUG1WARA]

Indeed there are several exchanges that do not use email, passwords, or other profiles. Like the forkdelta using the MEW private key, Stellar that uses the Stellar private key, etc. But not apart from hacker attacks, and this has happened. But the exchange that uses e-mail security is also very safe from attacks, they make with high security. Api key, G.A, IP detection, etc. I have no doubt about the security used by exchange developers. Except new exchange. They are still in the testing phase.

not necessarily, you know the exchange of "coinsmakets" they use email and passwords but see what happens, hackers have taken all the assets there and all the people who trade there are crying because they lost all their money ... look now, their servers are down hacker attack

[cotton ball]

Is it possible to be safe from hacking? because what I know of all websites is certainly not safe in hacking maybe because the market is not a good target so it is very rare for people who want to enter the market, the most important thing is not to save 100% assets to avoid things that we don't want.

[timmydakolo2]

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.

Is a good thing to make use of lots of Exhcanger but this is regarding on the safety side of your business, not to put all funds in one particular Exchanger and also in other hand not to split it on too many of them.

[The Cryptologist]

When a trader hold many altcoins in his portfolio, he can't really avoid to put it in exchanges. And most of the time, their own wallets are very buggy that you will just decide to make it sleep on exchanges. Altcoins is the most profitable and the less you have means the less chance you will make higher rewards. So you guys decide if want to be safe from hacking or risk those altcoins in exchanges to have greater roi in the future.

[mv1986]

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

A good trader is not meant to make use of all Exchangers around, not all are safe and also not all will give you the volume you wanted, we look at security reasons as well will determine.

But even a good trader doesn't get around the fact that he has to use several exchanges to get access to most of the coins and tokens out there.

[pocketfullofpoke]

If you are holding couple of cryptocurrencies in your digital wallet and with the current status of cryptoworld as of today, it's really hard for you to use any of the exchanges because selling your crypto is not a good idea this time. Even looking at the crypto market can sometimes frustrates you so its better to rest and never think of the market now.

[semobo]

When an exchange is centralized then you may have the chances of losing your funds through hacking but still there are some centralized exchange which having huge trading volume so you can trade on it but not trusted to store anything in it.

[shoreno]

When an exchange is centralized then you may have the chances of losing your funds through hacking

what about decentralize exchange ?  they are more risky imo because most of them uses a private key to access your assets  .  these was the reason that they are prone to phishing attempts  , what if you accidentally visited a phish site and you enter import your private key ? all coins in your portfolio can be lost in an instant  and there is no point of recovering them unlike to centralized exchanges that they may refund you because its not your fault on why they were hacked  .

[Zalaster]

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 totally agree with you. Using exchangers without registering is safe and time-saving. I used Changelly, but now I use ChangeNOW, they offer a favorable rate and bonuses.

[CryptoCounselor]

When an exchange is centralized then you may have the chances of losing your funds through hacking

what about decentralize exchange ?  they are more risky imo because most of them uses a private key to access your assets  .  these was the reason that they are prone to phishing attempts  , what if you accidentally visited a phish site and you enter import your private key ? all coins in your portfolio can be lost in an instant  and there is no point of recovering them unlike to centralized exchanges that they may refund you because its not your fault on why they were hacked  .

I use decentralized exchange but those reliable ones and I always check the url upon using it. And you will be safe if you are always carefull and don't ever search the exchanger sites on google or other search engine since a chances that we can get the fake phising ones and that would be more awful unto us if we get a phising dummy site