How to secure your asset in forkdelta?

[Kelvinid]

Storing funds on any exchange is wrong move either centralized or decentralized exchanges, and even forkdelta is way worse than binance Dex which is the only Dex I trust, still I prefer centralized exchanges like binance and Okex instead

Definitely, we shouldn't have to store our assets in any exchanges for the safe keep. Even exchanges will say safely kept assurance for everyone holders and traders but due to the fact that hackers are still active, I don't think we need to trust these promising words. Even we are using either DEX or CEX, we can't still give them a hundred percent safety assurance of our assets.   

[poodle63]

Storing funds on any exchange is wrong move either centralized or decentralized exchanges, and even forkdelta is way worse than binance Dex which is the only Dex I trust, still I prefer centralized exchanges like binance and Okex instead

At least DEX has different mechanism that will bring a little bit security than centralized exchange site. Forkdelta is much better than binance dex consider if that was the true decentralized dex. binance dex is fully controlled by the team. That's not even a dex dude. You must understand it.

[bgaf]

Storing funds on any exchange is wrong move either centralized or decentralized exchanges, and even forkdelta is way worse than binance Dex which is the only Dex I trust, still I prefer centralized exchanges like binance and Okex instead

Dex arent much that comparable to centralized so this will be bit unfair. Not much attention was given to dex that's why many prefer centralized. Even me, I could say that most dex are not useful and no volume at all. Tendency is to used those major cex exchange. We cant blame traders and users for this until dex can be improved more. The problem here is none of those who says love decentralization uses it hence keeping their trades on cex.

[awik p]

Storing funds on any exchange is wrong move either centralized or decentralized exchanges, and even forkdelta is way worse than binance Dex which is the only Dex I trust, still I prefer centralized exchanges like binance and Okex instead

At least DEX has different mechanism that will bring a little bit security than centralized exchange site. Forkdelta is much better than binance dex consider if that was the true decentralized dex. binance dex is fully controlled by the team. That's not even a dex dude. You must understand it.

indeed i prefer forkdelta when compared to dex. attempted to use metamask can indeed help our account security because we attach a private key there. after that when we have finished, I think forget the account to be the best choice, so that our account is not on

[shaheer001]

You are absolutely right, Forkdelta is the riskiest trading platform. I always use Metamask if I need to trade on Forkdelta but try to avoid these types of trading platforms. Thanks for sharing the good info.

[Wildwest]

So far I am still safe using forkdelta and have never had my assets lost just after trading on the market Forkdelta, maybe your mistake when logging into Forkdelta using a private key obviously this is an error that Very fatal and my suggestion if you want to enter using MetaMask and this is very safe for your assets.

[Helpme_please]

Storing funds on any exchange is wrong move either centralized or decentralized exchanges, and even forkdelta is way worse than binance Dex which is the only Dex I trust, still I prefer centralized exchanges like binance and Okex instead

At least DEX has different mechanism that will bring a little bit security than centralized exchange site. Forkdelta is much better than binance dex consider if that was the true decentralized dex. binance dex is fully controlled by the team. That's not even a dex dude. You must understand it.

indeed i prefer forkdelta when compared to dex. attempted to use metamask can indeed help our account security because we attach a private key there. after that when we have finished, I think forget the account to be the best choice, so that our account is not on

you must becarefull using metamask extension. several case i heard about metamask hacking. my friend loss their assets in MEW after he access dex exchange selling eth token. just for tip using metamask and dex exchange, always use new wallet that only contain selling token only. so if hacker attack our wallet they will found no asset at all.

[travwill]

It's too complicated mate. The better way is to use metamask wallet or hardware wallet! I have been trading in Forkdelta exchange through metamask since 2018 and never faced a single problem. Now I do trade with Ledger wallet, but this is not for everyone!

In cryptocurrency, I learned one key thing. The harder the safer. Trading using the metamask interface is very convenient, but has a number of security related disadvantages.
Namely, in case your device is compromised and someone gets access to it, it will also get access to all your wallets located in the metamask interface.

[omone1]

Friend, why will anyone even import their private keys to any DEX that is too risky even before I was good on DEX, I never imported my Private keys, I either use Keystores or majorly use Metamask. keystores requires pass. 

[CrownMade423]

This is actually an informative thread. I understand how to protect my wallet by reading this thread and thread comments. Many thanks to everyone for sharing the good info.

[Melody2]

I prefer to access Fork Delta using metamask. It is safer that way. But if you are on mobile then it is advisable to use a new ERC20 wallet to access the DEX. It is also important to check and double check the fork delta URL to prevent losing your private keys to phishing sites.

[cytpoway121]

I do not think there should be several stories as regarss forkdelta.

Simply go to metamask website and add its browser extension tp your pc, log in your private key to the metamask

Afterwards you proceed to access forkdelta
Easypeasy without troubles

[zaim7413]

This is actually an informative thread. I understand how to protect my wallet by reading this thread and thread comments. Many thanks to everyone for sharing the good info.

Basically, how to protect your wallet is very simple, bro, by safeguarding and storing your personal keys safely and never sharing them with others, that's all you have to do, the rest are just additions, like those in this thread.

[pjwaffle]

One very safe way to trade on forkdelta is to transfer your assets to a secondary wallet. When the transaction on it succeeds, then transfer the property to your wallet. I have traded on it quite a number of times and the trading was also favorable