you'd be amaze at how many people will actually do login using facebook button if this is really going to happen. those people in facebook are not aware for what is going on behind the data they give to facebook.
blockchain.om offers $25 worth of stellar (XLM), you can't believe how many people actually replied to a facebook thread. if facebook because they are super rich will offer $26 worth of Libra when they login to an exchange using the button, they'd all come running like wild hogs to submit KYC documents to claim it.
Topic: Exchange asking to Login thru Facebook - page 2. (Read 6929 times)
If this would be allowed it will be a nail in the coffin of crypto
By next year we shall see the result of the Libra development and if its going to be a successful launch, do you think one day we shall see a facebook login button on exchanges like binance? Would you login to it?
I have seen this on websites like medium.com. Worse is taht not only binance but also kraken and bittrex With the so many hacking attempts going on, I never use Facebook and will never use it to log in to my exchange account, I always use 2fa and phone verification to secure my account and you cannot do that if you are not using authentication in your login.
if your fb is 2fa enabled , itll work the same as manual login . before you login on fb and on the exchange , itll still ask for a code so the chance of hacking is small compare to fb accounts that dont use 2fa's .
social media logins are useful as email logins because this gives us a short cut for an easier access on the site . i didnt know that exchanges have started to implement that idea , i thought this is only possible on regular websites .
By next year we shall see the result of the Libra development and if its going to be a successful launch, do you think one day we shall see a facebook login button on exchanges like binance? Would you login to it?
I have seen this on websites like medium.com. Worse is taht not only binance but also kraken and bittrex With the so many hacking attempts going on, I never use Facebook and will never use it to log in to my exchange account, I always use 2fa and phone verification to secure my account and you cannot do that if you are not using authentication in your login.
By next year we shall see the result of the Libra development and if its going to be a successful launch, do you think one day we shall see a facebook login button on exchanges like binance? Would you login to it?
I have seen this on websites like medium.com. Worse is taht not only binance but also kraken and bittrex I think if a login is exchanged using Facebook, this is very bad, and obviously bad. If something happens with our exchange account, do we question the exchange about the problem we are experiencing, or we will ask the Facebook owner. Because this is one thing with two different databases.
By next year we shall see the result of the Libra development and if its going to be a successful launch, do you think one day we shall see a facebook login button on exchanges like binance? Would you login to it?
I have seen this on websites like medium.com. Worse is taht not only binance but also kraken and bittrex 
By next year we shall see the result of the Libra development and if its going to be a successful launch, do you think one day we shall see a facebook login button on exchanges like binance? Would you login to it?
I have seen this on websites like medium.com. Worse is taht not only binance but also kraken and bittrex I think if a login is exchanged using Facebook, this is very bad, and obviously bad. If something happens with our exchange account, do we question the exchange about the problem we are experiencing, or we will ask the Facebook owner. Because this is one thing with two different databases.
Anyway, it's better than no action. Just think how much publicity it'll bring, more people will know about crypto because of facebook's participation!
If that feature is added of course it won't be mandatory and there will be alternatives like prominent email. As for me, I can't login or create account with any exchange using my social media accounts, I don't see it as a wise move instead we will continue releasing our personal and financial data the more.
I don't have the mind signing up an exchange with my social media account for the fear of being hacked. May be I can get the courage to use my social media account to sign up with my social media when Libra is launched.
Or to make it easier for the tax authority in your jurisdiction to track your use of funds. Compare your data and ask a question about their (funds/crypto/money) origin. Do not forget about the AML. A "fun" life can come...
I have already seen this option in an exchange, i do not precisely remember at which exchange i saw this option but i think it was relatively new and small exchange may be it was bitmart or probit but personally i do not like to login at my financial platforms with my social accounts it just does not seem comfortable to me as i like to keep social media accounts separate from my trading accounts.
By next year we shall see the result of the Libra development and if its going to be a successful launch, do you think one day we shall see a facebook login button on exchanges like binance? Would you login to it?
I have seen this on websites like medium.com. Worse is taht not only binance but also kraken and bittrex It will be the dumbest move if big exchanges allowing logins through social media accounts like facebook or twitter,one of the major problem still affecting crypto is HACKS,if logins through facebook is allowed there will be more massive hacks, hackers are still hijacking facebook accounts and it will be very easy for them to steal users funds on exchanges
I don't have the mind signing up an exchange with my social media account for the fear of being hacked. May be I can get the courage to use my social media account to sign up with my social media when Libra is launched.
If you login with your Facebook account and pass KYC, you will give them all informations about you. It is not something what we should be afraid about?
By next year we shall see the result of the Libra development and if its going to be a successful launch, do you think one day we shall see a facebook login button on exchanges like binance? Would you login to it?
I have seen this on websites like medium.com. Worse is taht not only binance but also kraken and bittrex There's a possibility that it could happen, but we can opt not to do this every website that has Facebook integration can have other ways to sign up and log in, they just want to make it for first time user to sign up and log in, but if this happens I will never use that option.
I think this is where corporate interest lies when companies come together around some kind of resource or some kind of data. I have a negative attitude to this, because Facebook is a social network, and a trading exchange is a resource with which my money is connected. I would not want to link these two resources.
I never encounter exchange so far that asking to log in thru Facebook, But if there is for real its not good anyway.
The decentralization will get affect by it, and I know most of the members here will not agree on this matter.
And as far as I now social media like Facebook is much prone to hackers honestly speaking.
The decentralization will get affect by it, and I know most of the members here will not agree on this matter.
And as far as I now social media like Facebook is much prone to hackers honestly speaking.
I don't think they will. Our facebook does not provide enough information to solve the problems that occur.
Besides, Facebook and Libra are being subjected to harsh hearings and soon they must accept a series of parliamentary conditions to be able to release libra coins.
Besides, Facebook and Libra are being subjected to harsh hearings and soon they must accept a series of parliamentary conditions to be able to release libra coins.
Exchanges will be more vulnerable to attacks form hacker if they allow login to users account through any social media like facebook,twitter or reddit
By next year we shall see the result of the Libra development and if its going to be a successful launch, do you think one day we shall see a facebook login button on exchanges like binance? Would you login to it?
I have seen this on websites like medium.com. Worse is taht not only binance but also kraken and bittrex Jump to: