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Topic: How to keep your funds secured? (Read 22660 times)

legendary
Activity: 1876
Merit: 1003
August 29, 2019, 06:52:49 PM
To be sure with the crypts you always use for Google Authenticator exchange accesses for each access and always make copies of the private keys that are provided by the exchange when you create the Google Authenticator key
Yeah that's true. Google authenticator is one my favorite way to make my funds secured because even they know the password of ours but they can't open our funds if don't have code of 2fa. So we only need to secured the key of google authenticator to recover if the device that we putted a Google authenticator even it will lost it can still recover by the key.
Alternately using the Authy android application is my individual preference,   Google authenticator can go to the trash chain if you reset your phone remotely in case of a lost device. Securing the 2fa application keys can save a life, without backup keys it is hard to recover the access to the exchanges for spending funds. Instead of using Google authenticator you can choose the same secure method offered apps with second backup chance via this list:  LastPass, Yubico, Microsoft Authenticator,
sr. member
Activity: 1316
Merit: 356
August 29, 2019, 10:17:16 AM
To be sure with the crypts you always use for Google Authenticator exchange accesses for each access and always make copies of the private keys that are provided by the exchange when you create the Google Authenticator key
Yeah that's true. Google authenticator is one my favorite way to make my funds secured because even they know the password of ours but they can't open our funds if don't have code of 2fa. So we only need to secured the key of google authenticator to recover if the device that we putted a Google authenticator even it will lost it can still recover by the key.
newbie
Activity: 20
Merit: 0
August 29, 2019, 09:52:14 AM
Im quite new to crypto so i wanted to know what exchanges do you use and i'd be grateful for advises on security. I currently keep my crypto on localbitcoins but it recently got hacked to im concerned for my money. I want to move it somewhere safe but still be able to make trades without much fuss. Im still learning to trade but im pretty serious about it. Can you recommend me a good exchange that hasn't been hacked yet?

If you want to keep your fund safe and like it to put in the exchange, I suggest you to store it at the
exchange in which are always listed on top in the market. And for you to know where to find those good platform
it is better for you to check coinmarketcap site. And one of the good platform exchange is Kucoin.

Personally i used to trade on Monfex and can state that it's a very safe and reliable platform.Check it out guys

I also trade there and can state that it's very reliable and safe platform. I am really satisfied with because my data stays secured.
member
Activity: 332
Merit: 12
August 08, 2019, 10:14:13 AM
maybe use CMC (coinmarketcap) and from there find good trustworthy places to store your money i think it will be much better and also trade with place that have high to moderate voulmes those are places trusted by most traders and they usually handle large amount of money so usually they wouldnt mess around so much

Indeed true ad correct, this CMC was already proven and tested too, and most of the majority communities here in the forum
trusted on this platform too. and you can see all the latest and updates in terms of the top coins and exchange happen in our daily lives
too. Or you can also try Mew, Ledger nano and other.
newbie
Activity: 56
Merit: 0
August 08, 2019, 09:12:57 AM
Im quite new to crypto so i wanted to know what exchanges do you use and i'd be grateful for advises on security. I currently keep my crypto on localbitcoins but it recently got hacked to im concerned for my money. I want to move it somewhere safe but still be able to make trades without much fuss. Im still learning to trade but im pretty serious about it. Can you recommend me a good exchange that hasn't been hacked yet?

If you want to keep your fund safe and like it to put in the exchange, I suggest you to store it at the
exchange in which are always listed on top in the market. And for you to know where to find those good platform
it is better for you to check coinmarketcap site. And one of the good platform exchange is Kucoin.

Personally i used to trade on Monfex and can state that it's a very safe and reliable platform.Check it out guys
member
Activity: 332
Merit: 12
July 23, 2019, 08:40:01 AM
Im quite new to crypto so i wanted to know what exchanges do you use and i'd be grateful for advises on security. I currently keep my crypto on localbitcoins but it recently got hacked to im concerned for my money. I want to move it somewhere safe but still be able to make trades without much fuss. Im still learning to trade but im pretty serious about it. Can you recommend me a good exchange that hasn't been hacked yet?

If you want to keep your fund safe and like it to put in the exchange, I suggest you to store it at the
exchange in which are always listed on top in the market. And for you to know where to find those good platform
it is better for you to check coinmarketcap site. And one of the good platform exchange is Kucoin.
hero member
Activity: 1092
Merit: 501
July 23, 2019, 07:59:52 AM
To be sure with the crypts you always use for Google Authenticator exchange accesses for each access and always make copies of the private keys that are provided by the exchange when you create the Google Authenticator key
There are many ways to keep your funds secure. Of course 2FA is one way to do that. You should have a strong password that is not your name of your contact number of a mix of both. Having your funds on the best exchange can be guarantee of safety as well. In addition, you could also keep your fund in cold wallets that is not connected to any online source.
jr. member
Activity: 98
Merit: 2
July 22, 2019, 10:52:27 AM
To be sure with the crypts you always use for Google Authenticator exchange accesses for each access and always make copies of the private keys that are provided by the exchange when you create the Google Authenticator key
newbie
Activity: 99
Merit: 0
July 07, 2019, 05:40:54 AM
Best store in personal wallet
copper member
Activity: 174
Merit: 10
July 07, 2019, 05:28:44 AM
Paper. Wallets.

Also a hot laptop, and a cold laptop.

The cold one never sees the internet.
legendary
Activity: 1862
Merit: 1004
July 06, 2019, 07:22:06 PM
If you are going to trade every day, it is better to choose the exchange Binance. It is safe and quite popular. But if you rarely trade, it is best to keep your funds in your wallet. Keep them on the stock exchange in this case is not safe.
member
Activity: 616
Merit: 10
July 06, 2019, 07:07:09 PM
Many people are typically used ledger and metamask im order to protect their coins. Storing cryptocurrency at exchange may be lose since many exchange are already intercepted by hackers. Unfortunately, all of the assets of investors and traders have gone. That is why we should not store in exchange because wallet is more secured.
member
Activity: 282
Merit: 11
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
July 06, 2019, 06:26:00 PM
Its not safe to keep your money in exchanges for a long time. Cold wallets are much safer. I will recommend trust wallet, Mycelium wallet and Blockchain wallet if you have Bitcoin. Most exchanges have been hacked before so the cold wallets are safer.

Correct, there's no assurance of security on your funds if you choose exchanges to handle it. More prone scenario now is hacking of accounts which resulted to lost of investors money. Those recommended wallets is more safe, and if you're holding more coins always use wallet with encrypted seed phrase like metamask.
full member
Activity: 868
Merit: 185
Roobet supporter and player!
July 06, 2019, 10:32:44 AM
Binance you can keep it but even that exchanges site is safe  is safe better to keep it to mobile wallet for more safety or more secured. Necause we don't know when the hackers attacks the exchanges site but we still know the binance is secured exchanges site but we can prevent losing incase that hackers attack so keep it to the wallet that you trust that you know your coins is secured and no one can access your account except to you.
What? I don`t understand nor comprehend what you trying to say. It is just a little bit confusing because there is contradiction with your statement. But what ever your point of view, I think it s better to store coins at the safe crypto wallet. It is better if you have a ledger. Binance is the top exchange in the whole world, but we cannot say it never suffered from hacks. In fact, it was intercepted yet the technician return the site again. In any form of exchange, it is hard to store coins because they are prone in hackings.
jr. member
Activity: 280
Merit: 5
July 06, 2019, 05:50:43 AM
All exchanges are vulnerable to act so you need a wallet for your tokens. you definitely needs to get a wallet as soon as possible because attacks on exchanges are not expected. you might loose big when next they strike. there are nice wallets for every token you have. never use exchange for your saving.
member
Activity: 266
Merit: 10
July 06, 2019, 04:15:38 AM
Its not safe to keep your money in exchanges for a long time. Cold wallets are much safer. I will recommend trust wallet, Mycelium wallet and Blockchain wallet if you have Bitcoin. Most exchanges have been hacked before so the cold wallets are safer.
sr. member
Activity: 882
Merit: 250
July 04, 2019, 07:04:24 PM
I would recommend for anyone to have a seperate computer for your surfing activities. The first one is going to be only used for accessing your wallets and making transactions for bitcoins and altcoins. Then the second one is for anything you want to check out un the internet and you will not worry so much if you accidentally clicked on a malware that will ask for money so you can save your file or will steal all your information because it is not there.
that's good ways to prevent malware attacking our personal computer.sometimes we was not unconscious there are many virus or malware that could penetrate our computer system when we surfing in internet.just clicking any link and finally our balance gone.
full member
Activity: 532
Merit: 100
July 04, 2019, 07:24:37 AM
I would recommend for anyone to have a seperate computer for your surfing activities. The first one is going to be only used for accessing your wallets and making transactions for bitcoins and altcoins. Then the second one is for anything you want to check out un the internet and you will not worry so much if you accidentally clicked on a malware that will ask for money so you can save your file or will steal all your information because it is not there.
copper member
Activity: 174
Merit: 10
July 04, 2019, 05:15:06 AM
Paper wallets. Generated offline.
jr. member
Activity: 224
Merit: 3
July 04, 2019, 05:10:10 AM
I think you must keep your assets on hardware wallet or software wallet (on Windows / Linux / Android) , because exchanges are not safe anymore but not all exchanges.. just few of them. I said like this because I read article on few months ago , there was many exchanges got hacked like Coinbene , Cryptopia (and now closed) and also Binance , we know Binance is bigger exchange now than other but I read few month ago like 1-2 month ago Binance got hacked and user funds already replaced by Binance.

No to exchange if you like funds secured, the best choice is a hard wallet, you need to invest for this to protect your investment.
When you put in exchange, it could be hack or the exchange itself will be hack, and your money is gone. When you put it on your deskstop wallet, it's also risky as malware or phishing is what you enemy here.
There is no need to exchange and store into hard wallets really is a guarantee for our property but perhaps we are worrying too much and this invisible pressure will create a lot of difficulties for us, especially when we are an investor or a trader, having no money in exchange will be a big problem, flexible capital is a necessary condition for us to use opportunities and optimization in this market, hard wallet will be a limitation. Although storing money in exchange can face many risks but that risk is only big for small and fraudulent exchanges while large exchanges will provide us with very high security.
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