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Topic: How to keep your funds secured? - page 14. (Read 22660 times)

full member
Activity: 506
Merit: 101
1 & 0 😏
January 31, 2019, 02:17:15 PM
#8
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 money safe, you should try offline wallets. The fact that exchange has not been hacked so far does not mean that it will not be hacked. For storing your BTCs you should stay away from exchanges that take the management of your assets.
sr. member
Activity: 2114
Merit: 268
Leading Crypto Sports Betting & Casino Platform
January 31, 2019, 01:42:14 PM
#7
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 afraid exchanger that get hacked, it is better to save assets in wallet. Try ledger nano, because if you save in exchanger, there are some risk that will come with it. If the exchanger hacked like your experience with Localbitcoin, you will lose more.
member
Activity: 168
Merit: 15
Future of Security Tokens
January 31, 2019, 12:57:55 PM
#6
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.

If you're not yet trading,m your funds should be stored on a secured wallet and your private keys secured.
For secured exchanges, go for those with the highest volumes and daily trades, they are more secure, but not totally immune to hacks.
sr. member
Activity: 1120
Merit: 256
January 31, 2019, 12:50:45 PM
#5
I always keep my funds fully secured because i can't keep my funds in any exchanges like fork delta, etherdelta.com and other decentralized exchange. But some centralized exchanges binance, kucoin, and houbi also can you keep in those.
I also like that to secure my funds or assets in binance especially, because the exchange there is very good and fast and safe from the word loss
full member
Activity: 1302
Merit: 100
January 31, 2019, 12:39:32 PM
#4
I always keep my funds fully secured because i can't keep my funds in any exchanges like fork delta, etherdelta.com and other decentralized exchange. But some centralized exchanges binance, kucoin, and houbi also can you keep in those.
hero member
Activity: 1246
Merit: 529
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January 31, 2019, 12:19:00 PM
#3
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?

Stick to bigger exchanges if you want to keep your coins there for continuous trading. Most big exchange like binance offer tighter security like smaller or new exchange sites. But the safest and most advisable would be to get yourself at least your own wallet for now. Don't keep your coins in exchanges. If in case things went good and you have a budget for it, secure your funds through a hard wallet.
hero member
Activity: 2912
Merit: 642
January 31, 2019, 11:52:13 AM
#2
You are doing it all wrong.
You said you have experience loss already with localbitcoins thru a hack and yet you still want to do it to another exchange.
Why not look for another option to keep your crypto currencies?

I suggest you go look for a cold wallet by now and afterwards we can give you some exchange that are trustworthy. But still I wont prefer to leave it there for a long time.

It is not really about the hack, for anytime it could happen to any exchange. It is about your security first. The very least you could do is value your money for now.
newbie
Activity: 3
Merit: 0
January 31, 2019, 09:43:00 AM
#1
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?
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