use a hardware wallet, which can give you better security than an online wallet. and next choose an exchanger that has a good reputation in terms of security. because the most important security is the security of the exchanger where you trade.
I really waiting for that new Ledger Nano X because on Nano S there is not to much space for a cryptocurrency wallets, sad but true.
Topic: How to keep your funds secured? - page 5. (Read 22685 times)
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?
I am using Binance, bittrex as a secured exchange. It is very secured. I am using these exchanges even when it was 2017. By that time, I didn't have any problems regarding those exchanges. And if I may add, Yobit is one of the exchange I use. This forum is telling everybody about this exchange is scam but whenever I got coins from airdrop, this is where I sell my coins and there were no problems. Go on your own risk.
Basically you need to be careful in storing your files and data. Password authentications and safety locations of your hard files and soft copies in USB. Keepsafes should be locked and possibly you should have cctv's to review any uncertainties.
Keeping your funds to be secured in exchange you just need to enable the 2fa authenticator and having a strong password just don’t be stupid logging in and clicking so many stuffs that can easliy caused you by hacking
Still this is not enough and your funds can be under attack easily.
Your key or password can be stolen with a phising link or something similar, and last but not least, exchanges can be hacked and you may lost the coins that you have stored in there. Hardware wallets are the best solution right now in my opinion.
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?
Binance and Kucoin are 2 exchanges with excellent security level. Besides, they also have the function to order stoploss. Supporters are available 24 hours to assist you and you won't worry about your coins. but fee transactions are higher than other exchanges, you can consider this. Keeping your funds to be secured in exchange you just need to enable the 2fa authenticator and having a strong password just don’t be stupid logging in and clicking so many stuffs that can easliy caused you by hacking
Still this is not enough and your funds can be under attack easily.
Your key or password can be stolen with a phising link or something similar, and last but not least, exchanges can be hacked and you may lost the coins that you have stored in there. Hardware wallets are the best solution right now in my opinion.
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?
Never ever leave your funds in any exchange platforms since it is not 100% secured. Enable 2fa authenticator, and create a mixture of alpha-numeric password. Hackers are attacking exchange since they can get a lot of money if thwy succeed. It is better if you will get your self a hardware wallet to secure your funds.
Keeping your funds to be secured in exchange you just need to enable the 2fa authenticator and having a strong password just don’t be stupid logging in and clicking so many stuffs that can easliy caused you by hacking
I recommend saving assets in the hardware wallet, but the question is whether you are trading daily or trading monthly, if daily you can use large markets such as binance, huobi, okex etc., but if you trade monthly, I recommend keeping the wallet hardware and when you trade you can directly send to the market and when you profit send again to hardaware wallet, don't save too long in the market, if you are worried about your assets
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 are keeping bitcoins and you want to save it in the exchange, I think you must try Bittrex, Binance, Kucoin, Idax, and Coinbene these are the platform on which I think is safe so far and has a good market too in this industry. Though, all these platforms are requiring KYC to secure the account of their user clients.
I don't think exchanges are the best place to keep your funds secured use wallets and keep your private key safe its more secure than keeping your funds in any online exchange turn on security settings if you are a active trader there are many reputed exchanges but I still recommend using wallet.
The word keep means it could be for long term, and I don't trust exchanges for that, even the reputable one. Get yourself a hard wallet so your assets will be safe, you have to spend for that but the risk of losing your money is minimized.
I don't want to spend for that much just for the security, in fact the security of our funds are just depending of how we handle our account and even it is store in any hard wallets.
I believe the best way for us to keep our funds secured by finding a good or secure wallet that no one could ever hack and steal your funds. It will also be good if you split your funds in different secure wallets for you to keep all of your funds safe.
There isn`t 100% safe thing, safe place, safe investment. You can always think some way to crack some passwords, to steal a paper where it`s written, bank can be robbed, country economy can collapse, your house can burn to the ground, and so on. Splitting your funds is not good, it`s the best option we have, never keep all of your eggs on one place, old saying, million times repeated on this forum. It`s not too complicated to have more wallets, to be active on more than one exchange. Have wallets for holding, wallet for everyday use, never keep too much on any exchange, it`s the steps you can make to protect yourself, if shit happens on one place you still have others.
I believe the best way for us to keep our funds secured by finding a good or secure wallet that no one could ever hack and steal your funds. It will also be good if you split your funds in different secure wallets for you to keep all of your funds safe.
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?
There are some exchangers that offer strict security, such as binance, bittrex, houbi and several other large exchanger. I often use binance, binance is one of my favorite exchanges. There are some things that I often encounter regarding hacked wallets and most of them are wrong owners themselves, because they are careless in holding their privatkey. I don't think exchanges are the best place to keep your funds secured use wallets and keep your private key safe its more secure than keeping your funds in any online exchange turn on security settings if you are a active trader there are many reputed exchanges but I still recommend using wallet.
The word keep means it could be for long term, and I don't trust exchanges for that, even the reputable one. Get yourself a hard wallet so your assets will be safe, you have to spend for that but the risk of losing your money is minimized.
use a hardware wallet, which can give you better security than an online wallet. and next choose an exchanger that has a good reputation in terms of security. because the most important security is the security of the exchanger where you trade.
I really waiting for that new Ledger Nano X because on Nano S there is not to much space for a cryptocurrency wallets, sad but true. 
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?
Never store your cryptos in exchange,just move them if you don't have to intention to trade it near future even for weeks you need to withdraw and deposit.If you are holding huge amount of funds then move it to hardware wallet or any offline wallet which has private key to access it.
I used to trade in Indodax, it was quite safe I think, there was never heard of hacking in Indodax, it's just that I don't know whether people outside Indonesia can trade there or not
and don't forget to use google authenticator and 2fa sms for email
Letting your funds to sit in exchanges is the worst idea. You should take out your funds in that exchange and do a favor to yourself to buy a hardware wallet which is a physical wallet for cryptocurrencies that is more secure compare to the online exchanges and online wallets. It is worth every penny in exchange of the security that you will get.and don't forget to use google authenticator and 2fa sms for email
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?
Currently there are many large and good exchanges. Currently I am using Binance, Bitfinex and Okex. These are huge exchanges and supporters always support me very quickly and accurately. I have never had any negative reviews about their team.although transaction fees will be higher than smaller exchanges, it is more secure.
I don't think exchanges are the best place to keep your funds secured use wallets and keep your private key safe its more secure than keeping your funds in any online exchange turn on security settings if you are a active trader there are many reputed exchanges but I still recommend using wallet.
Jump to: