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?
my first preference for securing the funds that we had in our hand will need a best wallet so it takes a long time to choose the best world will be the most important preference for me to take more security for my funds. 
Topic: How to keep your funds secured? - page 8. (Read 22660 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?
You already got hacked? What money would you move if you already got hacked? If you are serious about trading maybe you can start by speculating the famous exchange there is and if you think the one that didn't get hacked is safe you are also wrong about it. BTW visit the coinmarketcap website and find the best suited exchange for you. Good luck learning. 
Get your funds off an exchange, unless you are actively trading them. But as you are currently holding them on Localbitcoins I assume you are just holding your funds. In that case, there's no point in holding your funds on any exchanges, even if they haven't been hacked. Better safe than sorry. You can use secure hardware wallets (buy a brand new one from the official site, not a used one) or smartphones or computers that have been built for maximum security (BitWings is one company that is developing such devices). Many beginners and even more experienced crypto people forget that even though blockchain is decentralized and secure, most exchanges are not like this. Most well known exchanges are still centralized which means they are not as secure as you would hope to. Just look at the news.
No one can say for sure that either a exchange is 100% secure or not.But I do not that any exchange can claim their security as 100%. There are always chances for an exchange to be hack.
We do not any other option except to take the risk if we want to continue crypto trading. I hope that in future exchanges will insure their security more and more.
saving lots of assets is indeed very scary, because the risk is very big, I suggest you start by buying wallet hardware, which I think is safer than exchange, nano legder is so safe
If you are big investor then best thing for you is hardware wallet ,other than that do not store private key or seed on computer.and if you are small trader then you can store your fund in exchange that has no security breach in the past and provide additional security to your fund.
We know how prone to hacking if we are doing mostly in online transactions but it could be easy for us to access our wallets if stored it in our laptops. But we should think that, securities of our wallets and keys it really matters of how we handled it, either we manage them carefully or letting somebody used it. If we are too careless of this things, there is a huge possibility that we lost them all in the near future.
Get your funds off an exchange, unless you are actively trading them. But as you are currently holding them on Localbitcoins I assume you are just holding your funds. In that case, there's no point in holding your funds on any exchanges, even if they haven't been hacked. Better safe than sorry. You can use secure hardware wallets (buy a brand new one from the official site, not a used one) or smartphones or computers that have been built for maximum security (BitWings is one company that is developing such devices). Many beginners and even more experienced crypto people forget that even though blockchain is decentralized and secure, most exchanges are not like this. Most well known exchanges are still centralized which means they are not as secure as you would hope to. Just look at the news.
My favorite exchange is binance, but you shouldn’t be storing coins in exchanges. Exchanges should be use for trading.
I suggest you to get a hardware wallet, it is secure and user friendly for newbie. And you can get one for less than $100. Please get from the official website, you can research from Ledger and Trezor.
I suggest you to get a hardware wallet, it is secure and user friendly for newbie. And you can get one for less than $100. Please get from the official website, you can research from Ledger and Trezor.
If you are big investor then best thing for you is hardware wallet ,other than that do not store private key or seed on computer.and if you are small trader then you can store your fund in exchange that has no security breach in the past and provide additional security to your fund.
There some exchanges that until now not experienced hacking because they have secured security compared to other and that is bigger exchanges site like Binance one of the most trusted exchanges site now and even me Im confident my money and token and altcoin is very safe but even that Im holding my coin to also mobile wallet and the half will be in the exchanges site.
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?
Exchanges not meant for storing it is only for exchanging your funds so if you are storing there means then it is your mistake.Wallets are the one we need to store our funds and the type of wallet will choose the security level and if you want maximum security then you should buy an hardware wallet.Learning it from the hard way is more regretful than taking some delays and paying for some fees.
Don't hold your coins at any kind of exchange site. No private key no coin. it's the rules and you have to believe it. Try to hold your coin at desktop or hardware wallet. you can also use an online wallet but online wallet have a huge risk. you can be lost all of your assets at once. I would suggest you for Bitcoin use Electrum wallet. For ERC 20 use MEW or trezor wallet.
Any kind of wallet that you don't handle the private key isn't safe regardless of how reputated the wallet is. I've never became a victim of those hacks, guess I was still lucky before, but I won't depend on luck anymore. Investing for a hardware wallet would be half worth if your assets were mostly in crypto.
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?
Exchanges not meant for storing it is only for exchanging your funds so if you are storing there means then it is your mistake.Wallets are the one we need to store our funds and the type of wallet will choose the security level and if you want maximum security then you should buy an hardware wallet.
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.
you should not save too much of the assets that you have in the exchange because it will make you lose the assets you have and the market has the potential to scam as an example of exchanging hacked cryptopia so you have to be more careful. 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?
Storing crypto with own private key is safe like MEW. Another hand there are more secure to store crypto in hardware wallet like Trezor, Ledger Nano s. I used the exchange site to store my crypto but now I am thinking it's not a good idea to hold. 
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?
Exchange for keeping your funds ? Please take time to educate yourself for using the services on their intended purposes alone. If you "misuse" them then you may face disasters at any time. I like to suggest you to use combination of bitcoin core and electrum to have effective cold storage wallet. Electrum to watch and send where bitcoin-core for generating and being the actual cold wallet.The best option is to diversify, one part in bank, another in cash, in crypto, in shares of the stock market and if you can in some business
It seems like you're talking about securing your all types of funds but OP is concerning about his crypto savings not just fiats. Still I agree, we must need to diversify the mode of savings too. This principle of effective investments is applicable to everywhere and not just with investment opportunities alone. 
The best option is to diversify, one part in bank, another in cash, in crypto, in shares of the stock market and if you can in some business, I think that the golden eggs should be put in many baskets, because you do not know what can happen in the world 
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?
The exchange that you should use have high security for you to ensure the safety of your funds. Research about the exchange and its team behind. Research also the comments and reviews of the traders who used that exchange. In that way you can ensure that the exchange is reliable or not. Don't hold your coins at any kind of exchange site. No private key no coin. it's the rules and you have to believe it. Try to hold your coin at desktop or hardware wallet. you can also use an online wallet but online wallet have a huge risk. you can be lost all of your assets at once. I would suggest you for Bitcoin use Electrum wallet. For ERC 20 use MEW or trezor wallet.
And only keep your funds on exchanges IF you are doing trading. Withdraw whenever possible and store them to a wallet which you personally own where you control the private key or mnemonic phrase. A highly recommended wallet are hardware wallets where you don't need to input private keys or pass phrase. You only need some sort of PIN or password to give authorization to access it. Whenever not in use, always unplug it!
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.
Take your money and save it in the bank.
that is probably the safest way, because when you start trading you are sure that your exchange is safe for saving assets / coins.
if you doubt how you trade. this is a fundamental issue of a trader.
doesn't the OP ask for an exchanger? everyone also knows that saving money in a bank is the safest thing, but how can a crypto currency be stored in a bank?that is probably the safest way, because when you start trading you are sure that your exchange is safe for saving assets / coins.
if you doubt how you trade. this is a fundamental issue of a trader.
I suggest that the OP choose an exchanger who has trusted security.
I don't think bank will make our funds safer, because bank is capable to declare bankruptcy which you're not safe to withdraw all the money you have. Only the insurance of the deposit will be yours as part of the agreement. However, storing your fund with crypto cannot be robbed as long as you kept it in your confidential wallet; specially your private keys will be the most important in order to havr full security of it.
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