Topic: How to keep your funds secured? - page 9. (Read 22660 times)
It is complicated to keep your money safe in this online world. I think if you want everything to be safe, use FIAT and store it under your bed. With Cryptocurrency there is no way to be considered the most reliable.
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?
Well I guess, your making a mistakes in your way dude. Instead of keeping it in the exchange why not try to store it on Electrum if you have
Bitcoin. It is much safer than exchange site platform. or if you really want an exchange try Coinbene, IDAX, kucoin and Binance and okex.
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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?
No one can guarantee that any exchange is 100% secure. You need to take the risk if you want to trade. When it's about security and trading daily then you need to come up with a balanced solution if your have huge amount of BTC. For small amount, you can not do much because these withdrawal fees will eat most of your profits.Anyway, I actually tried to find anyone who mentioned about multisig wallet and quite surprised to see that no one mentioned it yet.
For 100% security of your fund I would suggest you to use a MultiSig wallet perhaps 2/2. You can download Electrum from their official site (https://electrum.org/#download), verify it (This is very important) then install. Learn how to create a 2/2 address. User Electrum in two device for two key of the wallet. Your funds will be nearly 100% secure.
Cheers :-)
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.
Still, we don't have any bank based exchange and it is impossible to hold there for long term. Every exchange is risky which we cannot able to hold them for long term. It is always good to move our coin from exchanges to our own desired wallets for securing our wallets.
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 usually use cold wallets. Although not cheap, hardware wallets are definitely the best and safest way to keep our money. As for my buy-sell transactions, I don't have a trust shortage because I use the Binance Exchange because Binance was the only one in the market that can be trusted for the time being. In general, I'm careful not to use online or web wallets because I can't trust these wallets. That's why the hardware wallet is always on the wall.
Agree, hard wallet is always the safest but since we also love to trade and we don't want to transfer our funds from time to time, we have no choicebut to store our coins in a certain exchange. Binance so far is the best in the business now, they are the number trading sites IMO, and they reach that
no. 1 spot in just a short period of time because people trust them, they have already build a good reputation in the crypto 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?
I use many exchanges but I never safe my asset in there, in out fast no compromise. Secure is relative but the way is always same, never share device/ network and don't use exchanges as place to safe asset. Try one exchanges and learn from them because good or bad is depend your personal opinion.
It always better to use the offline wallet to save the asset and we have many options to use. We have multi coins wallet, bitcoin qt wallet, mycelium, jaxx, electrum and else so I am sure that we can find easily for what wallet we want to use. Don't save the coins at the exchanges for a long time unless you are trading the coins because we don't know what will happen later. But if you feel to save in the exchange is the best option for you then you can go with your choice and don't hesitate because of many suggestions on here.
I usually use cold wallets. Although not cheap, hardware wallets are definitely the best and safest way to keep our money. As for my buy-sell transactions, I don't have a trust shortage because I use the Binance Exchange because Binance was the only one in the market that can be trusted for the time being. In general, I'm careful not to use online or web wallets because I can't trust these wallets. That's why the hardware wallet is always on the wall.
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.
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 use many exchanges but I never safe my asset in there, in out fast no compromise. Secure is relative but the way is always same, never share device/ network and don't use exchanges as place to safe asset. Try one exchanges and learn from them because good or bad is depend your personal opinion.
Don't ever tend to make exchangers as your wallet or storage on your crypto. Just simply choose up wallets that you do have the full access or control of its private keys.
Exchangers can be hacked anytime and its better to be cautious than sorry.
Exchangers can be hacked anytime and its better to be cautious than sorry.
In the financial pyramid, the founders convince investors that they will make a profit. Bitcoin does not give such a guarantee. There is no central legal entity, only individuals who build the economy. In the financial pyramid, early participants can profit only from those who came after them. But Bitcoin has possible win-win outcomes. The first participants profit from the appreciation. Later members profit from stability and a widely recognized digital currency. The fact that the first participants are more profitable does not make a conclusion about the financial pyramid. Apple shares were not a financial pyramid, although the first investors got rich
A sample of total shit post. 
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.
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 opinion for saving your funds in a wallet for exchanging will be advisable and the choice of choosing your world will be more security and it will be more trustable if you follow the simple basic things then your money will not be hacked by anyone and it will be prevented by only for having this type of simple steps. 
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.
Research is the best way that you can use inorder for you to find a exchange that can ensure the safety of your funds. You said that you been experienced a worse scenario where your bitcoins are stolen by hackers, you should be smart and be intelligent always for you not experience that situation again. There are only few exchanges that have high security like Binance, Bibox and Okex. You should choose careful!
Storing our funds in exchanges isn't safe for the assets we have, because that was prone for hackers to breach the security of it. Making your funds secured, the best options is to keep it in your personal wallet that has not been exposed to any decentralized exchanges. By the time you wanted it to be sold for a good profit, you're be sure to fully access the funds at 100% safe profit gains
In the financial pyramid, the founders convince investors that they will make a profit. Bitcoin does not give such a guarantee. There is no central legal entity, only individuals who build the economy. In the financial pyramid, early participants can profit only from those who came after them. But Bitcoin has possible win-win outcomes. The first participants profit from the appreciation. Later members profit from stability and a widely recognized digital currency. The fact that the first participants are more profitable does not make a conclusion about the financial pyramid. Apple shares were not a financial pyramid, although the first investors got rich
If you are reading this text, then you probably cannot manage the funds in your btcBank account, since you do not have access to the phone number that you provided when filling out the registration form in btcBank.
If you have lost your phone or your SIM card has failed, remember that all mobile operators allow their users to recover a lost number.
For prepaid subscribers, when recovering a number, 2-3 phone numbers are usually asked for which the last calls or SMS were sent and / or the amount and the date of the last refill.
For contract subscribers, it is usually enough to come to the office with your passport.
If you have lost your phone or your SIM card has failed, remember that all mobile operators allow their users to recover a lost number.
For prepaid subscribers, when recovering a number, 2-3 phone numbers are usually asked for which the last calls or SMS were sent and / or the amount and the date of the last refill.
For contract subscribers, it is usually enough to come to the office with your passport.
we have heard a lot about exchange hack these days. more will be hack in the future to come. the best option you have is to move your crypto into a wallet. whenever you want to trade, move it to an exchange and trade. remember to move your funds out immediately. you complete trading.
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?
"Hack yet?". So you want to join an exchange that hasn't been hacked yet but has a possibility of being hacked? No exchange available is hack proof. No matter how much they "secured" they are, there are high chance that the exchange might get hacked. So use it on your own risk. And again, using an exchange as a form of wallet is always a bad idea. 
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?
Localbitcoins would be the last place where I would keep my coins knowing the fact that it recently got hacked and the fact that there are so many scammers in that playground.If you have a big capital and trade with a small amount from your capital then what can do is, keep your capital in a trusted wallet(Mycelium, Exodus etc...).
Then transfer the amount you want to trade with in to an exchange that is more secured than the others(Binance) . This is the safest way not to loose all your capital and still trade on an exchange.
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