Topic: How to secure your asset in forkdelta? (Read 858 times)
One very safe way to trade on forkdelta is to transfer your assets to a secondary wallet. When the transaction on it succeeds, then transfer the property to your wallet. I have traded on it quite a number of times and the trading was also favorable
This is actually an informative thread. I understand how to protect my wallet by reading this thread and thread comments. Many thanks to everyone for sharing the good info.
Basically, how to protect your wallet is very simple, bro, by safeguarding and storing your personal keys safely and never sharing them with others, that's all you have to do, the rest are just additions, like those in this thread.
I do not think there should be several stories as regarss forkdelta.
Simply go to metamask website and add its browser extension tp your pc, log in your private key to the metamask
Afterwards you proceed to access forkdelta
Easypeasy without troubles
Simply go to metamask website and add its browser extension tp your pc, log in your private key to the metamask
Afterwards you proceed to access forkdelta
Easypeasy without troubles
I prefer to access Fork Delta using metamask. It is safer that way. But if you are on mobile then it is advisable to use a new ERC20 wallet to access the DEX. It is also important to check and double check the fork delta URL to prevent losing your private keys to phishing sites.
This is actually an informative thread. I understand how to protect my wallet by reading this thread and thread comments. Many thanks to everyone for sharing the good info.
Friend, why will anyone even import their private keys to any DEX that is too risky even before I was good on DEX, I never imported my Private keys, I either use Keystores or majorly use Metamask. keystores requires pass.
It's too complicated mate. The better way is to use metamask wallet or hardware wallet! I have been trading in Forkdelta exchange through metamask since 2018 and never faced a single problem. Now I do trade with Ledger wallet, but this is not for everyone!
In cryptocurrency, I learned one key thing. The harder the safer. Trading using the metamask interface is very convenient, but has a number of security related disadvantages.
Namely, in case your device is compromised and someone gets access to it, it will also get access to all your wallets located in the metamask interface.
Storing funds on any exchange is wrong move either centralized or decentralized exchanges, and even forkdelta is way worse than binance Dex which is the only Dex I trust, still I prefer centralized exchanges like binance and Okex instead
At least DEX has different mechanism that will bring a little bit security than centralized exchange site. Forkdelta is much better than binance dex consider if that was the true decentralized dex. binance dex is fully controlled by the team. That's not even a dex dude. You must understand it. 
So far I am still safe using forkdelta and have never had my assets lost just after trading on the market Forkdelta, maybe your mistake when logging into Forkdelta using a private key obviously this is an error that Very fatal and my suggestion if you want to enter using MetaMask and this is very safe for your assets.
You are absolutely right, Forkdelta is the riskiest trading platform. I always use Metamask if I need to trade on Forkdelta but try to avoid these types of trading platforms. Thanks for sharing the good info.
Storing funds on any exchange is wrong move either centralized or decentralized exchanges, and even forkdelta is way worse than binance Dex which is the only Dex I trust, still I prefer centralized exchanges like binance and Okex instead
At least DEX has different mechanism that will bring a little bit security than centralized exchange site. Forkdelta is much better than binance dex consider if that was the true decentralized dex. binance dex is fully controlled by the team. That's not even a dex dude. You must understand it. Storing funds on any exchange is wrong move either centralized or decentralized exchanges, and even forkdelta is way worse than binance Dex which is the only Dex I trust, still I prefer centralized exchanges like binance and Okex instead
Dex arent much that comparable to centralized so this will be bit unfair. Not much attention was given to dex that's why many prefer centralized. Even me, I could say that most dex are not useful and no volume at all. Tendency is to used those major cex exchange. We cant blame traders and users for this until dex can be improved more. The problem here is none of those who says love decentralization uses it hence keeping their trades on cex. 
Storing funds on any exchange is wrong move either centralized or decentralized exchanges, and even forkdelta is way worse than binance Dex which is the only Dex I trust, still I prefer centralized exchanges like binance and Okex instead
At least DEX has different mechanism that will bring a little bit security than centralized exchange site. Forkdelta is much better than binance dex consider if that was the true decentralized dex. binance dex is fully controlled by the team. That's not even a dex dude. You must understand it. Storing funds on any exchange is wrong move either centralized or decentralized exchanges, and even forkdelta is way worse than binance Dex which is the only Dex I trust, still I prefer centralized exchanges like binance and Okex instead
Definitely, we shouldn't have to store our assets in any exchanges for the safe keep. Even exchanges will say safely kept assurance for everyone holders and traders but due to the fact that hackers are still active, I don't think we need to trust these promising words. Even we are using either DEX or CEX, we can't still give them a hundred percent safety assurance of our assets.
Storing funds on any exchange is wrong move either centralized or decentralized exchanges, and even forkdelta is way worse than binance Dex which is the only Dex I trust, still I prefer centralized exchanges like binance and Okex instead
One thing I have always known is that Folkdelta or any other exchange site is not a place to keep your fund. You are very much aware of happened to Etheredelta. Those who were affected would tell you the mistakes they made and that made them lose their fund.
The most important thing is that irrespective of other security measures, never leave a huge fund exchange. Such that when you lose it, it might not pull much on you.
actually you dont need to store your funds in that exchange .The most important thing is that irrespective of other security measures, never leave a huge fund exchange. Such that when you lose it, it might not pull much on you.
You just need to login then sell your tokens you want to sell then logout thats all. The only problem is if you want to set buy or sell order then you need to wait for a while before cashing it out back to the wallet then logout.
Forkdelta is the world's most risky exchange i think. Because in this exchange you need private key to log in.
I have two bad experience in this exchange. My wallet was hacked two times while trading in this exchange.
Now i want to warn beginners who want to trade in Forkdelta.
1. At first i suggest you to use metamask.
2. Those who haven't computer, use mobile phone, they may use a new ERC 20 wallet for trading purpose.
3. You can create a new address in forkdelta or import an existing account. https://i.imgur.com/cTJbtTt.png
4. Then you are able to trade in forkdelta.
5. Now you can make a buy order or sell order. I suggest everyone to Forget your account from forkdelta just after making an order. https://i.imgur.com/B2DBJXD.png
6. You may think that what happen to your asset when you forget your account? Nothing happen. You can view your order without login. When you see that your order is completed then you login to your account and withdraw your asset.
7. You have to remember that every 10000 block your order is expired if it is not completed. So you have to check your order and if expire you have to make an order again.
8. This is because the more time you Login in forkdelta, the more chance to hack your wallet. Hackers need some time to hack your wallet.
I think there are more ways may be to secure asset in forkdelta. So anyone who have idea please discuss here. Thanks my friends.
It must better you use a different wallet on fork delta to keep safe your balance on your real wallet if you gonna be log in you gonna use your one wallet then put some balance that you want to sell so that your another balance will be safe. If that wallet hack at least not all your balance gone. I have two bad experience in this exchange. My wallet was hacked two times while trading in this exchange.
Now i want to warn beginners who want to trade in Forkdelta.
1. At first i suggest you to use metamask.
2. Those who haven't computer, use mobile phone, they may use a new ERC 20 wallet for trading purpose.
3. You can create a new address in forkdelta or import an existing account. https://i.imgur.com/cTJbtTt.png
4. Then you are able to trade in forkdelta.
5. Now you can make a buy order or sell order. I suggest everyone to Forget your account from forkdelta just after making an order. https://i.imgur.com/B2DBJXD.png
6. You may think that what happen to your asset when you forget your account? Nothing happen. You can view your order without login. When you see that your order is completed then you login to your account and withdraw your asset.
7. You have to remember that every 10000 block your order is expired if it is not completed. So you have to check your order and if expire you have to make an order again.
8. This is because the more time you Login in forkdelta, the more chance to hack your wallet. Hackers need some time to hack your wallet.
I think there are more ways may be to secure asset in forkdelta. So anyone who have idea please discuss here. Thanks my friends.
One thing I have always known is that Folkdelta or any other exchange site is not a place to keep your fund. You are very much aware of happened to Etheredelta. Those who were affected would tell you the mistakes they made and that made them lose their fund.
The most important thing is that irrespective of other security measures, never leave a huge fund exchange. Such that when you lose it, it might not pull much on you.
The most important thing is that irrespective of other security measures, never leave a huge fund exchange. Such that when you lose it, it might not pull much on you.
I used to trade there at Forkdelta and import my wallet and the key as well but I've never experienced being hack by anyone or I've never noticed it. The possible reason why we lost control of our wallet having entered our keys is that we never do the logout and make another see's on it. If you are using this exchanger, you'll have to end the transaction first before leaving and don't hang for long hours without logging out unless if you are using your own PC or laptop but if not, you are risking it and might other person will trace your transactions. This commonly happens when you are using a hotspot internet connection and those in the cafe also.
There was a time when Etherdelta was hacked. A lot of people have lost money with it, but I personally am lucky that I have not encountered any problems with this exchange. This is one of the DEX with the most users and the highest volume in this market. Also you should use Metamask to improve security and hackers will not be able to hack your private key
Sorry, but I don’t understand how this is possible, is it possible to crack a smart contract? I believe what you are talking about is not a hack but a substitution of a real site for a clone site.
As a result, users went to the clone site and entered their private keys there and also sent funds to the clone's wallets, which naturally led to huge losses among users, as well as rumors that the site was hacked.
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