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Topic: I stop using some exchanges - page 10. (Read 1589 times)

full member
Activity: 686
Merit: 227
February 20, 2019, 04:50:31 PM
I think that it is necessary to use the exchanges as rarely as possible. Especially if you are going to keep cryptocurrency for a long time. When the cryptocurrency lies on the wallet of a too it has a big difference between if your cryptocurrency is on the exchange.
full member
Activity: 602
Merit: 111
February 20, 2019, 03:43:53 PM
Im never good at trading ,always lose money but how about those who lose money due to exchange been hacked? Well thanks to new exchanges that only support p2p ,no profiles ,no emails ,no passwords, they are the safest out there ,this is why I'm so hooked with changelly since 2016 ,so use this kind of exchanges and you are safe from hacks and phishing who is with me? Other exchanges that are like changelly are ethershift and tokenmom ,there might be others too
yes you are right while using some exchanges we don't get the satisfaction with our work so the situation is also not good for exchanging our universe but so wait and think not move you for making any decision because I also using this for long time.
member
Activity: 336
Merit: 10
Proof-of-Stake Blockchain Network
February 20, 2019, 03:25:24 PM
Im never good at trading ,always lose money but how about those who lose money due to exchange been hacked? Well thanks to new exchanges that only support p2p ,no profiles ,no emails ,no passwords, they are the safest out there ,this is why I'm so hooked with changelly since 2016 ,so use this kind of exchanges and you are safe from hacks and phishing who is with me? Other exchanges that are like changelly are ethershift and tokenmom ,there might be others too

There is no safe exchange at 100%. Therefore, you should not keep large amounts of coins on the exchanges, especially if you do not trade them - withdraw everything to your safe wallets. From time to time, the exchanges hack and steal money, including your.
sr. member
Activity: 854
Merit: 267
February 20, 2019, 03:17:00 PM
If you want to feel safe while you trade, use DEX. Be sure to follow the safety rules that you must follow when using DEX. The biggest problem of central exchanges is when they are hacked, your personal informations are also hacked. And that's a really serious problem.

sr. member
Activity: 672
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
February 20, 2019, 02:54:48 PM
I am waiting for a good decentralized exchange. For example, the creators of the exchange Binance will soon release such a stock exchange. But now I just keep on the exchanges that part of the funds that I trade. I prefer to trade on the exchange of Binance because there are very good volumes.
Already you can test this wonderful exchange. Indeed, this is real freedom and it comes from the cryptocurrency market.
sr. member
Activity: 910
Merit: 263
February 20, 2019, 12:14:49 PM
I am waiting for a good decentralized exchange. For example, the creators of the exchange Binance will soon release such a stock exchange. But now I just keep on the exchanges that part of the funds that I trade. I prefer to trade on the exchange of Binance because there are very good volumes.
member
Activity: 420
Merit: 10
February 20, 2019, 12:11:37 PM
Im never good at trading ,always lose money but how about those who lose money due to exchange been hacked? Well thanks to new exchanges that only support p2p ,no profiles ,no emails ,no passwords, they are the safest out there ,this is why I'm so hooked with changelly since 2016 ,so use this kind of exchanges and you are safe from hacks and phishing who is with me? Other exchanges that are like changelly are ethershift and tokenmom ,there might be others too
Perhaps they are safe , but I think serovno need to be able to diversify trade on different exchanges , and the more for example on the binance liquidity of coins is much more than others
member
Activity: 854
Merit: 10
February 20, 2019, 11:53:15 AM
If you are never selective with the type of exchange you use, you might end up losing a lot of money.
Aside that, when it comes to trading, some skills are required, which if you do jot have, you might get frustrated with it.
Then start trading with the amount you can afford to lose, which is also applicable to investments.
sr. member
Activity: 840
Merit: 250
February 20, 2019, 11:30:27 AM
Any exchange you use can be hacked by hackers, you should be aware of this, new exchanges are usually always poorly protected from hacking, so hackers try to hack them.
legendary
Activity: 2492
Merit: 1232
February 20, 2019, 11:26:48 AM
you will never be insured against it, but you should choose exchanges with a high level of trust
High reputed exchange site is most likely traders want. Well, if you really wanted to have high security in trading and could not lose and risk trying different exchanges then it would be fine to stick with your current trusted exchanges platform. But it is a part of our starting industry. Our industry in cryptocurrency is still at the stage of developing and we have to try things as well. But I can actually advise you to at least
check the reviews first before trying an exchange platform for more secured risk.

Trading in different exchanges is really complicated too that you have to be careful because they have different pricing range. Let's say they only have a small scale of differences but it counts still.
full member
Activity: 616
Merit: 100
First Islamic Crypto Exchange
February 20, 2019, 11:11:00 AM
you will never be insured against it, but you should choose exchanges with a high level of trust
copper member
Activity: 154
Merit: 0
www.codex.one
February 20, 2019, 10:29:42 AM
Im never good at trading ,always lose money but how about those who lose money due to exchange been hacked? Well thanks to new exchanges that only support p2p ,no profiles ,no emails ,no passwords, they are the safest out there ,this is why I'm so hooked with changelly since 2016 ,so use this kind of exchanges and you are safe from hacks and phishing who is with me? Other exchanges that are like changelly are ethershift and tokenmom ,there might be others too

Basically you should be strict and choosing the best exchange in the market. You should take into consideration even the spelling of the website that your are entering. In that case, you can be fully secured about phishing sites.
member
Activity: 80
Merit: 24
February 20, 2019, 10:25:00 AM
in my opinion, the world's integrity throughout time has always evolved, sometimes as great as the security of a website can be penetrated too ... yeah we as account owners should be more vigilant about all forms of piracy, especially from email or phishing websites, suspicious links, protect our account with google AUTy or change your pin / paswood periodically it is also important
member
Activity: 504
Merit: 10
FABA-BREAK THROUGH IN VENTURE CAPITAL MARKET
February 20, 2019, 10:22:02 AM
Im never good at trading ,always lose money but how about those who lose money due to exchange been hacked? Well thanks to new exchanges that only support p2p ,no profiles ,no emails ,no passwords, they are the safest out there ,this is why I'm so hooked with changelly since 2016 ,so use this kind of exchanges and you are safe from hacks and phishing who is with me? Other exchanges that are like changelly are ethershift and tokenmom ,there might be others too
I think this is a not exchanges issue. This is a your security  issue. Because if you not use 2FA or other secure methods for exchange your account will be unsecured. But i agreed with your other problem of Phishing attack. Lot of peoples are lossed thire money with this phishing attack.
legendary
Activity: 1204
Merit: 1028
February 20, 2019, 09:22:31 AM
Some exchange was hacked and millions dollars are vanish. But rest of exchange still good and there has so many coin to trade. I have no experience of p2pexchange.
Yes. Some exchanges are not worth using. We have had history of exchanges through which transactions and investment have caused people huge losses. So, it is wise not to deal with such exchanges and rather look for a good one. There are of famous exchanges one among those is coinbase which is very secure and could be made use of in European countries and US.
full member
Activity: 602
Merit: 118
February 19, 2019, 05:48:54 PM
Im never good at trading ,always lose money but how about those who lose money due to exchange been hacked? Well thanks to new exchanges that only support p2p ,no profiles ,no emails ,no passwords, they are the safest out there ,this is why I'm so hooked with changelly since 2016 ,so use this kind of exchanges and you are safe from hacks and phishing who is with me? Other exchanges that are like changelly are ethershift and tokenmom ,there might be others too

We cannot judge that every exchange that uses a profile, email and password is easily hacked, the evidence to this day is that there are still many people who continue to use some of the existing exchanges out there, because they feel comfortable. But, I just heard there's a new exchange that only supports p2p, I think the "Log In" method like this's a new breakthrough.
copper member
Activity: 71
Merit: 1
February 19, 2019, 05:47:25 PM
Well i share your frustration mate...these days it is not really safe to trade on exchanges anymore. Day in and day out we here of several exchanges being hacked and people losing huge sums of money. I have heard about Ethershift Project and actually spared sometime to look at it. I think it's very cool and with numerous cryptocurrencies being deployed on the Etheruem network i believe transactions with Ethershift is very safe and quicker than with Exchanges.

Yeah I did the same, looking for a secure Exchange with no personal information and found Ethershift too. You just swap for example ETH with a token you want, you get it directly into your wallet and thats it. No account or password needed (or kyc). I dislike exchanges (like coinbase) which needs a know your customer thing. And of course it´s always safer to have your coins in your wallet instead on an exchange...
full member
Activity: 554
Merit: 100
February 19, 2019, 05:44:52 PM
How did you say that the exchabge was hacked? In the first place the value right now was not good and it stable on low so that if you are trader you should know when you buy and sell if you are for short term trading but as i suggest because of the low value you should choose the long term term trading buy and hold until the value was rise again.
hero member
Activity: 2926
Merit: 567
February 19, 2019, 05:35:19 PM
In the first place, you should not use an exchange to keep your coins only use it to trade there are so many exchange hacking going on because hackers knows there's huge money to be made here, but centralized has the most volume compared to DEX.
member
Activity: 616
Merit: 16
February 19, 2019, 05:22:36 PM
changelly requires you to register and provide a username and password. it is accually a per to per website. it looks secure and cool. transaction might still take time to take place as this could be a problem. they might eventually run out of tokens to exchange but it is a nice platform to use.
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