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Topic: I stop using some exchanges - page 12. (Read 1589 times)

Ucy
sr. member
Activity: 2674
Merit: 403
Compare rates on different exchanges & swap.
February 19, 2019, 10:06:27 AM
#85
I have considered using Changelly-like exchanges for daily trading ... i wondered if their hugh fees will be profitable for daily trading. I am sure some day traders have thought about this too.  They would have talked about it If it were possible
full member
Activity: 2086
Merit: 193
February 19, 2019, 09:52:10 AM
#84
That’s good, at least you are able to exit on that exchanges and prevent from losing more. Its important to use good and strong exchange because your money needs to be protected. Don’t just use exchanges because that’s the only way for you to sell your coin, be a wise person.
member
Activity: 518
Merit: 21
February 19, 2019, 09:49:03 AM
#83
Aside from.phising sites of some known exchanges may discouraged you from always using exchange sites but there could be more reason on it and probably this because the crypto market is down. There is no good on trading at the moment becausr crypto volatility is not good for the mean time. Anyway, if you had some holdings right better keep it first and avoid always using exchanges so that you will have a lower chances on getting phished out.
sr. member
Activity: 658
Merit: 250
February 19, 2019, 09:45:40 AM
#82
Thankfully all this long i haven't got to meet any market being hacked while i keep my coin in it to trade. I feel sad for you that you face that bad experience, In the future all the exchange should be upgrade their security to minimize the possibilities of getting hacked.
sr. member
Activity: 656
Merit: 250
February 19, 2019, 09:24:14 AM
#81
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
You are talking about an instant exchange not like Cryptopia but in my opinion this instant exchanges are much more vulnerable to hacking than centralised exchanges how can you say that a site like changeally are one of the safest I dont think so, Im much more confident in a decentralised exchanged than any other.
full member
Activity: 551
Merit: 100
February 19, 2019, 09:24:00 AM
#80
indeed it has become a risk for traders and for that we must be clever to anticipate this by actively reviewing each website/exchange that we will entrust our money to, and if possible after your activity from withdrawing certain exchanges your funds will immediately be stored in a personal wallet you. thus reducing the risk of hacking.
how can you fully explore the exchange to understand should you trust to them or not. if the exchange is new you can only wait when the reputation will appear
member
Activity: 406
Merit: 10
February 19, 2019, 09:14:24 AM
#79
indeed it has become a risk for traders and for that we must be clever to anticipate this by actively reviewing each website/exchange that we will entrust our money to, and if possible after your activity from withdrawing certain exchanges your funds will immediately be stored in a personal wallet you. thus reducing the risk of hacking.
full member
Activity: 686
Merit: 108
February 19, 2019, 08:57:10 AM
#78
I've never been hacked and I'm using a lot of exchanges, even when binance was hacked my balance was safe. Probably I'm just lucky, but I prefer exchanges with big volumes, so it's only big ones not p2p.
Yeah, there are still some exchanges that are safe even though they are experiencing problem. Its ok to quit on some exchanges especially if you incur problems, like hacking or what. Binance is the top choice of every trader/investors but don’t be too complacent on this exchange.
hero member
Activity: 3052
Merit: 651
February 19, 2019, 08:52:21 AM
#77
Its a lesson learned. List it to one of your experiences so you wont forget it.

It aint really about exhcanges getting hacked or just suddenly bankrupt.
It is about you too.
How are you going to keep yourself safe from all of this.
You found your way by using decentralized exchanges but you should still try to be used to going back and forth to your wallet from exchange. Never leave it there.

It aint that itchy for paying the tx fee.
full member
Activity: 1820
Merit: 107
February 19, 2019, 08:38:30 AM
#76
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
Those capability for a decentralized exchange like p2p,no profiles,no emails, and passwords was awesome .But if you are doing a day trading on any exchange the most important is the exchange trading volumes and those above mentioned capability for me is useless without enough volume and thats my opinion.
sr. member
Activity: 1876
Merit: 259
February 19, 2019, 08:20:51 AM
#75
it will be difficult to make people aware of doing the same thing as you.
if you do not like centralized exchanges you can choose the exchange you want, but the volume of trading exchanges is centralized far greater than the decentralized exchange.
full member
Activity: 686
Merit: 104
February 19, 2019, 08:15:19 AM
#74
Yes, I still don't understand why some exchange will be hack easily, and I have the experience before, the exchange have shut down the exchange and without the notice, and I can't take my coins back and lost the money, so I stop using the new exchange now.
member
Activity: 117
Merit: 10
February 19, 2019, 08:05:23 AM
#73
DEX exchanges are the way to go, as it should have been from the beginning. Sadly there is not much volume there yet and sometimes there is no other option than going to a CEX to trade your coins, but hopefully this changes in the next couple of years.

I'm not a trader anyway, but a hodler. One of the projects i'm supporting is Aphelion, a DEX based on NEO. Which has a market cap of "only" 500K. Crazy.
full member
Activity: 854
Merit: 101
February 19, 2019, 07:58:18 AM
#72
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 have been experimenting with different exchanges lately looking for the best feature and interface. But so far I was not so lucky with my trading compared to last year. Maybe because the market is very bearish right now that returns you get are very minimal.
newbie
Activity: 28
Merit: 0
February 19, 2019, 07:43:35 AM
#71
I trusted more in binance exchange because seems to me very hard security and surely will not get hack, and it is good to trade because of high volume.
In fact, only services without registration will be able to guarantee the safety of funds, since you do not give them access to all funds, but give only a part for the exchange.

I think that Changenow, in this case, will be the best option for the service without registration. I use them now and find this service very convenient.
I think this is really one of the exchangers that I can trust.
hero member
Activity: 896
Merit: 520
February 19, 2019, 07:41:41 AM
#70
I am use a lot of exchange and until this time all is safe. My advice should be careful before logging in alwasy bookmark exchange site that you use.

Right now, there are numerous trading sites available, yet I will say so that in certainty from all the present trading sites, there are relatively few truly working, I will clarify why, when there was a surge on ICO ventures, around then numerous trades held ICO the sums and propelled their item, however at that point, affected by numerous components, they couldn't appropriately rival the expansive stock trades and just stayed dormant.
jr. member
Activity: 168
Merit: 1
“Justice as a Service Infrastructure”
February 19, 2019, 07:36:50 AM
#69
I have not used the stock exchange for a long time, but speaking of their safety, I want to note that most people lose money because they keep their coins on the stock exchange. Isn't it obvious that the coins should be stored on the wallet, and the exchange should be used only for making transactions.
copper member
Activity: 995
Merit: 1
February 19, 2019, 07:30:00 AM
#68
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 can not say that this is the easiest way. I do not think that it is profitable for traders. Yes, perhaps such transactions are more secure. However, this may not be the best way to make money.
full member
Activity: 840
Merit: 100
February 19, 2019, 07:25:03 AM
#67
I am use a lot of exchange and until this time all is safe. My advice should be careful before logging in alwasy bookmark exchange site that you use.
sr. member
Activity: 796
Merit: 251
February 19, 2019, 07:16:14 AM
#66
I've never been hacked and I'm using a lot of exchanges, even when binance was hacked my balance was safe. Probably I'm just lucky, but I prefer exchanges with big volumes, so it's only big ones not p2p.
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