Is bittrex very secure and safe? | Bitcointalksearch.org

joromz1226

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Quote from: tiredday on September 13, 2016, 11:30:27 AM

Hi, I have traded on bittrex for 2 years, I suffered those full of scams era, and survived. I have never heard bittrex has been hacled, is it true? Or do I miss some news?

Their founders were computer security specializers, so I trust it very much. Is bittrex very safe and secure, have you been stolen by hackers when you have 2FA?

Welcome to discuss, thanks!

Yes, bittrex is one of the safest and secured exchange site platform, because I've been using it for a couple of months ago and up to now I never seen bittrex has been involved in any controversies as what others exchange has.

nkarm1

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Bittrex has really established their reputation not only with good service but with its know security. I have been trading with this site for almost one and a half years and i didn't heard of a certain hacking issue until now. With the 2Fa, i think hackers are still possible to empty your wallets(with the recent hackings on other major trading sites like bitfinex and okcoin) so i don't think 2fa can help when a site's core is breached.

DIYOR

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Never had a single issue with Bittrex, so really hope it will never happen

carlfebz2

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Quote from: tiredday on September 13, 2016, 11:30:27 AM

Hi, I have traded on bittrex for 2 years, I suffered those full of scams era, and survived. I have never heard bittrex has been hacled, is it true? Or do I miss some news?

Their founders were computer security specializers, so I trust it very much. Is bittrex very safe and secure, have you been stolen by hackers when you have 2FA?

Welcome to discuss, thanks!

If you never heard that they are already being hacked then we can really say that their security is good but knowing that possibilities or risk is always there which we should really not be confident on storing huge amounts on our exchange wallets.We wont know if tomorrow they would be hacked or on next week.This why its important to make safety measures first into your funds.If you are really valuing then its better to be safe than sorry later on.

BCTBF

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Quote from: tiredday on September 13, 2016, 11:30:27 AM

Hi, I have traded on bittrex for 2 years, I suffered those full of scams era, and survived. I have never heard bittrex has been hacled, is it true? Or do I miss some news?

Their founders were computer security specializers, so I trust it very much. Is bittrex very safe and secure, have you been stolen by hackers when you have 2FA?

Welcome to discuss, thanks!

I do not know for sure if bittrex was hacked or not, but I've heard if bittrex was hacked and after the hack then bittrex changed the look of the site, but I do not believe the news. I also do not know bittrex founder is a computer security specialist. But I'm sure bittrex is a secure platform and has better support structure than any other exchange platform.

Rjp

newbie

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Used Bittrex for a few weeks, had to open two tickets due to security problems, and now 15 days later both my tickets (204818) are still waiting for a response from their support. And I lost half my value in that time, they say they respond to all tickets in 24 to 48 hours, I wish. Please help me update this to a positive comment Bittrex.

NeuroticFish

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Bittrex was pretty safe in the last years. I really hope that they do the right things security wise.
But this doesn't mean that bad things cannot happen. If an exchange is not hacked from outside, at some point somebody from inside can get greedy.
I also have quite an amount of alts at bittrex.
But clearly don't keep too much money on exchange. Any exchange.

Red-Apple

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Quote from: tiredday on September 13, 2016, 11:30:27 AM

Hi, I have traded on bittrex for 2 years, I suffered those full of scams era, and survived. I have never heard bittrex has been hacled, is it true? Or do I miss some news?

Their founders were computer security specializers, so I trust it very much. Is bittrex very safe and secure, have you been stolen by hackers when you have 2FA?

Welcome to discuss, thanks!

i believe that is right, if i am not mistaken they have some security experts among them and i think they built the exchange engine themselves.

i also have been trading there for 2 years and i never had any problem with this site. and never heard of any hack that is site's fault but people get their accounts hacked all the time in any place.

with all that said, i don't exclude them from the general list of risky exchangers because they might have a better team or even better security but in the end any other place was seemingly safe before they got hacked to you should always have this risk in mind when you invest.

traderethereum

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Quote from: ?? on ??

I think that Bittrex is a save website and I am using it already it long time.
If you use 2FA it's much more secure than without... at all I recomend using Bittrex and there hasn't been any hack I know.

yes, don't forget to activate 2FA on bittrex. i think bittrex is safe and secure, i was on bittrex too beside on polo. bittrex have much of coins, i think bittrex more larger than polo.

Golftech

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Quote from: lite on September 21, 2016, 02:01:03 PM

Quote from: tiredday on September 13, 2016, 11:30:27 AM

Hi, I have traded on bittrex for 2 years, I suffered those full of scams era, and survived. I have never heard bittrex has been hacled, is it true? Or do I miss some news?

Their founders were computer security specializers, so I trust it very much. Is bittrex very safe and secure, have you been stolen by hackers when you have 2FA?

Welcome to discuss, thanks!

I think bittrex is a safe exchanger, nothing has happened to my account till now. never keep all your coins in an exchanger.

well as of this moment yes bittrex still safe for my trade and it keeps working properly the thing is there's no so called safe in the eyes of the hackers so we need to be more extra careful placing all of our money inside the exchange.

TraderETH

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Bittrex is secure market exchange for trading altcoins and it has be run on their business more two years ago and i don't find problem about hacking on there. But today i used poloniex because bittrex is not too support for android devices.

tiredday

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Quote from: Hazir on September 19, 2016, 07:06:45 AM

Quote from: tiredday on September 13, 2016, 11:30:27 AM

Hi, I have traded on bittrex for 2 years, I suffered those full of scams era, and survived. I have never heard bittrex has been hacled, is it true? Or do I miss some news?

Their founders were computer security specializers, so I trust it very much. Is bittrex very safe and secure, have you been stolen by hackers when you have 2FA?

Welcome to discuss, thanks!

1. Basically every exchange is advertised to have state of art level of security. Created by the very best security specialists.
And as we can see that is not always true/sufficient because they got hacked anyway.

2. For your information: other 'leading' exchanges have implemented 2FA a swell, for example Bitfinex - and as you can see it didn't stop hackers from emptying their wallets.
Your individual account might be a bit more secure, but core security of exchange is not dependent on 2FA.

For 2nd points, in the end of 2013, many customers in okcoin got hacked even they enabled 2FA and SMS verification. So 2FA is not security God, depends on the code bug, top hackers can hack the account regardless of 2FA, like okcoin case.

"Your individual account might be a bit more secure, but core security of exchange is not dependent on 2FA." Due to okcoin case I said above, you can understand why I asked anyone got hacked with 2FA on exchanges

lite

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Quote from: tiredday on September 13, 2016, 11:30:27 AM

Hi, I have traded on bittrex for 2 years, I suffered those full of scams era, and survived. I have never heard bittrex has been hacled, is it true? Or do I miss some news?

Their founders were computer security specializers, so I trust it very much. Is bittrex very safe and secure, have you been stolen by hackers when you have 2FA?

Welcome to discuss, thanks!

I think bittrex is a safe exchanger, nothing has happened to my account till now. never keep all your coins in an exchanger.

neochiny

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Bittrex hasn't been hacked yet, so it could be said to be secure and safe, at least for now. This doesn't mean it won't get hacked in the future, but it is still one of the top exchanges to date so you shouldn't worry too much. Still, you must always do your own security measures like using cold storage, multiple exchanges etcetera. You shouldn't entrust ALL your coins on a single exchange no matter how trusted/stable.

mobnepal

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No i haven't heard any hack events with bittrex in past and i am also using them for years without any problem. Better to enable 2FA for your account security and trust them to secure your bitcoins and other many alts. But i will not say they are completely bullet proof against hack, better to not keep all bitcoin in any exchanger.

jack1111

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Now a days no thing is fully secure because the hacking methods improve as the protection methods , every one of us has to be careful because every thing is posdible on the internet , so I recommend to withdraw your money after trading and do not let them in any exchange , Bitfinex hack taught us important lesson .

Hazir

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Quote from: tiredday on September 13, 2016, 11:30:27 AM

Hi, I have traded on bittrex for 2 years, I suffered those full of scams era, and survived. I have never heard bittrex has been hacled, is it true? Or do I miss some news?

Their founders were computer security specializers, so I trust it very much. Is bittrex very safe and secure, have you been stolen by hackers when you have 2FA?

Welcome to discuss, thanks!

1. Basically every exchange is advertised to have state of art level of security. Created by the very best security specialists.
And as we can see that is not always true/sufficient because they got hacked anyway.

2. For your information: other 'leading' exchanges have implemented 2FA a swell, for example Bitfinex - and as you can see it didn't stop hackers from emptying their wallets.
Your individual account might be a bit more secure, but core security of exchange is not dependent on 2FA.

zenitzz

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Activity: 560

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I have using bittrex for trading almost 2 year without a problem and when they want removed some coins from market you will get email. so i can said bittrex is secure to use.

Pro User

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You/we cannot assure any online exchange as 100% secure. But the only way that i know to be secured is withdraw chinna as soon as possible.

hasiramasenju

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i have been using bittrex exchange too over than 1 year and i have no issue during use this exchange but even though bittrex was never hacked but doesn't mean they 100% secure and also even though you had very often using them for trading but don't ever save all of your funds only in 1 exchange because it is too risky

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