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Topic: Is Forkdelta safe platform for trading??? - page 5. (Read 2993 times)

newbie
Activity: 280
Merit: 0
so far I feel safe, unlike etherdelta.
I had a bad experience with the exchange, I bet I lost ETH when investing.
member
Activity: 420
Merit: 11
not safe fd platform my coin hack 3 time this year, fd is good to buy shit coin
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
As Forkdelta is another version of the Etherdelta Exchange and as it is decentralized exchange then I think you shouldn't import your private key there. Etherdelta got hack several times in the last year. And Forkdelta can hack too. So, better to use Metamask extension in chrome to login in Forkdelta with your Eth address Key through metamask. If you don't know how to do it, then search on google or youtube and be safe. Good luck.
It's always better to do some extra precautions and make sure that you fully understand what your are doing, as mentioned hack still possible so better to make sure that you protect your account if you are unsure better to do good research and make some additional ideas in order to prevent/ avoid making mistakes and allow hackers to burned all your tokens, always be in the safe position not just because you read that the exchange can be safe you already assume it, think twice before entering and use the exchange.
full member
Activity: 715
Merit: 101
I connect the forkdelta using metamask, I think it is quite safe, although still be careful considering etherdelta got hacked, I use it if there is no other market option to sell token, do not forget to logout from forkdelta when finished using it
newbie
Activity: 3
Merit: 0
ForkDelta functions like other exchanges; its business logic is defined and performed in a smart contract on the decentralized Ethereum blockchain. The Graphical User Interface of ForkDelta is created to let users interact with the current smart contract without dealing with the details of blockchain transactions with low-level. It has a resting order that consists of the price, volume, expiration time and signature. When a new resting order is created, an off-chain order book server gets broadcast. The major aim of storing resting orders off-chain is that an Ethereum transaction does not need to be created.
full member
Activity: 364
Merit: 100
We do not know how safe it is. That is why you need to use non-decentralized stock exchanges only with Metamask. At least you are taking a little more precautions.
member
Activity: 434
Merit: 10
I think it's quite safe. But the best thing to do is to use cool wallet or utilities like metamask to log in, your account will be better protected.
member
Activity: 255
Merit: 10
Is it safe to import MEW account with Forkdelta and trade?Huh i am new to forkdelta need help and suggestion?? thank you in advance.

As long as I use forkdelta not have problems and stay safe, but you should not import your MEW account directly to forkdelta. Create an account just in forkdelta and after the account so we just send the token to the forkdelta address that was created earlier.
full member
Activity: 239
Merit: 101
As for me, I prefer Binance, however, one of my friends has told me that he has been using Forkdelta for a certain period of time and never regretted. He is a successful trader of crypto and I can trust him
jr. member
Activity: 126
Merit: 1
Nothing can be trusted right now, so it is better
to be safe. hence, don't import your main mew account,
so make a new wallet. Good luck
newbie
Activity: 40
Merit: 0
Some says you shouldn't import your main account
to DEXs, so by creting new wallet is a smart choice.

But sadly I imported mine because I wasn't educated
enough, but I didn't felt any attack yet so hopefully
this will continue and might be a lesson to me to always
have proper safety measures next time.
member
Activity: 448
Merit: 21
As Forkdelta is another version of the Etherdelta Exchange and as it is decentralized exchange then I think you shouldn't import your private key there. Etherdelta got hack several times in the last year. And Forkdelta can hack too. So, better to use Metamask extension in chrome to login in Forkdelta with your Eth address Key through metamask. If you don't know how to do it, then search on google or youtube and be safe. Good luck.
sr. member
Activity: 770
Merit: 254
I have made lots of trades on etherdelta but I have never traded on forkdelta, it should be the same. Nowadays I use idex market to trade, just be careful with these decentralized exchanges, don't use private keys where all your funds are, send your funds to new wallet and use trow off wallets to trade, you don't never know what can happen.
member
Activity: 238
Merit: 10
I'm avoiding all those things. Don't use your MEW for sure. Make a new one or use Metamask. I think there are also some ways to trade on IDEX from Ledger...  Caution avoids additional risks

For now it's always a risk for me, because as my trading activities became higher and busy I had no choice but to use etherdelta. So far I wasn't able to have problems with regards to any unsafe trades, and yet I did some selling of eth tokens successfully. Probably some points give other people became unsafe, because they're trading with phising or fake ED trading site.
newbie
Activity: 94
Merit: 0
I don't really know as I tend to confuse it with etherdelta
full member
Activity: 252
Merit: 101
EMMARES – Email as you know it, will never be the
I'm avoiding all those things. Don't use your MEW for sure. Make a new one or use Metamask. I think there are also some ways to trade on IDEX from Ledger...  Caution avoids additional risks
sr. member
Activity: 377
Merit: 252
I've been using ForkDelta for quite a while now, I use my Ledger Nano and have never had any problems trading.

Because I'm a relatively small fish I prefer ForkDelta to IDEX as it's possible to trade small amounts, IDEX has a fairly high minimum order:

"minimum order of 0.15 ETH (equivalent) for makers, and 0.05 ETH (equivalent) for takers."

In my experience too ForkDelta worked well and I have not lost any money yet but it can be limiting when you want to process a larger order.
full member
Activity: 420
Merit: 105
Is it safe to import MEW account with Forkdelta and trade?Huh i am new to forkdelta need help and suggestion?? thank you in advance.

No need to import your private key into forkdelta you can just import your ethereum wallet into metamask and you can easily use forkdelta through it, however, metamask extension has been pulled off from chrome so plz be aware before doing anything and giving your private key anywhere.
jr. member
Activity: 82
Merit: 5
Is it safe to import MEW account with Forkdelta and trade?Huh i am new to forkdelta need help and suggestion?? thank you in advance.

Etherdelta is almost same as Forkdelta. I learnt the latter is a clone of the former.
It is not wise to import MEW or any other wallet into any of them, rather install browser extension such as metamask, with that, you can be masked and be protected. 
jr. member
Activity: 126
Merit: 1
Fork delta site is a decentralized trading platform that is a bit complicated. Trading with fork delta is safe and I have been trading there. In decentralized trading you will have to add your private keys before being able to trade. To avoid making unnecessary mistake that will led to loss of funds, simply have a separate wallet and transfer the particular token to it then login using your private keys. It's just a precautionary measure.
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