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Topic: Secure my altcoin? (Read 1469 times)

sr. member
Activity: 487
Merit: 252
bou !
February 14, 2017, 10:52:57 AM
#29
200/5000
I have to store my etc with: https://www.myetherwallet.com/

it's OK ?

  In the future when I have many etc I will invest in this:

http://Https://www.ledgerwallet.com/products/12-ledger-nano-s
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
February 14, 2017, 08:47:02 AM
#28
Most people here are saying the right thing related to this question and storing them on exchange wallets arent safe at all as we all know even those top or reputable exchange sites have the risk of getting hacked which means are coins arent safe too and also you could always store it on your desktop wallet its the most better option.
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
February 14, 2017, 07:30:24 AM
#27
For ethereum classic, I can not install the mist wallet on pc, error.

any error has a reason and can be fixed, consult the wallet creator to find a fix. it may even have a simple solution. the links are usually in the site where you download the wallet.

I can use the web wallet?
I saw who has jax,Which one is best?

as long as you are not the one holding the private keys, or generating them with a legit wallet you are taking risks.
also it is always preferred that if you want to store large amounts always do it in a cold storage (generating the wallet/keys offline)
newbie
Activity: 33
Merit: 0
February 14, 2017, 06:14:58 AM
#26
I recently had a bad experience keeping my coins on an exchange - the other day I needed to do an exchange as quickly as possible unfortunately Kraken was completely down for over an hour and I lost a significant amount of money.

I don't normally keep my coins on an exchange - but did in this instance in anticipation of this particular trade.

In general hardware wallets are a great choice - although it can be difficult with a rather large portfolio of alts. I personally keep my coins on an encrypted CentOS laptop, which has been locked down with iptables to only allow outbound communication with the relevant networks.

^ Might be overkill though - depends on how much you are looking to secure.
legendary
Activity: 3416
Merit: 1225
February 14, 2017, 05:47:53 AM
#25
I prefer storing my coins on my desktop I had a lot of pos coins and I stakes some of them to mint new coins,only store coins on exchange if you are going to trade it,but store and stake your coin if you want your coin to generate or mint new coins to your desktop it's more safer and secure.
sr. member
Activity: 244
Merit: 250
February 14, 2017, 03:33:29 AM
#24
Also, their are new hardware wallets coming out like the Trezor 2 and Jaxx Hardware Wallet. These should protect many of the popular alt coins.
hero member
Activity: 588
Merit: 500
February 13, 2017, 05:31:39 PM
#23
if you want safe youre coin, recomended you can saving in dekstop wallet
and don't forget save youre private key, so you can mobile use balance to anything exchanger
sr. member
Activity: 487
Merit: 252
bou !
February 13, 2017, 04:53:20 PM
#22
I secure my etc.

I have empty my kraken account Smiley

Thank you for advising me.
full member
Activity: 173
Merit: 100
February 13, 2017, 03:54:42 PM
#21

Hello ,

I have been mine for a few months already,

For the moment my etc / eth / sia are stored on my exchange platform

Etc / eth by kraken

Siacoin at polionex

Is my corners safe on these trading platforms?

Or is it more wise to store them on wallet installed in my hard drive?

cordially

If you are trading this coin daily then it is ok if you have kept coins in this exchanges if you are not a trader then better keep all coins in desktop wallet and when ever you are going to sell just transfer them to exchange and sell it, because no exchange can be told about when they will scam or anything happen in future.
legendary
Activity: 3262
Merit: 3675
Top Crypto Casino
February 13, 2017, 03:37:01 PM
#20
Definitely better to use for storing desktop wallets.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
February 13, 2017, 11:19:23 AM
#19
Yes all my pieces are stored on these platforms,

Faster to sell when price and high and redeem when price drops.

But I wonder if it was well secured.

Thank you for answering,

I'll think about storing a part on my wallet,

Myehtherwallet is good?

not 100% secure, exchange cna be hacked quite easily its better if you secure them locally and keep a low amount on the exchange for selling or trading
legendary
Activity: 910
Merit: 1000
February 13, 2017, 10:58:51 AM
#18
Ok, thank you for having answered me, I will work there.

For ethereum classic, I can not install the mist wallet on pc, error.

I can use the web wallet?

I saw who has jax,

Which one is best?

Cordially
Well I used jaxx.io, I think it is best for secure the ethereum classic,
in my experience I never find the problem and it can be used on smartphone,
it is very simple in my opinions.
sr. member
Activity: 487
Merit: 252
bou !
February 13, 2017, 10:50:01 AM
#17
Ok, thank you for having answered me, I will work there.

For ethereum classic, I can not install the mist wallet on pc, error.

I can use the web wallet?

I saw who has jax,

Which one is best?

Cordially
hero member
Activity: 1470
Merit: 655
February 13, 2017, 08:54:21 AM
#16
whenever you were considering storing your coins on an exchange you should remind yourself of these:
Bter.com hacked : 7170 bitcoin lost
Cryptsy hacked and ran away : 6 million dollar lost
bitfinex hacked : 65 million dollar lost

and the oldest one:
Mt Gox hacked : 460 million dollar lost.
legendary
Activity: 2450
Merit: 1047
February 13, 2017, 08:13:55 AM
#15
Never trust an exchange you never knows what's going to happen,we have seen mt gox and it could happen again,hold the big chunks of your coins in your desktop wallet,and keep the private key in a safe place ..
hero member
Activity: 1778
Merit: 882
February 13, 2017, 07:57:43 AM
#14
If you do not have the private keys, the money is not yours. Any problem with the exchanges will make you lose money. They are holding on till the moment something goes wrong.
legendary
Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
February 13, 2017, 07:43:59 AM
#13
I have been mine for a few months already,

what does this mean? have you been mining? you can't deposit mining reward into exchange address, they will reject it.

Quote
For the moment my etc / eth / sia are stored on my exchange platform
Etc / eth by kraken
Siacoin at polionex
Is my corners safe on these trading platforms?
Or is it more wise to store them on wallet installed in my hard drive?
cordially

these exchanges are safe enough, although you should make sure to put a strong password on your account or if they have 2FA enable it.

but all of these can not protect you from the exchange getting hacked and running away!
if you can move to desktop wallets and cold storage.
sr. member
Activity: 487
Merit: 252
bou !
February 13, 2017, 07:32:51 AM
#12

Hello ,

I have been mine for a few months already,

For the moment my etc / eth / sia are stored on my exchange platform

Etc / eth by kraken

Siacoin at polionex

Is my corners safe on these trading platforms?

Or is it more wise to store them on wallet installed in my hard drive?

cordially

Short answer: You're coins aren't safe on exchanges.

Store your coins offline on your computer or on a harddrive.

The official websites and GITHUB's have the wallet you need for this purpose:

Ethereum: https://www.ethereum.org/
Ethereum Classic: https://ethereumclassic.github.io/
Siacoin: http://sia.tech/apps/

Although those places that you mentioned are really popular, I wouldn't store coins on there while thinking that they are totally safe from tampering. If you do install a altcoin wallet offline, encrypt your wallet ASAP.


Thank you for your answers, I will follow your advices and protected my etc,

For my siacoin it's ok, I transfer on the wallet of the developer.

But when I click on the link for etc, I have a mistake,

[URL = http: //www.casimages.com/i/170213015140723218.jpg.html] [IMG] http://nsa38.casimages.com/img/2017/02/13/170213015140723218.jpg [/ IMG] / URL]


And this portfolio is secure?

http://Https://www.myetherwallet.com/

Cordially


full member
Activity: 140
Merit: 100
POPULOUS
February 13, 2017, 04:37:49 AM
#11
Do not store the coins on the exchanges. Exchange held for trading and not for storage. These exchanges old and reliable but you never know.
sr. member
Activity: 244
Merit: 250
February 13, 2017, 03:51:14 AM
#10
You don't own your coins if their are on an exchange. You should get an hardware wallet or keep them in the official client wallet.
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