Security of portfolio tracking apps | Bitcointalksearch.org

mu_enrico

copper member

Activity: 2324

Merit: 2142

Slots Enthusiast & Expert

Quote from: Midoproj on May 25, 2018, 02:31:10 AM

Quote from: TryNinja on May 24, 2018, 05:12:10 AM

You can keep your Binance API's (and most exchanges) read-only. This means that no one can use your API to trade with your account and cause something similar to what happened with he Binance "hack".

Thanks a lot, that sounds like the solution I was looking for. Do you happen to know which exchanges support that feature?

Puting all your coins in the exchanges is a bad idea. They are vulnerable to attack and often fails to protect users' coin. Thus, the best practice is to save your coin in your wallet and use blockfolio or other apps, then input the number of coins manually.

Midoproj

jr. member

Activity: 65

Merit: 3

Quote from: TryNinja on May 24, 2018, 05:12:10 AM

You can keep your Binance API's (and most exchanges) read-only. This means that no one can use your API to trade with your account and cause something similar to what happened with he Binance "hack".

Thanks a lot, that sounds like the solution I was looking for. Do you happen to know which exchanges support that feature?

TryNinja

legendary

Activity: 2758

Merit: 6830

You can keep your Binance API's (and most exchanges) read-only. This means that no one can use your API to trade with your account and cause something similar to what happened with he Binance "hack".

Andalin

newbie

Activity: 33

Merit: 0

You don't have to use DELTA with the API, just enter manually all of your trades (can be a bit long in the beginning to put everything in it, but after you just get used to do it after each trade)

I use DELTA this way, never used the API.

Midoproj

jr. member

Activity: 65

Merit: 3

Hello altogether,

so far I have been tracking my portfolio and every single trade via Spreadsheet. However, as I collect more and more coins I am considering to switch to a portfolio tracking app (Cointracking, Blockfolio, Delta).

As these apps mostly function via APIs, I am a little worried since I can remember that the latest Binance hacking attempt (late Feb, early March, I believe) involved APIs - although I must admit that I am not exactly a tech-literate.

Therefore I wanted to ask, how secure these apps are (especially I was considering Delta) and if I can use them worrilessly?

Regards and thanks

Topic: Security of portfolio tracking apps (Read 160 times)