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Topic: which trading exchange is more safe ?? (Read 5690 times)

hero member
Activity: 1246
Merit: 529
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June 02, 2017, 04:50:08 AM
Bittrex as far as i know has never been hacked and was founded by security experts. It is the only exchange I think one should really trust because almost all others have had their issues in the past whereas I've never once encountered a single problem there even during busy and peak times. Trades go in smoothly always and so do withdrawals.

I've been reading a lot of times how bittrex is secure though i haven't yet tried using it. I mainly trade through poloniex and yobit and i can say i'm satisfied so far with hiw my trades are going for me. Possible that i'll start using bittrex as well with the very good feedbacks
member
Activity: 90
Merit: 10
Bittrex as far as i know has never been hacked and was founded by security experts. It is the only exchange I think one should really trust because almost all others have had their issues in the past whereas I've never once encountered a single problem there even during busy and peak times. Trades go in smoothly always and so do withdrawals.
hero member
Activity: 2926
Merit: 722
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I want trade with my mobile .
but herey trade now growth into 0.4 btc .
Now , According to the history of exchange yobit.net & poloniex
which out of them you will suggest .
Because I heard something more complicated like ddos attack , is this true .
Now between these two which is more secure and handleable for my mobile .
I can say that don't compare an apple into a banana. Speaking on the reputation of between exchanges I can say that poloniex is far away better than yobit in terms of support and service specially on volume of market and the number of traders which uses the platform. Knowing poloniex is one of the most reputable and popular exchange as of now and for yobit theres still some users but the thing that makes them popular is about their ridiculous support system and service.
newbie
Activity: 49
Merit: 0
Poloniex is probably one of the safer options, since they do use cold storage. the only problem is that if you need your btc out in a rush, it will take some time for poloniex to withdraw your coins.
yes no doubt that polonex is good option, but i think that most of the exchanges are safe and reliable for investment, i mostly use blockchain and yobit. they are easy to access you can deposit or wedthrawl your money in no time. although there are chances and not only for yobt but about every exchange to be hacked just like bifinex, therefore i most put a limited amount of bitcoin in exchanges and mostly use multiple accounts to distribute my bitcoins there.
Every exchange has their own list of problems. Its to be expected as there is no regulation for cryptocurrency exchanges. Hacks always happen as well. I think pretty much every major exchange got hacked. The difference is whether or not they will re-compensate people. Bitfinex is trustworthy in my opinion because even though they got hacked, they still compensated users with redeemable tokens. Your coins are never absolutely secure online anyways.
hero member
Activity: 504
Merit: 500
Poloniex is probably one of the safer options, since they do use cold storage. the only problem is that if you need your btc out in a rush, it will take some time for poloniex to withdraw your coins.
yes no doubt that polonex is good option, but i think that most of the exchanges are safe and reliable for investment, i mostly use blockchain and yobit. they are easy to access you can deposit or wedthrawl your money in no time. although there are chances and not only for yobt but about every exchange to be hacked just like bifinex, therefore i most put a limited amount of bitcoin in exchanges and mostly use multiple accounts to distribute my bitcoins there.
legendary
Activity: 1596
Merit: 1011
Im having problems with poloniex while trying to withdraw my coins. it is quite slow, but I heard good things about them. You cant completely trust 100% in an online exchange. They aren't regulated by a central agency or anything.

I agree. Poloniex is having many problems in their site frequently. Try some exchanges like bittrex.Don't just settle on two exchanges because there are many sites out there and try doing arbitrage.
Poloniex is experiencing serious problems, we are certainly worried about the security of the money we invest there. We are worried about the cryptocurrency that is still stored in the exchange. I agree that bittrex is the best altrnative, bittrex is still the best besides poloniex.
sr. member
Activity: 364
Merit: 250
Im having problems with poloniex while trying to withdraw my coins. it is quite slow, but I heard good things about them. You cant completely trust 100% in an online exchange. They aren't regulated by a central agency or anything.

I agree. Poloniex is having many problems in their site frequently. Try some exchanges like bittrex.Don't just settle on two exchanges because there are many sites out there and try doing arbitrage.
newbie
Activity: 47
Merit: 0
Im having problems with poloniex while trying to withdraw my coins. it is quite slow, but I heard good things about them. You cant completely trust 100% in an online exchange. They aren't regulated by a central agency or anything.
newbie
Activity: 57
Merit: 0
Poloniex is probably one of the safer options, since they do use cold storage. the only problem is that if you need your btc out in a rush, it will take some time for poloniex to withdraw your coins.
sr. member
Activity: 546
Merit: 261
I hear poloniex using cold storage to save the trader money,so it will be safer
But currently i am using Bittrex,so far it has no problem and the trading process is fast
newbie
Activity: 53
Merit: 0
I prefer Poloniex. I used to trade / check prices when I was traveling to work. It loads very fast even with low Internet connection. I used to trade also on YoBit with my phone but I don't know why it just feels kind of strange.
And best question is how save is your phone. NEVER use the option remember password on such a website on a phone !!! I lost some other stuff that way :X
hero member
Activity: 1274
Merit: 513
For me poloniex safe than yobit.net. Because as of now yobit .net get a negative feeback from their traders. And I like polpniex because it safe because before withdraw your funds they  email to confirm it is you or not.  So its safe for the hacker for sure . And many people trust in poloniex that their funds is all safe. You can hold your funds with the poloniex you will expect no one can withdraw your funds.
sr. member
Activity: 700
Merit: 275
Poloniex would be the one if I were to choose. It is more widely used and known to all very well. Yobit received neg rating recently for not having proper handle if transactions and funds. So it is better to go with first one as you will find more trust factor inclined towards it. Also I personally use poloniex.
sr. member
Activity: 476
Merit: 250
I think poloenix is better than yobit, Although often exposed to DDOS poloniex never conceded. But if you want to be more secure try to use bittrex exchange for trade.  Wink
legendary
Activity: 3276
Merit: 2442
April 12, 2017, 05:21:44 AM
They all are trusted until they ain't. You'll never know what stupid things the exchange owners are doing until they get fucked up. Look what Bruce Wanker gonna tell you about the Bitfinex hack:

https://www.youtube.com/watch?v=f7yVyIPATWc

You'll never be safe with the exchanges.
hero member
Activity: 882
Merit: 500
April 12, 2017, 05:18:12 AM
#99
I want trade with my mobile .
but herey trade now growth into 0.4 btc .
Now , According to the history of exchange yobit.net & poloniex
which out of them you will suggest .
Because I heard something more complicated like ddos attack , is this true .
Now between these two which is more secure and handleable for my mobile .
Trading in exchange is not a tedious task , you can do in mobile as well as in PC according to your recruitment but here a big thing is that for which exchange you should start with .
Here I need my opinion every exchage is secured but still high skill of hacking people made attack , so it is more better that put your bitcoin amount only which you will use for the trading .
Here I will suggest you for yobit.net ( in case of newbie ) and will suggest Poloniex or bittrex if you are small trader now .
hero member
Activity: 1526
Merit: 596
April 12, 2017, 04:52:12 AM
#98
There are few trusted exchanges where you can send your money without big risk, because there is not a big chance that the site will be suspended in the moment when you deposit.
But the biggest concern about converting is not having access to the private key, so you should reduce the time when exchanging as much as possible.


Poloniex is probably most reputable exchange you may use, the volume is really great which means a good rates, that is why I suggest using it.

Many of my friends use also btc-e but their have many requirements and different rules, but if you live in US then it will be also a good choice for you.
sr. member
Activity: 868
Merit: 289
April 12, 2017, 03:21:20 AM
#97
I want trade with my mobile .
but herey trade now growth into 0.4 btc .
Now , According to the history of exchange yobit.net & poloniex
which out of them you will suggest .
Because I heard something more complicated like ddos attack , is this true .
Now between these two which is more secure and handleable for my mobile .
Yobit is good to any newbies in this industry,  although there are lot of people out there are against with the flow of the system of yobit due to there are lot of shit coin in that exchange site. And Poloniex was a very good trading platform were there is no shit coins that has been listed in their platform and never been involve in any controversies issues. which it can be considered as good exchange site in term of doing trade in the market.

newbie
Activity: 14
Merit: 0
April 11, 2017, 05:22:59 PM
#96
Poloniex is definitely a better option when it comes to security. If you need more information, you can find them here.
hero member
Activity: 2912
Merit: 556
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April 01, 2017, 01:07:41 AM
#95
In my opinion Poloniex is the best and biggest crypto trading site thats why majority of traders are there. If you are in doubt try to split up your bitcoins to different crypto trading sites of your choice. In my case Im using Poloniex, Bittrex and CCEX.

Certainly, Poloniex is the best exchange because there coins is very high volume, it mean majority
of traders are there. But I am also use Bittrex Exchange for sometime I think it's good trading exchange too.

i am agree with you and i am choose poloniex as my main website for doing trading, beside polo i am also use bittrex like other traders in here. bittrex can be second option to do trading because i see bittrex have a large of coin list and the chance to make big profit is open, like coval in yesterday that suddenly gets pump until 15100%. i was shock and i am a bit sadly because i don't traded coval, if i traded it, i can not imagine how much i can get the profit.
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