You shouldn't be searching for everything in one exchange, they might have good Security but their fees will be high, you can't really have everything. As for exchanges that have never been hacked - there are many of them that have never been hacked, but if you check these and compare with the ones that are hacked, I don't see what can make these ones not to be hacked unless they will learn from others and upgrade their security.
Hackers usually target the big exchange that everyone always has in mind, maybe because they believe it's where they will get a huge amount of money. And being a big exchange means you will have a better security and everything that's needed to keep an exchange secure, but they still get hacked. But there's one exchange I saw on Forbes that goes by the name Nash, and they claim to have figured a way out for this problem by letting users be in control of their money until it's time to trade.
Topic: Which Trading Exchange Platform Has Never Been Hacked ? (Read 542 times)
Never been hacked exchange sounds good right, But I also like those exchanges that have been hacked but they have reimbursed the hacked amount to user's accounts. There is no perfect security but I like the Genuity of some exchanges when bad things happen some exchanges like Binance have insurance fund and they can easily reimburse any loss amount I heard they been hacked about 7000 BTC before. Some small exchanges that are experiencing it most likely going to shutdown.
I think all exchange platforms can be hacked, many exchange platforms have tried to protect their security systems,
and so far I think Binance, Coinbase and Bithumb are good exchanges in terms of security, hopefully they are even better
and so far I think Binance, Coinbase and Bithumb are good exchanges in terms of security, hopefully they are even better
On the one hand, exchanges that have never been hacked look more secure.
However, you need to understand that those exchanges that were subject to hacking subsequently eliminated their specific vulnerabilities, which cannot be said about their untouchable brothers.
However, you need to understand that those exchanges that were subject to hacking subsequently eliminated their specific vulnerabilities, which cannot be said about their untouchable brothers.
Coinbase, Etoror, Ftx,Primexbt, Bitmex these are the ones I can think from the top of my head which I think have never been hacked at least thus far. Though, this may just be due to improved security or else no targeting attempted as hackers probz went for the lowest hanging fruit!
I'm not sure that because any exchange will have security holes and if it is a small sum they will not be public. Of course, if that exchange has lost more than $ 10 million, surely everyone in this market will know soon, so be careful before you deposit into the exchange. I often use Huobi because this exchange is great for investing and is the largest exchange in the crypto market.
Coinbase, Etoror, Ftx,Primexbt, Bitmex these are the ones I can think from the top of my head which I think have never been hacked at least thus far. Though, this may just be due to improved security or else no targeting attempted as hackers probz went for the lowest hanging fruit!
coinbase's name has been peppered throughout this thread. supposedly they've never been hacked before, but an insider recently suggested otherwise.
Coinbase was once hacked and nobody knows about it, alleges author
coinbase denies his claims:
Coinbase was once hacked and nobody knows about it, alleges author
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Roberts explained on Unchained: “Coinbase likes to boast they’ve never been hacked—that’s not actually true.”
“In the early days when there were just five of them; Charlie Lee and Brian [Armstrong] and Fred Ehrsam, and a couple of other folks. One of their vendors did get in and rob their hot wallet to the tune of $250,000. I can’t remember how many Bitcoins it was at the time, but it was a lot,” said Roberts, adding, “This was a long time ago of course, this was 2013 or 2014.”
“In the early days when there were just five of them; Charlie Lee and Brian [Armstrong] and Fred Ehrsam, and a couple of other folks. One of their vendors did get in and rob their hot wallet to the tune of $250,000. I can’t remember how many Bitcoins it was at the time, but it was a lot,” said Roberts, adding, “This was a long time ago of course, this was 2013 or 2014.”
coinbase denies his claims:
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Coinbase replied to Decrypt, "The account is inaccurate. I can share more off the record."
That's correct. As ordinary as DDOS is, most exchanges can still get attacked by it. That is why they undergo regular maintenance. I feel its not just about how secure an exchange is, but a matter or interest to hackers too because if they are keen, they will hover around waiting for the least secure moment to attack.
DDOS attacks usually don't cause a loss of funds to the customers of an exchange because they do not target the private keys but rather the network infrastructure of the exchange. It only causes inconvenience and downtime.
There is no guarantee that an exchange will not be hacked in the future because all exchanges are running similar technology stacks for which documented vulnerabilities are discovered, filed as CVEs and patched, or worse, the exchange is running outdated software. Whether that's true you'll never know because they don't disclose what software they are running.
I am only aware of KuCoin and Bittrex, they have a very strong security and have not heard of anything related to hack from those exchanges
I think that all cryptocurrency exchanges were subjected to hacker attacks and all exchanges thus lost cryptocurrency. It's just that if it's a small loss, no one tells us about it. For me, it is more important how the exchange behaves in relation to traders, whether it compensates for losses or not.
However, for big exchanges like Binance or Huobi, they have huge money and always have a backup fund if something goes wrong.
I am only aware of KuCoin and Bittrex, they have a very strong security and have not heard of anything related to hack from those exchanges
I am on KuCoin from their beginning, occasionally on bittrex, it's true that they were never hacked! That doesn't mean these two exchange will never be hacked, but as I follow security is their high priority! I have a hundred dollars there all the time, for trading and fun, and I don't worry about my funds there. I believe that KuCoin will be very responsible if hack happens, they will refund all who lost something, they are too big to spoil that for some stupid hack, they know if they refund people will continue to use them.
I am only aware of KuCoin and Bittrex, they have a very strong security and have not heard of anything related to hack from those exchanges
I think that all cryptocurrency exchanges were subjected to hacker attacks and all exchanges thus lost cryptocurrency. It's just that if it's a small loss, no one tells us about it. For me, it is more important how the exchange behaves in relation to traders, whether it compensates for losses or not.
Could it be that the exchange didn't announce their hack incident? Protecting their business name so clients will continue to trust them. Lots of the exchange weren't hacked yet and this we know because there was no news about it.
nothing can't be hacked, so be careful when saving funds in exchange
As far as I know, Coinbase wasn´t hacked, the second biggest crypto exchange after Binance. Binance succumbed to a hack attack last year, so now it is making Coinbase the most secure one, right? 
But the question is when finally we will have hackers-free market, I do not understand that is so easy to steal money from exchanges without any punishment.
But the question is when finally we will have hackers-free market, I do not understand that is so easy to steal money from exchanges without any punishment.
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I want us to rate crypto exchange platforms based on these parameters.
* Global geographical usage.
* Never hacked before
* low transaction fee.
Which of the cryto trading exchange meet this criteria?
* Global geographical usage.
* Never hacked before
* low transaction fee.
Which of the cryto trading exchange meet this criteria?
To date, there are no services in the cryptocurrency markets that have a good history or meet all of the factors you have blunted. Yes, there are no services because every service has experienced big or small hacking incidents. For example, Binance was unfortunately hacked before, although it did not encounter a hacking incident that caused user victimization.
It is possible to say the same sentence for Bitfinex and Bittrex, but for some services it is unfortunately not possible to say this. Today, although some of the new services have not yet encountered hacking, there is no guarantee that they will not. For example, although the FTX service has not been a victim of any hacking incident so far, this does not mean that it will not experience such incidents in the future.
There is no safe system that's for sure. If systems are upgrading and so the hacking skills too, that is also why every exchange should check their security access once in a while to see if there are holes or gaps to fill in, that way they can partially guarantee the safety of their platform. 
Could it be that the exchange didn't announce their hack incident? Protecting their business name so clients will continue to trust them. Lots of the exchange weren't hacked yet and this we know because there was no news about it.
Could it be that the exchange didn't announce their hack incident? Protecting their business name so clients will continue to trust them. Lots of the exchange weren't hacked yet and this we know because there was no news about it.
then i would say its Coinbase. So far this exchange doesnt have any issues when it comes to breaches or some sort.
This may be a best exchange on security features but their customer service really sucks and its getting worse year by year. Even though they don't care about the customers who have been trading there for years at all, they might simply freeze your account for any reason and will make you wait for months to recover the frozen funds, so pick exchange with better customer service is also important.
As far as I am aware, BitMEX has never been hacked, neither has ByBit or FTX.
BitMEX suffered an email data leak a while back after an employee accidentally CC'd everyone in an email, but that's about it.
I think you will find that derivatives exchanges—for what ever reason—tend to get hacked less.
Maybe it's because they dont need to serve as many withdrawals so have less in the hot wallet, but who knows.
BitMEX suffered an email data leak a while back after an employee accidentally CC'd everyone in an email, but that's about it.
I think you will find that derivatives exchanges—for what ever reason—tend to get hacked less.
Maybe it's because they dont need to serve as many withdrawals so have less in the hot wallet, but who knows.
then i would say its Coinbase. So far this exchange doesnt have any issues when it comes to breaches or some sort.
This may be a best exchange on security features but their customer service really sucks and its getting worse year by year. Even though they don't care about the customers who have been trading there for years at all, they might simply freeze your account for any reason and will make you wait for months to recover the frozen funds, so pick exchange with better customer service is also important. 
Usually exchanges that have never been hacked are new exchanges, which have no known track record and are also prone to scams.
I better choose exchanges that have been hacked, but are popular and have real volume. In my opinion exchanges the closest to the
criteria mentioned in the opening post are Binance, Kucoin, Okex and Coinbase. Because good exchanges must be the target of hackers,
it is therefore very difficult to find good exchanges but have never been hacked.
I better choose exchanges that have been hacked, but are popular and have real volume. In my opinion exchanges the closest to the
criteria mentioned in the opening post are Binance, Kucoin, Okex and Coinbase. Because good exchanges must be the target of hackers,
it is therefore very difficult to find good exchanges but have never been hacked.
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