Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: Harryhwilliam on January 17, 2020, 11:37:19 AM
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Please help me to investigate whether my cryptocurrencies are secure or not? Or the things/factors to consider for trading exchange (Platform) where we are trading or where we should trade or create portfolio? Thanks
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Use a reliable wallet (any of the top 10).
Use a reliable exchange (any of the top 10)
Use all safety measures (2FA, cold wallet, etc.)
And always think with your mind and calculate your risks.
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Please help me to investigate whether my cryptocurrencies are secure or not? Or the things/factors to consider for trading exchange (Platform) where we are trading or where we should trade or create portfolio? Thanks
Must create 2FA factor by google authentication, email confirmation and cell phone confirmation if these opportunity here has. If you did these then one case may fail but another factor must save you. Must secure your private key from others so that you are quite safe.
thanks.
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Well no cryptocurrency that you keep on an exchange is secure. If the exchange gets hacked or the owners just decide to run away your funds will disappear in a minute. Also the online wallets are sometimes insecure. The best way to keep your cryptocurrencies is to use hard wallets. If you have to use an exchange use the best ones like binance or bitfinex
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Yes, I think they are secure this is the key concept about cryptos but the question is all cryptocurrencies are private? Then the answer is no, only privacy coins are private.