Hacking is very common phenomena in the world of crypto currencies. Not just small wallets and exchanges have been hacked, hacking has occurred even on big exchanges like coinbase.
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Every cryptocurrency exchanges will try their best to make sure that they give their customers the best service also the reason why some wallet I've been hack is because a fake AirDrop, low quality password and othersIt's very possible for your wallet to get hacked ,that's why you need to invest in a secured and popular exchange platform so that the risk of your wallet getting hacked would be low
Personally I think why most persons do not make use of offline wallets or cold wallets as some might call it is that they do not know about it. Like myself I was not even aware such wallets exit until recently. Don't you think more awareness should be made or offline wallets?I am 100 percent sure that Bitcoin can be hacked when you save it in an online wallet, what is stopping people in saving it in an offline account? Never disclose your bitcoin password to anyone
I think most wallet are been hacked due to the bad security of the site , because with one click the hackers would just find it very easy to attack the site and do whatever they want to doEvery cryptocurrency exchanges will try their best to make sure that they give their customers the best service also the reason why some wallet I've been hack is because a fake AirDrop, low quality password and others
That might be true that is why it is important that we know the type of cryptocurrency exchanges we are using and this is one of the reason I don't like using hotbit, they have poor security system. Have you used it before ?I think most wallet are been hacked due to the bad security of the site , because with one click the hackers would just find it very easy to attack the site and do whatever they want to do
I have actually not made use of hotbit ,but I have people who are making use of it ,they just have to change when they see the seThat might be true that is why it is important that we know the type of cryptocurrency exchanges we are using and this is one of the reason I don't like using hotbit, they have poor security system. Have you used it before ?
Not that they are not legit, they are legit no doubt but they are always likely to go on maintenance .in this case even if you were on live trade you will not be able to access your account for some few days and sometimes weeks. this might make you to lose some of your money in your trade or possibly to gain.I have actually not made use of hotbit ,but I have people who are making use of it ,they just have to change when they see the se
That is why I don't like it , because most times some traders might not be aware of the maintenance as they are more closer to other important things that would benefit them ,and if they are probably trading that day they would just encounter issuesNot that they are not legit, they are legit no doubt but they are always likely to go on maintenance .in this case even if you were on live trade you will not be able to access your account for some few days and sometimes weeks. this might make you to lose some of your money in your trade or possibly to gain.
A Lot of user are also complaining about this, I know someone that blows over $2000 just because they went on maintenance without even giving people a single notice to quit their trade or exited.That is why I don't like it , because most times some traders might not be aware of the maintenance as they are more closer to other important things that would benefit them ,and if they are probably trading that day they would just encounter issues
That amount of money is really huge , before going on maintaince the users should be properly informed ,that's why I invest in only top exchange platform to avoid my funds been vanishedA Lot of user are also complaining about this, I know someone that blows over $2000 just because they went on maintenance without even giving people a single notice to quit their trade or exited.
Maintenance is not really my problem, there are a lot of website that have been doing maintenance but they will schedule it to a time they believe will favour a lot of people , and this will be announced, but this one they will just go on maintenance without even giving any notice..That amount of money is really huge , before going on maintaince the users should be properly informed ,that's why I invest in only top exchange platform to avoid my funds been vanished