Is it secure payment by crypto ?

[Jalil Baloch 0]

I wanna know that whether it is safe or not just because people can steal money through transiction process so is it safe to have transiction via crypto?

[Rahul21 626]

Transferring money into crypto is of course a very secure thing because then we can securely transfer money from one place to another, so we have to follow different sites or else we must be scammed.  So crypto is the key to secure money transfer.

[Dmitriynik1985 29]

Yes it is probably safe. You may be sure that yoy cryptomoney. Bitcoin is encrypted and backed with a special system called blockchain. Blockchain uses volunteers — a whole lot of them — to work together to encrypt the transactions that happen on the Bitcoin system. thats why there is no reason to panic.

 

Even if the people involved are anonymous. That means no one can cheat, scam, or otherwise fraud the system. They’re also irreversible, so once you get your Bitcoins, or sell them, no one can go and demand their money back. With Bitcoin, it’s like having thousands of people watching your wallet to make sure no one tries to steal anything.

[Migo 7946]

If we talked about the security of transactions as a general idea then I can ensure yiu that there is nothing is secure 100%,because every time you use a new method to secure your coins, the hackers will find something to attack it, so try your best, that's all

[Soaib khan 1035]

yes crypto is secure without you fault no one steal your money use only popular wallets and double chek your wallet address then send

[Satishmolankar 1703]

For transaction you have to be very careful because in mays it can happen that your transaction will hacked and the solution is both side should be legit site and while transactions you must see the add carefully 

[Interface User 1070]

For me this is still safer than the traditional way of transaction because Crypto Currency uses some encryption techniques like cryptography and hashing to protect its data. But I think hacking and scamming happen because of unawareness of users.

[Dmitriynik1985 29]

It is nesessary to secure your bitcoins because scammers, hackers, thieves will haunting after yoyr money.

If you’re serious about investing in bitcoin and see yourself buying a significant amount, we recommend using Bitcoin wallets that were built with security in mind. Just use secure systems like wallet.

[Rudro88 371]

In Crypto I actually think it's safe to transfer money through the right site.  But you cannot be safe if you transfer money to the wrong sites.  So if you transfer money in the middle of Yobit now you can transfer money safely so you don't have to be a scam victim.

[Afrizal rahman 2636]

Yes transferring money to Crypto is very safe for us. But don't get the wrong address, because if it happens you will lose it all. So if you want to transfer money to Crypto it is possible, maybe to buy coins or invest.

[bliznec 22267]

Using the transcription process, it is not safe to have an exchange on the blockchain, because for what purpose is it intended? 

[rakib7970 217]

I think it is safe to send payment in crypto comparatively others payment. Risk is found in any payment system so it should be consider as general. But but using crypto we can reduce our risk. 

[Jimmy 437]

It's depends what kind transaction, If you doing some transaction from public network there will be chance to be hacked but the blockchain itself can't be manipulated or hacked so it's depends on the people on how they doing the trasanction.

[Andrewg420 378]

Using cryptocurrency is extremely safe and secure even if it is a decentralized type of currency because it uses the blockchain, it is like a master list of all the transactions that occur with a specific type of coin and all users who possess the coin have a copy of this list, every time a transaction occurs with these coins the blockchain gets updated for everyone, there are volunteers who monitor and add new information to the blockchain. 

[DidaNahrisya 165]

Yeah its very secure to pay with cryptocurrency, but the fees are very high like Travala charge more fees than Fiat if your book tickets by crypto

[patitaycute 648]

It was still safe to have a transaction using crypto just to be careful on the address you put before confirming it to avoid losing of crypto. You are safe to hackers as long as you protecting your private keys.

[pakjobhelp 1585]

Crypto Currency:-

The crypto currency is more flexible and only risk taker people invest and earn. The risk taker person think this is secure and you cannot lost your whole amount if you invest. The crypto currency is more secure other then trading because if the price goes down then you hold crypto currency and sold out when price goes up. 

[Sohel Rana 406]

I think crypto are secure way for payment and transection money. But most important think are which platform to use with crypto payment. 

We know crypto currency market are very risky always market manipulated and so many scams. That's why we would more careful about crypto.             

[FlappYZoK 2493]

If you weren't catched by a scammer, then it's safe to make transactions in crypto sphere. Payments are fully transparent and safe.

[Thekingcallme 1975]

Paying through cryptocurrency in terms of transfer is considered the best in terms of security because the transaction cannot be canceled or modified by any party until you

[iloveyobit 6599]

Yes, it is completely safe because no one can intercept transfers in the blockchain by using bitcoin or currencies, but there is a risk that you will be hacked and change the wallet that will  receives the money.

[Grease Lightning 169]

10 hours ago, Jalil Baloch said:

I wanna know that whether it is safe or not just because people can steal money through transiction process so is it safe to have transiction via crypto?

Well, you need to learn a lot mate. There is no one can pass your transaction because it is an end to end encrypted unless you have a thousand quantum tech behind you. Ok start learning now, you have a lot of things to catch.

[Opinder 1310]

Basically it depends on platform where you are sending and people to whom sending. Also most of the time our payments or accounts are hacked due to our own faults.  We should not click or register on any unknown links , from where hacker collects our information like phones ip address, wallets email. Thus they can trace our transactions.

[Yanadia 1517]

18 hours ago, Dmitriynik1985 said:

Yes it is probably safe. You may be sure that yoy cryptomoney. Bitcoin is encrypted and backed with a special system called blockchain. Blockchain uses volunteers — a whole lot of them — to work together to encrypt the transactions that happen on the Bitcoin system. thats why there is no reason to panic.

 

Even if the people involved are anonymous. That means no one can cheat, scam, or otherwise fraud the system. They’re also irreversible, so once you get your Bitcoins, or sell them, no one can go and demand their money back. With Bitcoin, it’s like having thousands of people watching your wallet to make sure no one tries to steal anything.

Yes agree with you . Its really benefit of cryptocurrency no doubt its more secure matters the mistaken almost happend because a human error or wrong address etc . 

[duncun007 3577]

3 hours ago, babakashi2020 said:

Yes it is secured but you also have a part to play I'm securing it. You make sure to cross check everything

i think all we have to do is check the address we are sending the money to and make sure the wallet is not in maintenance and the rest is handled by blockchain.