8 ways people lose their crypto stored on exchanges

[Sonia Ali 507]

You are perfect my friend You come here very soon, have shared the talk and very good people know In my love, people who did not know about it, you have understood well about it. I request you to share the next time in such info too. 

[Aroosa Malik 219]

Very important points for all members. Thanks dear for sharing such a huge knowledge with us. I hope people will avoid this and save their money as well.

[Arslan Ch 2163]

A good topic to discuss as it is very important and alarming issue as Someone can loose all of their assets stored in any exchange if Don't give attention to the Points that mentioned in the topoc.Its true that we must be alert and careful always about our online earnings amd accounts as there are many chances of getting scams.

[Mr.Rayan 2]

Thank you, my friend, this post is very useful, especially for beginners. When starting to work, you have to set rules and conditions to avoid errors like the ones you mentioned in your post, and the most important thing in my opinion is the password, as it is the key to the collapse for the user.

[Henri1111 120]

I think there are a lot of coins on the exchange list. Can have a positive effect on their reputation. Use it for swing method. The problem is only related to the volume, it is necessary to create better volume for their coins to create programs like airdrop and payment program.

[selfmade 7]

On 4/4/2020 at 10:44 AM, AkaCrafterCZ said:

5. Phone with 2FA app is broken or stolen

Google 2fa has such risks, but there are 2fas which have back ups so even if you lose or break your phone you can still recover the 2fa for all your apps.

[Mfe 109]

I think there are very simple mistakes that people do, that lead to the loose of their coins, or let me say crypto currency online, first you should not reveal your secrete key or password to anyone and always be vigilant about it

[Jack07 316]

You are right that if we do not keep the exchanger with good security system then our crypto will be hacked or stolen.So we will enable all the security systems in Exchnager so that our cryptocurrency will be safe.

[Malikjnb 1235]

Your post is very useful for me and thanks for sharing this useful post. I think some people involved 3rd party in it . I think many people will take benefit from this useful information and use it. I use it to avoid being exposed to hacking their balance in the future.

[Aqsa1234 142]

I think most of the people do not know this thing and they have to passed unfortunately by this 

[Rozy 1918]

Very valuable information , and wat caught my attention is when a mobile device get stolen , there must be something we can do. Some people only access their accounts through mobiles and they do not even know their password so when the mobile is gone then the whole crypto investments are gone too and this is so sad.

[guatazoo 7150]

On 12/29/2020 at 5:23 PM, selfmade said:

Google 2fa has such risks, but there are 2fas which have back ups so even if you lose or break your phone you can still recover the 2fa for all your apps.

This really giving me a hard time of requesting for 2fa disabling from the platform thats I used when I'm lost my 2fa, so can you tell us on how I can backup my 2fa?

[David84 1191]

I really like your topic ... I think it should be printed and hanged in every investor's room in order to see it everyday and never forget to follow it ... these are precious advice but unfortunately I have heard about an incidents when all the deposits where stolen despite the two factors authentication F2K ... I am amazed how the hackers managed to do that.

[Momo_064 1281]

Thank you very much for writing this valuable post. Yeah people make such of these mistakes and they loose their fund in exchange. We shouldn't keep funds in an exchange for a long time and we should use very good and secure exchange and we should be very careful from these mistakes. This post is very useful and helpful for us. 

Edited January 8, 2021 by Momo_064

[Afreen603 307]

Thank you for sharing this advertise and it is useful and helpful for many members here.We all needs to read these all points and understand them all. The most common mistake is that most people create weak passwords.But our passwords should be very strong.

[Zotac Rx470 27]

There are many of the reasons behind this. If we want to make our Crypto save and the secure one than the other in the exchanges. Then we have to work hard in The Crypto talk and try to make the good and the secure password in the exchanges.

[Alexbhatti 1492]

Wow, it is much needed information and suggestions about losing money. All the reasons here are most common reasons of losing money. Every points you have discussed should be known by all members specially new and beginners, because they are the mostly become victims of scam by the scammers.

[Sykkuno 2887]

I don't think anyone forgets they have funds in a wallet or exchange. If they do that, they must have not put the right amount of effort in what they do and just didn't care a lot about their investments, meaning they only got lucky. 

[Ayatpossible 201]

Really true issues you said. Many new peoples are losing their money with the trap of scammers. Recently I'm seeing an ad on socials medias like, invest $100 and get $1000, invest 500 and get 5000, invest $1000 and get $10000. Only foolish peoples are investing on it and losing total money.

[Hadia2005 34]

I don't know about it please explain it. I am going to real all the reply I think every message will be informative. Thanks for the post :3

[Ali Rao 161]

Ohhhh really have a very good information we have thank you so much for your kindness you have shared lot of information with us and this is very helpful for us. Thank you

[M arbaz 294]

Hi my dear. You're welcome. It's not suggested to keep your trading profits and funds in an exchange for long time. Nowadays, more centralized exchange sites are making the huge scam exit. This helpful post for everyone. I read your article and learning about exchange security. Exchange must pay attention on keeping their customers safe.

[teebasas 3018]

There are many people who use the platforms as a currency store and I never do that, but I keep the amount I want to work with only and when the amount increases, I withdraw it to my wallet because the wallet is better than the sites and platforms, even though they are secure sites, they cannot be used as a wallet.

[merlina54 14]

 

Very good information friend, what you say is really important, I have a problem and that is that they try to phish me every 3 months or so I receive emails from different accounts saying that I asked to change my main email and that if it was not me I would get involved in the link below. That always scares me, I don't know how to make that kind of email stop coming.

 

I told a friend about it and he explained that it was phishing and that he never opened that kind of email. So I consider that this type of information should be disseminated, many fall into it daily for not knowing.

[Fatima Alre 766]

Yes this is right and the most important is that we should be aware of scammers and not open any link if we don't trust it ..thanks for this helpful post i reaaly need it right now to be more careful because everyone could make a mistake and loose everything