Post
Topic
Board Announcements (Altcoins)
Re: ⚡🚀⚡PRE-ANN: XBrick - World-class crypto currency exchange ⚡🚀⚡
by
cryp24x
on 19/05/2018, 16:45:45 UTC
Xbrick is an exchange wallet that you can store your coins safe and sound. Traders will enjoy a discount for Tx fees while trading if they have Xbrick token on their account. Having a secured trading platform like Xbrick will make us at ease about our digital money stored in it.

That is a big NO, Exchange wallet is never a safe place to store your coin, external cold wallets are still the preferred wallet to store your cryptocurrencies. Nothing is secured now a days , even banks get hacks and there were so many cases already of hacking on different exchanges, even the top ones. Let's learn to be more vigilant in storing our coins.

All you said is true mylifeisfullofalts nothing is secured nowadays even the slight security issue on every exchange can be subjected by a hackers attacks. So we must be observant and don't always rely on exchange to be your crypto storage. You must use a hardware wallet just to be secured and back up all of your files just to be secured.

That is right. The moment you transfer your tokens in exchange. That's when the security risk comes. But we don't have a choice because that's the only place we can sell our tokens.  So whenever you want to trade. Put only what you needed. Don't put all of it because it may get hacked.

Even if they said that everything and everytime you login into your account on any exchange there are still uncertainty that it can be hacked. We must keep in mind that our own security is on our hands so dont always rely on the exchange and other platform and base on their So-called security features.

I always panic whenever exchanges are under maintainance, every minute every hour the exchanges are down i can't help but think negative things. Some exchanges  doesn't announce their maintainance schedule or sometimes they just do impromptu. This is why i don't keep all my coins on exchange wallet.


I know how it feels, any delay on the transaction is really frustrating. And we can't help but think of negative possibilities it may bring for our security. Maybe one of the reasons why XBrick keeps personal information to keep every user updated to any communications, announcements, and updates. Good to know that you have your own precautions to secure some of your tokens on different wallets coz I do that too for the same reason.