Quote from: SistaFista on August 27, 2019, 05:16:22 AM

Quote from: Rehmanchoudhary5 on August 02, 2019, 06:33:24 AM

I've been using dex exchanges like ddex, switcheo. They asked to connect wallet through metamask or trust wallet, I'm an android user so I'm using trust wallet to use these exchanges, i wanted to ask when we connect our wallet to a specific exchange is there any possibility to stole funds anyhow?

Decentralized exchange are mostly like that, requiring you to connect your wallet.
It is very important to using reliable decentralized exchange only, because phishing attempt may be occurred on fake DEX.

People should be aware on phishing because there were a lot of victims of this kind before.
Putting a private key is actually risky, but that's only the way we access a decentralized exchange, however, risk can be minimize if we will not directly access from our main wallet to the DEX, we should have a 2nd wallet which is a bridge and it's doable since transferring tokens in another wallet is not expensive and it's fast as well.

The process is simple, in my case, I use https://www.myetherwallet.com/ or MEW for short, I have all my tokens in a certain wallet, I will make a new one, then send my tokens to the new one, that new wallet is gonna be the wallet I will link to the exchange if I want to trade.