Post
Topic
Board Service Discussion (Altcoins)
Re: Dex exchanges are safe?
by
nanaimogold
on 09/09/2019, 21:37:45 UTC
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?
Since I started login my private key or my real wallet in a Decentralized Exchanges like etherdelta, fokdelta, Ddex, I didn't experience about losing funds between them. But I can hear saying that their funds get stole. So I think they did not notice that maybe they are login into the phishing sites, so be cautious all the time.

DEX are technically safer than CEX but not totally a hundred percenter because there has been a case of such hack where multitudes lost fund with Ether delta which led to some legal actions and fork to Forkdelta. So don't leave huge funds in wallets connected to an exchange