Post
Topic
Board Service Discussion (Altcoins)
Re: Dex exchanges are safe?
by
AliMan
on 20/10/2019, 13:23:22 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?
If you not sure to this exchange better to avoid connect your wallet to any exchanges. It's to be safe than to sorry later. Some exchange don't have secured site. There's some ways to use some exchange that don't need to connect your private wallets like trust wallet. Be more vigilant now a days their's a lot of fraud in crypto.

Find those much secure exchanges other than dex if that feels so bad, as you think of. That's already happening on most decentralized exchanges, because our online wallet was vulnerable to cyber attacks used by hackers and who did fraud actions on crypto. This cannot be tolerated and it must be avoided by preventing ourselves to deal with these exchanges. The best that we can do in order to stay away from these exchanges, try to divert with hardware wallets someday.