Quote from: CodyAlfaridzi on December 19, 2019, 07:37:26 AM

Quote from: EmmaTalks on December 19, 2019, 05:25:13 AM

Since exchanges have had a history of being prone to hacking, does any crypto exchange offers security strong enough that helps to prevent this?

I think to enhance security, the exchange must sacrifice customer convenience. Most hacking happens to exchange that implement automated hot wallet withdrawal. Automated withdrawal is a convenience but poses a big risk for hacking because any withdrawal that requested below a certain amount would be done without checking. For best security practice, I think manual, batched withdrawal is the way to go. Take Bitmex for example, they implement a daily, manual withdrawal and I haven't heard them getting hacked.

They say, "if there's a will, there's a way" so it is necessary for them to implement a program that will enhance the security of the exchanges for the customer to become more comfortable when dealing with crypto exchange.

There are some trading bots that isn't being hacked because of the quality of its security even when you don't monitor it.