Securing Your Cryptocurrency Investments

Discussion in 'Cryptocurrency, Finance, & Gambling Discussion' started by ob7ivion, Jul 16, 2018.

Securing Your Cryptocurrency Investments
  1. Unread #1 - Jul 16, 2018 at 12:33 AM
  2. ob7ivion
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    Securing Your Cryptocurrency Investments

    If you're actually holding a significant amount of cryptocurrency investments, definitely take time on learning how to secure them (especially if you're only leaving your funds on exchanges, because you definitely shouldn't do that)

    Jolly Roger’s Security Guide for Beginners - https://www.deepdotweb.com/jolly-rogers-security-guide-for-beginners/
    Bitcoin and Cryptocurrency Wallets and it’s Risks - Bitcoin and Cryptocurrency Wallets and it's Risks - [cryptosec.info]
    DOs and DON’Ts on Securing Your Cryptocurrency Investments - DOs and DON'Ts on Securing Your Cryptocurrency Investments - [cryptosec.info]
    Bitcoin Wallets - Which, what, why? - [General] Bitcoin Wallets - Which, what, why?
     
  3. Unread #2 - Jul 16, 2018 at 6:21 PM
  4. Fyrix
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    Securing Your Cryptocurrency Investments

    :) Holding USD pairing on my Ledger Nano S currently. Gave those links a good read, informative. Especially the one by Roger's.
     
  5. Unread #3 - Jul 27, 2018 at 1:38 AM
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    Securing Your Cryptocurrency Investments

    I really don't know if holding USDT is the way to go. Quite shady if you ask me.
     
  7. Unread #4 - Jul 27, 2018 at 3:00 PM
  8. Fyrix
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    Securing Your Cryptocurrency Investments

    I was actually talking about TUSD. TrueUSD (TUSD) price, charts, market cap, and other metrics | CoinMarketCap. Take a look at my thread tho. Paying Someone to Read a Etheruem Smart Contract (Solidity)
    They say "Banks have a legal obligation to transfer your TUSD to fiat" but you never know right.

    They show their code as all ERC20 Smart contracts do, it's more transparent than USDT.
     
    Last edited: Jul 27, 2018
  9. Unread #5 - Jul 28, 2018 at 12:29 AM
  10. ob7ivion
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    Securing Your Cryptocurrency Investments

    Oh. I've heard better things about TUSD (compared to what i've been reading about usdt, at least) though im not 100% sure as i haven't done that much research yet.

    Idk about banks being obligated to transfer tusd to fiat though. haven't read about that.

    Have you heard of DAI though? MakerDAO - Stability for the blockchain
     
  11. Unread #6 - Jul 28, 2018 at 12:41 AM
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    Uhm, I havent. That's interesting. I heard CIRCLE is creating a stable coin also.
    Take a look at this: HBUS — Q&A With Rafael Cosman of TrustToken, Creator Of The TrueUSD (TUSD) Stablecoin

    I was wrong, " The TrustToken platform deposits the asset into a fiduciary partner’s account as collateral before minting tokens that are equal to the value of the asset." I dont think they have a legal obligation but "trusted platform can be like CHASE Bank or a big trustworthy bank".
     
    Last edited: Jul 28, 2018
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