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Old 11-28-2017, 10:15 PM   #1252
Razor Ramon HG
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Originally Posted by JayEch View Post
Looking into getting some Ether and Bitcoin. Did some research on which exchanges to use and seems like quadrigacx comes up frequently, but this post on reddit has me worried.

https://www.reddit.com/r/QuadrigaCX/...rify/?sort=top

What do you guys think?
IMO, the post reeks of paranoia. The only valid point he raises is the SSL/HTTPS issue with support ticket forms.

He raises a bunch of unnecessary FUD in the post disguised as concern, and then tries to seal the deal by talking about how MtGox got hacked. Well, MtGox is actually the perfect example for why no one recommends holding your cryptocurrencies in an exchange. Exchanges are meant for withdrawals/deposits and trading. Otherwise, you should be keeping all your cryptos on an offline wallet. You have to remember that exchanges are not the same as holding stocks in a trading account. If shit hits the fan, no one is protecting you.

I've been using QuadrigaCX for a year now doing multiple wire transfers and Interac Online deposits without issue. I've also withdrew from it to my bank account once and it was fine.
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