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RE: Using the Bancor Protocol, It’s Easy Peasy

in #bitcoin7 years ago

I might be way off but isn’t this an online wallet hosted on Bancor’s server? Assuming you trust them this is fine but if they aren’t using proper security(like any exchange) you could still be hacked. So an offline hard wallet still is king, correct?

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Correct. I did mention the wallet was beta and to use small amounts. Just position size according to the risk and then if the worst happens your still ok.