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Deleted member 1603965
Guest
Thank God I always used to sell my crypto received from clients on WazirX for fiat.
Otherwise would have been so screwed right now.
Thank God I always used to sell my crypto received from clients on WazirX for fiat.
Otherwise would have been so screwed right now.
- Oct 25, 2018
- 2,233
- 9,564
Made an exit earlier this year from wazirx. Ended up paying 30% tax. No regrets.
Never again with an exchange.
Never again with an exchange.
- Sep 10, 2010
- 11,811
- 26,653
Just saw the news as well. Not your keys, not your money. 
edit: The scary part is that it was a multi sig wallet that got hacked. No idea how the hacker managed to do that… Probably half of the quorum got hacked or something.
edit: The scary part is that it was a multi sig wallet that got hacked. No idea how the hacker managed to do that… Probably half of the quorum got hacked or something.
- Dec 3, 2021
- 1,810
- 2,638
If you're holding your crypto in an exchange, you'll get screwed sooner or later. Either because of a rug pull, a hack or because of government policies.
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- Apr 27, 2016
- 6,349
- 2,538
Always store your wallet in a ledger.
D
Deleted member 153927
Guest
they want to close and they did that
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Deleted member 153927
Guest
wazrix exist scamJust saw the news as well. Not your keys, not your money.
edit: The scary part is that it was a multi sig wallet that got hacked. No idea how the hacker managed to do that… Probably half of the quorum got hacked or something.
multi sign wallet can't be hacked unless you store keys on servers
- Sep 10, 2010
- 11,811
- 26,653
DarkNebula
Newbie
- Jul 18, 2024
- 2
- 0
Who done this ? Any news ?
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Deleted member 153927
Guest
Elliptic Says North Korea Behind Attack
- Jun 16, 2020
- 3,387
- 3,363
Ledger and hardware wallets is the key imo. No exchanges unless you are cashing out everyday as you receive payments.
DarkNebula
Newbie
- Jul 18, 2024
- 2
- 0
But the news says " The exploiter is actively selling the stolen tokens on the onchain exchange Uniswap. "
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Deleted member 1603965
Guest
This is what I was doing on WazirX so far. Used to cost me a lot in terms of TDS and fees but it was a good way to safely convert USDT to fiat.
P2P selling would have meant possibility of scam money hitting my bank account.
IDK where I would be able to convert crypto to fiat now.
- Oct 25, 2018
- 2,233
- 9,564
A lot of people get their bank accounts frozen due to this. And getting it back is tough. If the complaint is filed 2000kms away, you'll have to travel all the way to that police station.
TDS is only 1% when you sell, the real tax hits when you file your return, have to pay 30% tax.
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Deleted member 1603965
Guest
Exactly. And there is always a possibility of the policemen trying to extort you to get your name cleared as well.
P2P is an open invitation to trouble. I said this very same thing in a thread where the OP was trying to convince people to do P2P trading as a business.
- May 27, 2016
- 11,214
- 2,553
Not your keys not your money. That's why the amount I leave in crypto exchanges is minimal usually close to 0$ or 0$.
Seo_Godfather
Newbie
- Jul 18, 2024
- 42
- 15
Never heard of ''WazirX''...did some research, it's something in India, is it a wallet or an exchange?
pennyweight
BANNED
- Nov 17, 2021
- 883
- 519
When will you guys learn.
CEX = SHIT
CEX = SHIT