I currently use a hardware wallet to store my crypto and I’m obviously quite nervous about storing it any other way.
Obviously I have the option of storing the majority of my holdings on my hardware wallet and using my Nash account as a sort of trading/hot wallet. The only problem is that my nex needs to stay on my Nash account for staking which, as I accumulate more nex, i start to worry about the security.
When I stored quite a lot of btc of Huobi they had a number of layers of protects that almost seemed over the top.
To withdraw crypto, it will possible to set the authentication requirements to:
- enter the 2FA code, and
- enter an emailed code and
- enter a SMS code.
I set it to this ridiculous level. It was painful to withdraw funds but I felt as safe as I possibly could that a phishing attacker couldn’t get my btc. It felt almost as good as a hardware wallet (except, of course, for the risk of the whole exchange getting hacked).
I can see the 2FA is available on the site. Also I appreciate the limitations that exist with Nash being a DEX and that all these authentications might not be technologically possible. I just wanted to say, if it is possible, as a long term option to implement, that as many authentication options as possible would be fanstastic and at least two (2FA +’email code) or (2FA + sms) would be great (if possible) - although I’m awarene of the epic problem this might present and might not be technologically possible.