Bittrex adds excellent default Security feature, should be mandatory on all Exchanges
Bittrex just recently improved security by default for it's users. As all exchange users should be warned, even with 2FA your exchange accounts are extremely vulnerable with phishing. Bittrex does have additional options to whitelist your static IP(which is extremely advised) but now as default, you will be alerted when attempting access from a new IP.
This now requires confirmation of the new IP via email. Unless you've been severely compromised this is a very good additional safety measure. Whitelisting your static IP is still advised for even greater security.
Bittrex should certainly be given praise for enabling this as a default check. Perhaps this was in response to growing phishing attacks. I personally believe all exchanges need this as default measure. Good job Bittrex!
Security is all about layers. The more layers they add the harder time an attacker has getting access.
Glad to see this new feature implemented.
Additional tip: Bookmarking the Bitterex site (or whichever exchange site you use) and only ever visiting your exchange from that bookmark is also another good additional layer of security.
that s good
Thanks for the heads up:) tip!
Thanks for the update
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Thanks for the good information...^^
this is why I like bittrex and moved to them for centralized trading.
I just notied this too the other day - nice to know they are looking out for us. I am so much happier trading there - I used to be on polo but it just became too much. Sometimes there is not enough volume on some of the coins on Bittrex but that is another issue - the main coins exchange well on Bittrex. Thank you the update i will follow you to keep an eye on further developments.
This is a good one. Coming from a bittrex user.