Categories
Geekery

ETH to Bitfinex using Smart Contracts

Do not send ETH to Bitfinex via Smart Contacts, if you’re unsure that your deposit will not be sent as part of an Ethereum contract execution, please find out for sure before sending your deposit. Most online wallets now use Smart Contacts, like Coins.ph. You can send to another local wallet first if you know how, then send it to your Bitfinex address.

But to be very sure, just use Bitcoin or other cryptos with no issues like Ethereum has.

I just found out about this after sending a few ETH from Coins.ph to Bitfinex. So be careful before sending any amount. Read, and re-read the latest instructions from Bitfinex. If you’re unsure about what you have read, then just don’t send anything.

Cryptocurrency is old, but it’s still cryptic to many, just like me.

UPDATE: I just contacted Bitfinex support and they said that they can manually process the transaction but it will take days to weeks. But hey! My ETH is not gone for good!

Categories
Internet

Beware of the Quanta Wallet Scam


If you’re looking for a Bitcoin or Ethereum wallet and somebody referred Quanta Wallet to you, please stay away from it. You can deposit your ethers, but you cannot withdraw it. So beware of using unknown wallets because somebody referred it to you. This scam wallet is available on iOS and Android. You cannot export your keys when you use this wallet. You cannot reset your password if you’ve forgotten it. And once your cryptocurrencies are deposited in the Quanta Wallet, just say goodbye to it, because you’ll never get it back.

This wallet is developed by QuantaPLC. An unknown software developer. They also have a github page with a readme file. Haha!
https://github.com/quantaplc/qnt

There are too many scam cryptocurrency wallets nowadays, so be very careful when choosing your wallet. If you want a wallet where you don’t control your own keys, always trust the big names such as Coinbase, Cex.io, and Bitfinex. If you want to control your own keys, but it’s too complicated for you to manually generate your key, or you’re to lazy to download the official Ethereum wallet at https://ethereum.org/, then use MyEtherWallet.com. At least, you have full control of your own keys and you can use it in any wallet you want.

Always be careful, always stay safe.