February 5, 2023

Turkey hosted the second CRYPTO IZMIR event

Article reading time:
2 minutes.

Turkey hosted the second CRYPTO IZMIR event

Last Saturday in the city of Izmir, Turkey,the second CRYPTO IZMIR event was held, dedicated to the security of using centralized exchanges, the choice of crypto wallets, staking and work in the industry.

In the first part of the event, the speaker talked about staking and farming and the differences between these types of investment. However, the main topic was the security of using centralized exchanges.

The basics of security at CEX, according to the speaker, are:

  • Using Google Authenticator

  • Using one phone number for one exchange

  • Installing a trusted wallet for cryptocurrency withdrawal

  • Installing a trusted wallet can protect againstchanging the wallet address in the source code and this is one of the best ways to deal with popular hacking methods. In order to demonstrate the practical use of the exchange, the speaker broadcast the interface of the BitGet exchange on the screen, where he showed how to maintain maximum security, use P2P and start trading even on a demo account.

    The method of fraud and deception was also consideredartists using NFT. An unknown person wrote to one artist who is a member of the CRYPTO IZMIR community on Instagram and offered to buy a painting for $2,000. However, since the buyer is far away, he offered to mince the painting and make an NFT. The most interesting thing began when the buyer suggested using not Rarible or OpenSea, but an unknown Bubblecherry resource.

    The artist was already planning to send money for gasfor mint NFT, but after talking with the founder of CRYPTO IZMIR, it turned out that this was a common scam and the so-called “buyer” wanted to get money for mint NFT and disappear. There have already been negative reviews about Bubblecherry on the Internet. US artists have complained that they sent money for a NFT mint and then the buyer stopped communicating.

    In the second part of the event,options for choosing crypto wallets, their security and ease of use. For example, JAXX, XAPO, SafePal, TREZOR, LEDGER and wallets of centralized exchanges were considered. After that, there was a crash test of the artbit idea, where everyone was able to assess the potential and find the vulnerabilities of this startup. We finished the second part with a charity auction, where we sold NFT CharityChain “CRYPTO IZMIR”.

    The last part discussed the possibilitiesjobs in the crypto industry and what are the most popular and sought-after professions on crypto exchanges. Many people have the basic skills to work as a BD or a community manager, but in order to show yourself well in the crypto industry, you need to at least know the terminology and be aware of the news, so the speaker advised reading top crypto media.

    As a reminder, the first Blockchain Education Conference in Izmir took place in December last year.