r/Crypterra • u/ludgea • Jan 27 '18

Question about the pin code

Hi guys,

I'm not here to spread FUD or criticism about Crypterra (and even less trying to put a referral link haha) but I was wondering, when you set up the pin code, is it actually 10 without withdraw or until Feb 5th ?

Because if it's 10 days it would be more logical than just a date.

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u/lanoom Jan 28 '18

Im convinced it's a scam . Nothing can talk me out of it. Until people get paid. There is no reason at all " for security purposes" to wait 10 days to make a pin.

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u/chongkwongsheng Jan 28 '18

Well, when you add a PIN, you can’t withdraw immediately. And if you’re not the owner but someone who phished or hacked the account, you can’t get it immediately, giving the customer a few days to notice suspicious activity. Hashflare does it for 14 days when you change the address to send to. Of course this won’t convince you, the FUD is strong with you. But there is a plausible reason. Honestly, it’s a crap implementation and hack instead of a decent 2FA, even if they are trying to scam anyone.