Topic: Exchange or wallet? (Read 1401 times)
Exchange for me is more suitable for trading. Whereas if want to saving, i use wallet qt, so it's safer because control over the coin we have is entirely on us and not by exchange.
If you want to exchange coins you need private key to exchange coins.
Nonsense. You don't need private key to exchange coins.
Coins wallet is needed to get you coins from exchanger.
Isn't that obvious? 
I prefer exchange. Because with that, i can trade with available tokens. So that, Waves i hold can increase. Sure, that's make better than hold it.
But what if someone hack exchange and you lost all tokens? Isn't it better to hold your tokens in wallet where they are safe? 
Yes. To save, of course wallet is more secure. Because we are holding, not the other side. So full control remains in our hands without need to follow any rules like on exchange.
What is more safe to save coins? I don't know if is online platform better then exchange? I have some Waves and some ETH. Waves has online Chrome add-on which is similar with saving Waves on exchange.
What do you prefer? Has Waves wallet 2FA authenticator?
What do you prefer? Has Waves wallet 2FA authenticator?
Wallets of course! never hold on exchanges more than you can afford to lose. Just check how many exchanges are gone in past few years.
Disappearing with user funds or user funds 'being hacked'...
Your own wallet. Always.
Exchange can run away with your money, your wallet can't.
Just keep your private keys very close, that is the point.
Exchange can run away with your money, your wallet can't.
Just keep your private keys very close, that is the point.
I think both have the same security as long as do not forget to install google authenticator or 2FA in our account exchanger.
if it's GA or 2FA install, I'm sure it's safe enough.
according to my own experience even my coins are safer in the exchanger than in the wallet because my wallet had been hacked so all my coins are gone.
if it's GA or 2FA install, I'm sure it's safe enough.
according to my own experience even my coins are safer in the exchanger than in the wallet because my wallet had been hacked so all my coins are gone.
To save your coins in Hardware wallet is the best think you do , Exchanges are used for trading not for save your coins and it liable to risk of hack and scam .....
I prefer exchange. Because with that, i can trade with available tokens. So that, Waves i hold can increase. Sure, that's make better than hold it.
Don't put all eggs in one basket, that's the point! You should keep some coin in your local wallet for long term storage and the rest on several exchanges for trading. That's my suggestion 
Yes keep only that amount on exchange with which you are gonna trade and rest should be kept in offline wallet where your coins will be really safe and even you should keep on withdrawing profits regularly to avoid losses in future.
Don't put all eggs in one basket, that's the point! You should keep some coin in your local wallet for long term storage and the rest on several exchanges for trading. That's my suggestion
I have no faith in exchange sites as they can be hacked or disappear at any point of time so I keep very minimum amount there and majority of my coins I store in electrum wallet which I feel is the safest place to save your bitcoin without any security issue.
Not all exchange are hacked, maybe it depends how can you handle your account together with your password. To assure the safeties of your exchange account don't discuss to anyone your password and value of amount. In addition used alphanumeric code to lessen the risk of your account in exchange and wallet. 
I prefer to convert all in Ethereum.
I have no faith in exchange sites as they can be hacked or disappear at any point of time so I keep very minimum amount there and majority of my coins I store in electrum wallet which I feel is the safest place to save your bitcoin without any security issue.
Keeping your coins on an exchange even if the exchange has been around for years and have never been hacked is still always riskier than keeping the coins in your wallet. Remember to always back up your wallet on multiple devices to be safe.
Yes I really agree but sad to say I haven't transferred by altcoins in a wallet they are too many but I am trying to transfer one by one slowly. The longevity is not an assurance of a certain exchange not to be hacked because everything can happen in internet.
What is more safe to save coins? I don't know if is online platform better then exchange? I have some Waves and some ETH. Waves has online Chrome add-on which is similar with saving Waves on exchange.
What do you prefer? Has Waves wallet 2FA authenticator?
i think the best you should hold your coin on wallet and save private key at safe place. Dont believe exchange site they can be hack, scam ..... What do you prefer? Has Waves wallet 2FA authenticator?
Wallet karna aku yakin lebih aman
If you want to exchange coins you need private key to exchange coins. Coins wallet is needed to get you coins from exchanger.
Keeping your coins on an exchange even if the exchange has been around for years and have never been hacked is still always riskier than keeping the coins in your wallet. Remember to always back up your wallet on multiple devices to be safe.
Yes don't forget the bitfinex hacked happened last year where people lost all their coins and even that was a reputed exchange and no one expected that it will ever happen so keep only that amount on exchange that you can afford to loose..best place is to keep them safe in your wallet.
Keeping your coins on an exchange even if the exchange has been around for years and have never been hacked is still always riskier than keeping the coins in your wallet. Remember to always back up your wallet on multiple devices to be safe.
I will prefer to keep in both of them as the amount which I am willing to trade will be on exchange site and rest would in my wallet as I need funds on exchange so that I can buy a coin at a right time without making any delay and if you want to trade then you need to take that risk of putting bitcoins on exchange sites.
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