Exchange or wallet? - page 3. | Bitcointalksearch.org

adzino

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Quote from: lucky_girl on September 05, 2017, 02:22:41 AM

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?

Never store huge amount of coins for a long time in an exchange. If you are actively trading, store the amount you will be needing and keep the rest else where. Don't use online wallets. They are also not reliable. You might loose your access anytime. Use wallets created by the developer of the coins. They are the safest.
Keep backup of your wallets. Always.

avatar_kiyoshi

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Quote from: lucky_girl on September 05, 2017, 05:36:33 AM

Quote from: onurgozupek on September 05, 2017, 04:48:40 AM

If you don't have the private key, you don't own the coins...

Where can I get the privat key? On Waves Chrome platform or hardware wallet? Where to find hardware wallet and how much does it cost?

You can get private key into waves wallet lite client, I prefer to use stand-alone lite client, to see more details here: http://www.waveswiki.org/index.php?title=Tutorials:_The_User_Interface
I'm not sure there are hardware wallet to waves, for now.

coin_coin

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Quote from: lucky_girl on September 05, 2017, 02:22:41 AM

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?

You mean waveslite ? That's safe for you to store your waves. About other coins , you'd better use a local wallet, that's the safest way .

PAKYU

sr. member

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if you don't want to be part of btc-e or mtgoxed one day. keep your coins and token in your own wallet.

MI6

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it will be good in wallet, just save your private key and save it in disk or other eksternal memory and not in cloud or drive, if me i write it on paper and laminate it and save it with my other certificate to keep it safely

anwear

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choose a wallet and having a full private key is sure to be safe because you have full access. saving in exchange is not recommended because it does not have full access.

Darwin02

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Quote from: lucky_girl on September 05, 2017, 02:22:41 AM

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?

If you only want to store this coin i suggest to use thier own wallet than stored it in a exchange its more secure if you own the private key of every coin yo have . BTW you can use myetherwallet.com for ethereum and waveswallet.io for waves.

africa34

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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 .

fedoralite

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Quote from: xeqoRameshAxueamExaqana on September 06, 2017, 12:15:28 AM

Quote from: lucky_girl on September 05, 2017, 02:22:41 AM

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?

iam prefer save my coin in my wallet support use private key
because is very safe and can use anytime and anywhere,use import private key

This is a good storage if you want to save your coins for longterm stake but for me I prefer to store my coins on our local web wallet so that if there's emergency needs I can easily exchange it with fiat. And also I do this just to save some fee since its so expensive to transact right now.

xeqoRameshAxueamExaqana

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Quote from: lucky_girl on September 05, 2017, 02:22:41 AM

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?

iam prefer save my coin in my wallet support use private key
because is very safe and can use anytime and anywhere,use import private key

auliahr

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Activity: 518

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Quote from: lucky_girl on September 05, 2017, 02:22:41 AM

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?

no one here suggests you to save in the exchanger. indeed its advantages can save altcoin with a lot of accounts, but the risk of hack and scam often occur in the exchanger.
you should keep an official wallet, eth myetherwallet.com and waveswallet.io waves

if you use exchanger always use 2fa security.

batang_bitcoin

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Remember that exchanges are prone to hack even the biggest and has the strongest security will be penetrated and targeted by hackers. And the bad thing by keeping your coins on exchange is that you dont own the private key, which means that if something happens to them, farewell to your coins.

Yuhee

sr. member

Activity: 546

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Quote from: ctyong on September 05, 2017, 10:00:41 AM

Not on exchange, it's hackable. Preferable save your coins on wallet. And be careful while clicking on email. Phising scam are notorious these day. They could get a lookalike website wether it is exchange or wallet site with a little changes on a few letter for their domain name.

I think it could just be a common norm to at save coins in a wallet and use only exchange site when trading. I actually havent read any complains about those 2fa authenticator being hacked but i guess there is a chance that they could be hacked. So far in exchange sites that i logged in that has an authentication, i havent lose any money yet. So i guess reading about the site you are going to is more reliable.

ctyong

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Not on exchange, it's hackable. Preferable save your coins on wallet. And be careful while clicking on email. Phising scam are notorious these day. They could get a lookalike website wether it is exchange or wallet site with a little changes on a few letter for their domain name.

Technos

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Save coins on exchanges kills the purpose of Bitcoin and other cryptos. It's the same as using a bank, but I'm sure you would prefer to be your own bank.

hosseinimr93

legendary

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Exchanges are used for trading and are not recommended for storing your coins. Better to withdraw your coins from them after you trade.
You should keep your coins in secure wallet. Hardware wallet is the best choice. If it is not possible to have a hardware wallet, Use myetherwallet for your Ethereums and waveswallet for your Waves. For any other coins, visit the official website to know what developers recommend. Sometimes you need to download a wallet for them.

lucky_girl

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Quote from: onurgozupek on September 05, 2017, 04:48:40 AM

If you don't have the private key, you don't own the coins...

Where can I get the privat key? On Waves Chrome platform or hardware wallet? Where to find hardware wallet and how much does it cost?

onurgozupek

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If you don't have the private key, you don't own the coins...

klaaas

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You need to own the private key(s). that said, no not a exchange.

nelmari

sr. member

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The safest would be to have a hardware wallet though it cost something it is worth it too. But if you can't afford it yet or can't buy one as of this time, an exchange is still okay but it is risky because it is still possible to be hacked though even with a 2fa enabled.

Topic: Exchange or wallet? - page 3. (Read 1401 times)