It is safest to keep COINS in your wallet if you keep them for a long time.
If you only have a small amount of COINS or transactions every day, I think exchange is the best option.
Topic: Exchange or Wallet? (Read 8738 times)
Exchanges are always at risk. If you have a coin in the exchange and you do not open the exchange every day, you can do a lot of damage. fFr example a couple of days ago in docademic was delist in hitbtc. Many people do not even realize it 
For the security of money storage, I prefer to work with exchange. In this case, the protection against possible hacking is higher than the wallet.
I have a question.
What is better? To keep your coins on some Exchange site or to open wallets for each coin?
I would like to hear some advice. What are pros & cons of each option?
Thanks
I think wallet is the best for us to save our coin because if you see the news too many exchange got hacked a few month ago, that's news really make me scared to hold my coin in exchange. What is better? To keep your coins on some Exchange site or to open wallets for each coin?
I would like to hear some advice. What are pros & cons of each option?
Thanks
It depends on you if you hodl for long term just make a wallet for each coin and make sure to backup your private key then if you want to trade and make a profit just use exchange.
p.s: dont hodl your coins/tokens on exchange because its too risky.
p.s: dont hodl your coins/tokens on exchange because its too risky.
I think that now it is better to work with wallet. So it will be possible to minimize the risks for their money. After all, exchanges are still often attacked.
I keep my long-term crypto in the wallet, and an exchanger just to store crypto with daily trading. that's what I do, security issues I think all the exchangers and wallets are already designing security so we can keep our investment safe.
This depends on whether you want to hold or trade? If you trade it should be always on the exchange is more convenient than you can exchange at any time immediately without waiting for from the wallet, the risk is if the exchange hack or collapse you will lose. If you choose hold, you should put on your wallet, the advantage of not exchange exchange hack or collapse
(IMO)
(IMO)
I think wallet is the safest coin in storing, while exchange can be hacked anytime and they - exchanges won't take any responsibility for your lossing token. Exchange is just convenient, not safe. Some people prefer to store their token in exchanges because they will pay less fees, but I don't think that's a good idea.
I have a question.
What is better? To keep your coins on some Exchange site or to open wallets for each coin?
I would like to hear some advice. What are pros & cons of each option?
Thanks
What is better? To keep your coins on some Exchange site or to open wallets for each coin?
I would like to hear some advice. What are pros & cons of each option?
Thanks
Never ever keep your coins in a exchange. If you are not aware with the past news about crypto exchange has been hacked multiple times then try to search it in the web. The most safest way to keep your coins is in a wallet (hardware wallet is the best). It may cost you lots of transaction fees but it is still better than losing all your assets in a exchange. They are the most vulnerable from being hacked right now because hackers can get easy millions once they successfully hacked an exchange so after trading better keep your assets in a wallet.
Both have its different functionality and connection with each other. In terms of safety you should keep it on your wallet if you also want a long term you have full control on your coins. Exchange is the fast way to sell your coins and after that you still need to keep it on your wallet. So in short, it depends on what are planning to do with you coins, long term investment or short term always trading.
I have a question.
What is better? To keep your coins on some Exchange site or to open wallets for each coin?
I would like to hear some advice. What are pros & cons of each option?
Thanks
What is better? To keep your coins on some Exchange site or to open wallets for each coin?
I would like to hear some advice. What are pros & cons of each option?
Thanks
for me wallet is the best place to store my tokens or coin because you have access to it anytime any moment and what one i faces is that any time my coin is on exchange i don't feel resting .. ie i feels restless because i will be thinking they might hacked the exchange anytime despite i have applied 2FA and all security methods. the second reason why i don't like my coin to be in exchange is that some times i may likely trade it another exchange but since is already in one exchange to move it will be another fees and reduction of coin or tokens.
If you took a coin for a long time, then definitely keep it on your wallet. If for trade, then on the exchange. But exchange purses are on maintenance, problems with withdrawal of funds are possible.
Yes, of course depending on the goal, if we want to hold for long term then choose wallet of course better and safer than exchanges, this is because many cases make exchange change their policy so that we can lose coin.but if using centralized exchanger that's REALLY risky if holding for long tme
I think it's good to use a wallet from an exchange if it's a big good exchange because they always think about their security a lot . however I think using a hardware wallet will be more secure than both of this
See Mt.gox, they are big exchanges back then and im pretty sure that they think security a lot, but they still get hacked, whether it's inside job or not that's out of question, but, the most important thing is that the users are having loss. Just think about it before putting money for a long time in exchanges. 
I think it's good to use a wallet from an exchange if it's a big good exchange because they always think about their security a lot . however I think using a hardware wallet will be more secure than both of this
a purse is a good place to store coins, but if you trade them, then naturally they are at your stock exchange, it's very dangerous ((
If you want to hold a certain amount of coin the wallet is a better option. However, if you are an active trader and makes money by day trading then keeping your assets in an exchange is a better option, the reason being wallet to exchange transfer incur trading charges. Keeping all your money in an exchange is quite risky as an exchange can shut down and flee.
Wallet. And only on it I keep my tokens, since I have only access to it. Exchanges are also good, but everyone knows that they are always trying to hack. I keep everything in my place
Of course, the wallet is better. The exchange can put its conditions on the input and output of coins. With wallet you have full control. The answer is unambiguous - wallet
If you want to invest and get more results you can exchange. But if you want to keep it for a long period of time better you keep it in the wallet, and even then with the condition of the wallet you use should really be able to keep your security assets in it...
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