I think you should store your assets in exchanger. Why?
Because there will be a moment, that you will heard an early hot good news of an coin, before the coin goes up, you can directly buy some for short profit.
I'm doing this trick. just follow the social media of some bitcoin news account and crypto experts account
Topic: Exchange or Wallet? - page 109. (Read 8740 times)
If you're not using a hardware wallet, I recommend that you use an exchange wallet because it's safer and more reliable.
There is a lot of difference between the Exchange or Wallet.Wallet works like a bank account and works like a exchange market. Where you can sell and buy other coins with Etherium. If you want to sell tom token, use the Exchange and Wallet to keep the token. So many of the importance of Exchange and Wallet.
i think the best action is to put your crypto currency in exchange where you want to trade or youy want to buy and sell.Then the rest of the coins or token that you want to hold for a long period of time best plan is to move and keep in your wallet to be safe and assurance to avoid of lossing it.
Very simple;
Exchange: You don't have the private key. Not safe.
Wallet : Safe forever , because you can control that coins.
Use Exchange for trading only.
Exchange: You don't have the private key. Not safe.
Wallet : Safe forever , because you can control that coins.
Use Exchange for trading only.
I dont think having your cryptos in an exchange is any safe. Better to have it in your own wallet. Exchanges are exposed to being hacked.
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
Two specific solution for both subject which are "EXCHANGE and WALLET" no other uses for these, WALLET is a ledger that having storage of your TOKEN, COINS and FIAT money while the Exchanges when you use it during the time you want to TRADE or you want sell your different token.
Of course, the best solution for storing funds is a purse, and the best is a hardware wallet. But of course and the one that you have on your computer, too, will do. It seems to me that it's wonderful not to lose your money.
I trust the wallet rather than the exchanger. because with the wallet we can use our own control and can keep our assets until whenever and more secure. different from unsafe exchanger and have been exposed to fraudulent indications from various exchangers.
If you are daily trader then exchanges are the good option but there is possibilities of hacking the coins any time by hackers on particular exchange.
But if you are not a daily trader or you want to hold your coins for long term for good return then wallet is the best option because in this offline wallet you are safe from hackers.
But if you are not a daily trader or you want to hold your coins for long term for good return then wallet is the best option because in this offline wallet you are safe from hackers.
The huge advantage is, that most of the tokens are created on the ERC-20 platform and are provided by one wallet. I recommend to buy a hardware-wallet, which allowes to store several dozens of tokens at one place. Exotic tokens in small quantities may be stored at popular exchanges. Only don't forget about 2FA 
Actually about the security of wallet store cryptocurrency, I think core wallet is enough to help we have a safe wallet. It just depends on how to you using which device you used to store crypto. Secure that device careful, you do not have risk about stolen your coin.
If I wanna to hold for long term. I to keep private keys somewhere safe. Keeping your holdings in exchange can be big threat against your expectations regarding selling them for profit after some time
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
I prefer to keep my coins in my wallet, I can secure it effectively, but with exchange, there is a chance of hacking, I only keep a portion of the coins that I am going to trade, there's a lot of hacking going on exchanges and you will have no control once it is hack.
It may be hard for novice users to understand this principle, but a cryptocurrency wallet is not like a bank account. With a bank account, you rely on a third-party service provider to safeguard your funds. That is exactly what exchange wallets are, yet they do not let users spend their funds as they want. You always need “permission” from the exchange wallet service provider to move funds around, which is both annoying and risky.
The huge advantage is, that most of the tokens are created on the ERC-20 platform and are provided by one wallet. I recommend to buy a hardware-wallet, which allowes to store several dozens of tokens at one place. Exotic tokens in small quantities may be stored at popular exchanges. Only don't forget about 2FA
Saving all the coins in one exchange for me is not very recommended, because saving in exchange is very risky. If you want to save on an exchange, better keep it on a reputable exchange but you should still review it every day to keep funds safe there. I would recommend saving funds on a 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
My advise is do not store your cryptocurrencies in exchangers. It is still safe if you will keep your cryptocurrencies in trusted wallets. Exchangers are not wallets, there are many exchangers that were been hacked by the hackers. You can ensure that your coins are safe if you will keep it in trusted wallets. 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 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
Holding for long term then use your own wallet.
Trading for profit use exchange wallet.
pros of own wallet is you have control on its private key
cons is it takes time and effort if you want to trade your coins for instance.
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
better to keep your coins on your own wallet that you have control on private key than keeping it on exchange. unless you are a day trader that trades coin for profit.
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
better to keep your coins on your own wallet that you have control on private key than keeping it on exchange. unless you are a day trader that trades coin for profit.
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
Keeping private keys is better bc you don't have to worry about the exchange being hacked, being gone the next day because you are in control of your security. An alternative to using an exchange that holds private keys for you is keeping control over the private keys yourself and using a trading platform. Here is a company that is doing just that.
https://bitcointalksearch.org/topic/m.31823480
Jump to: