Topic: Exchange or Wallet? - page 11. (Read 8740 times)
You can keep your coins and tokens in your personal wallet, because it's safer, better to keep them in exchange because you can make you better, better to keep your wallet safer.
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
Depends on how long do you want to hodl your coins and which exchange are you using.But every veteran in crypto will tell you that wallet is safer and better thing to do. 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 opinion is you should store your all coin s in wallet because it is safest place for exchange and you can store your all coins long time but exchange is not good so you can go with wallet, better to store.
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 would say it depends on your value of funds and your view on trading or investing.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
If you are holding small amount or big amount of coins and if it is for purpose of long term hold then you should keep your funds in wallet after making successful transaction in exchanges. Otherwise you will be in risk to lose your funds in hands of hackers.
If you are holding small amount of tokens and you want to trade frequently then it is best to keep in exchanges even though exchanges are risky to keep your funds because for small amount the fee for withdrawl and deposit itself takes significant portion of your funds.
And finally if you are holding huge funds and you want to trade then transfer the tokens to exchanges when you want to do trade exactly and after completion of the trade, it is better and good to transfer your funds to your wallet preferably cold wallets for your funds safety.
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
If you constantly trade, of course, keep on the stock exchange. If you are just an investor better to keep on a purse with a private key, it's more secure.
I trust the wallet rather than the exchanger. Saving all the coins in one exchange for me is not very recommended, because saving in exchange is very risky. 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.
Letting your coins be left on a trade is far more dangerous than abandoning them in a wallet. Trades can be hacked at whenever and since there are no additional securities like passwords expected to exchange out a coin, you can lose the greater part of your coins on account of a hack and there is nothing that should be possible about it. Continuously exchange out your coins to a wallet controlled by you once you are finished exchanging.
When it comes to holding my coin or token for a long time I would really use my own wallet rather than putting it on an exchange or trading site,
I think it is best to keep your own coin or token at your own wallet so you are the one who is responsible in keeping it safe because we don't really know what could happen in some exchange .
I think it is best to keep your own coin or token at your own wallet so you are the one who is responsible in keeping it safe because we don't really know what could happen in some exchange .
If you are an active trader then of course you need to allocate part of the Deposit for their daily trades and keep them on exchanges, so as not to lose kommissii for input and output of your coins. But the choice of the exchange must be approached very .responsibly, there is a good exchange rate for your coins, but if examined closely there definitely are some conditions that you can not seem reasonable, for example, a huge Commission for the withdrawal or a withdrawal is only possible from a certain number of coins which you might not be and this is only a small fraction of the unpleasant events associated with the exchange. Well, your investment that you invest in the long term is better to keep on a cold wallet without access to the Internet, at the moment it is the safest way to store
If you trade every day, keep it on the stock exchange. But that would be a great risk. If you do not trade, keep it in your own wallet. This is the most secure. I would recommend LEDGER Nano S.
Recently, exchanges very often fail to pass security checks. Have you thought about this? What do you think is the reason for the hacking of the exchange? To steal your money from cold wallets. I think it will be sad if you lose money. So keep it for yourself.
I think the most secure hardware wallet, I bought the hardware wallet to keep for a long time, I think the ledger Nano s is a great invention
As for me, it is best of all a physical wallet such as TRESOR or Ledger Nano S as they represent the highest degree of security for bitcoins or other cryptocurrency. 
saving money at Echange is good when there is hacking we can ask them that our Bitcoin has been stolen.
if in the wallet itself, when we lose our Bitcoin then we can not blame, except for our own mistakes, such as forgetting private key etc.
if in the wallet itself, when we lose our Bitcoin then we can not blame, except for our own mistakes, such as forgetting private key etc.
It is very dangerous to keep coins on exchanges. The exchange may close at any time, or your country may impose sanctions against any exchange. I prefer to keep my coins on MEW, but in the future I plan to buy a hardware wallet.
If you are holding for a long term i prefer wallet but if you will do day trade exchange. I prefer to hold my crypto especially those crypto that has a low price. Holding hundreds or million of thise coins in a long term might make me millionaire someday. That is the risk i am taking in crypto buying those gems for future purposes.
I would recommend you to use a secure crypt money wallet for sub-coins to keep long term investors and long term crypt money. If you are not patient and you are trading on a daily basis, you can keep crypt money in a secure stock market account.
yes it all depends on what you want to do because both have their respective roles. but for now I prefer meyimpanya in the wallet because the current market is not good 
I would recommend you to use a secure crypt money wallet for sub-coins to keep long term investors and long term crypt money. If you are not patient and you are trading on a daily basis, you can keep crypt money in a secure stock market account.
Keeping your coins in wallet is better and safer than in an exchange. Exchanges are a huge target for hackers and are consistently under attack. In fact, famous cryptocurrency exchanges like Bitfinex and Mt. Gox had been hacked. So, if you have a big amount of coins, never store them in an exchange. You can store them in a hard wallet like ledger nano s which is more secure.
You should always keep your cryptocurrencies in your wallet.If the coin or token has a wallet you should most definitely use it. Only keep coins on exchanges for trading purposes.
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