Topic: Exchange or Wallet? - page 114. (Read 8740 times)
I am prefer exchange most. Most of the exchange have two factors authonication and mail verification for exchange security. I think exchange is more safe for coin or token hold.
In my opinion even the most reputable bitcoin exchanges are suspect. Not because of intention but because of the many ways an exchange is subject to attack. An onsite wallet service is no better. As I said earlier anything that touches the internet is susceptible to assault. Therefore you might consider making rules? storing 90% of your bitcoins in an offline wallet and 10% for spending or investing elsewhere.
of course I would advise you to keep all your investment in the wallet. which I use. for my ethereum using myetherwallet, and for bitcoin I use clear blockchain. but there is a end I more store all my inveatasi coins in exodus and coinomi walle
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
Surely no my friend, if you are not a day trader or trader, keep all you coins only on hardwallet, there is so many exchanges going bancrupt, even big ones.. and so many hacks, so keep on exchanges for long-term is not safe at all.
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
It is always better to keep money in different places. So I think it is good idea to organize wallets for every currency. On my mind it should be well-known reliable services. Then you will be sure about your savings.
If we are talking about keeping funds, I think that you should always pay your money on cold wallets that do not have any connections to the Internet, until your synchronization. Today, there are a lot of scammers, especially exchanges, which very skillfully turn off your purses at the right time.
It depends on what are you planning to do.
With the wallet you hold on your device the key to open it, with the exchange you are not the only one who can access your coins.
Although, the exchange is a way faster way if you want to sell coins
With the wallet you hold on your device the key to open it, with the exchange you are not the only one who can access your coins.
Although, the exchange is a way faster way if you want to sell coins
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
All wallets are safe enough. The danger is that the user himself can allow him to steal his private key. Any mistake made by a person can lead to a loss of control over their funds. For these purposes, any hardware wallet is perfect. At the exchange is also not the worst option with 2fa. But do not forget that the exchange is not under your control, unlike wallets.
keeping it in your wallet will be safe and more chances are you will buy a new altcoin. and if you invest quite well in exchange
I personally think the wallet is better if you have not seen the front of the coin or token. I do not have the habit of passive exchange or exchange of black market with what I have, a little patience you will see the effect. 
Exchangers are not safe as they can be hacked and if this happens you can lose all your coins.
But lokal machine can also be hacked, so we gat a little problem here - everything can be hacked
Hacking any machine is only matter of time and resources. But exchanges can not only me hacked - they can turn scam, and tell people they were hacked. In that case using wallet on own machine is much more better. So if you operate with crypto - exchanges, if you a long term holder - only own wallets, especially consisting hardware will be great for next year or two - perfect variant
nice post mate... actually there are depends on activity will you do for example daily trading, playing on game, or etc. with a lot activity you should choose a lowest fee for gaining profit, for notice high fee is decreasing profit. i prefer to use wallet with your activity except i do daily trading of course you would need exchange site.
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
It depends whether you want to hold it long or short term. If you are going to day trade it and don't plan on keeping it for a long time then leave it on the exchange so you don't waste your money in fees transferring back and forth. If you are in it for the long run then put it into a wallet, it'll be safer there.
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 deepeneds, if the exchange is credible then you can put it there. But if not then store it in your wallet. But if you just want to keep it for long term then I suggest that you just keep it in a ledger wallet. 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 long term, Most definite a wallet. If an change goes down you can lose all you coins. I always recommend the Ledger Nano S. If you are trading just keep what you are currently trading in.
it is depending your budget.. if it is small amount, no need to spend effort with wallets.. Exchanges is enough but if amount is bigger, you need wallet for security..
I use more exchangers than wallet. well, it's because of its more practical use. well but it all depends on the user. each person has a different purpose, so using exhcnger or wallet I think it's the same. 
it is depending your budget.. if it is small amount, no need to spend effort with wallets.. Exchanges is enough but if amount is bigger, you need wallet for security..
Its just a normal thing! If you like for a long term! I definitely say to use wallet rather than exchange it. Its because if you try to put that on exhange basically your digital money is not in a safe condition! So be better use the other one the Wallet. But for those who want it immediately, exchange it! It will be better for you.
Both are good as they perform different functions. Exchange wallet is normally used for trading and you don't have full control over it while in terms of normal wallets you have full control over it as the private keys and even the address belongs to the owners alone. It's the best place to save your coins after trading in exchange it important you move your coins to your wallet for safety.
Wallet make a whole lots of sense for you to keep your coin and token. You get to control and administer your fund directly without third party! The freedom and the security you enjoy as a results of your fund been under your control can not be compare with that of exchange.
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