Topic: Exchange or Wallet? - page 116. (Read 8740 times)
The simple rule of thumb is: Don't keep any coins in exchange unless you are going to use it. That is it. If you are long term holder, don't keep it in exchange. Keep it in wallet, the best is hardware wallet.
For more security you can buy a hardware wallet, such as Ledger Nano S. It`s way more secure than keeping it in exchange.
Agree, it is much better to invest in a hardware wallet. Etherwallet can be hacked just like the etherwallet of my friend where two of his wallet has been hacked. Don't know why, maybe he exposed his private key. 
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
be careful from exchanges, I use exchanges only for change or trade with very low amount of my assets. some of them after some time be scam. so check and be careful
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 suggest you to make a wallet, do not exchange. because every project needs a wallet address, not an address exchange. you can use myetherwallet to receive your rewards 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 an investor, then I advise you to keep your coins on purses. It's safer than storing them on the stock exchange. And if you trade, then you definitely need to keep the coins on the exchange. After all, you will use them for trade.
The best way to safe your cryptocurrencies is using Trezor or Ledger, I personally use Ledger - you can keep there more altcoins than in Trezor. But on the otherhand I read that Trezor looks like more secure. And also I think every altcoins have future when you can store on Ledger or Trezor, because noone can rob you (for now... 
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If you are long-term investor, you should choose wallet (best variant will be hardware wallet). But if you skilled trader and you can predict moments for "buy low" and "sell high", your choice is exchange.
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
be careful from exchanges, I use exchanges only for change or trade with very low amount of my assets. some of them after some time be scam. so check and be careful
For more security you can buy a hardware wallet, such as Ledger Nano S. It`s way more secure than keeping it in exchange.
Besides, hardware wallet is not connected to the cyberworld which would somehow make it vulnerable for outside attacks. There are lots of drawbacks in exchange too especially its security to hackers and the trust of this site because there are some news about crypto exchange that turned to be a scam after a while.
Keep most of your coins in a wallet, don't keep them on exchanger. It's not safe to keep them in exchanger, you will never know when the exchanger going to be scam or being hacked.
wallet can be hacked to
Its better to put all your money in your wallet for added security and for easy monitoring purposes. If you want to trade then put a partial amount of your capital to exchage. If youre thinking about hackers, hackers can access all internet based things if they want to so whatever digital money you have, its not 100% safe in all digital storing you do.
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
for security i think wallet, but for profit i think exchange. because if you put it on the exchange you will easily invest it 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 want to hold tokens for a long period it's better to store them in a wallet, not exchange. Because you have much more control on your own wallet.
It is best not to keep money in one place, decentralization should be decentralized. Keep some money on the stock exchange, some of the money on a cold purse. Situations are different, hackers, special services, scammers. You need to be prepared for any situation.
Depending on the amount of storage if you wanna keep more than 1k-2k USD, I recommend using wallet hardware, because it is safer
while if under 1k USD you can use a wallet exchanger or personal wallet, both are the same
while if under 1k USD you can use a wallet exchanger or personal wallet, both are the same
i like wallet, it is safe and save me from trading temptation. but it is depends from what you need, if you do trading you can put it on exchanges, if you do invest in long term you can use wallet instead.
I keep on telling people who cares to know, DO NOT ever leave your coins on any exchange. No matter how secure they claim to be, or promise to be, they can never guarantee you that their exchange won't be hacked anytime. Do yourself a huge favor and open a secured offline wallet for storing your coins. When an exchange gets hacked, it is only an apology that you will get from them, not a single coin.
I agree with you to keep your coins in the offline wallet. It is the most secured way to keep your 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
It is always better to store your coins on wallets rather than preferring online exchanges as there is more chances for losing of your crypto coins if your store in online exchanges, it is true that exchanges can also act as a wallet but it is not at all safe for storing crypto coins. One should always keep in mind that they should store crypto coins on their hardware wallets or USB wallets which is more safer than storing on online exchange and online wallets. Paper wallets are also safer to use you can print the private key and wallet id and should keep in mind to secure the printed private key safely without sharing it with any one else as you might loose your crypto coins if you hand over the private key's or if you loose your private key print. Paper wallets cannot be hacked and so it is the safest of all wallets.
For more security you can buy a hardware wallet, such as Ledger Nano S. It`s way more secure than keeping it in exchange.
you can not storage all the coins you want on a ledger
For more security you can buy a hardware wallet, such as Ledger Nano S. It`s way more secure than keeping it in exchange.
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