Topic: Exchange or Wallet? - page 14. (Read 8740 times)
I use bitfinex for trading and i have a strong belief in it. I dont think that it`s gonna be hacked or smth, because their security is serious
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
Don't even try it to keep your tokens on exchange. The implication is that you have no control over your tokens again once you transfer them to exchange wallet. What if the token is not being listed in that exchange? Or what if the price of the token is worth more in another exchange than the one you have kept it?
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
Depending on the activities you intend to do. For trading i will advice you to leave your coins on exchange but to have full control on your assets, I will advice you have wallets that can keep most of it at once.
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
It is obvious that it is better to create your wallets and access keys to store in a safe place. On the exchange to store funds is not reliable, as access to them already have not only you. 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
This is really confusing too for myself to think where is the safest place for me to keep my coin or token. Because if we keep wallet in the exchange it will be better if sometimes the price suddenly increase we can sell it quickly in the right time. But i think wallet is more safest than exchange
If we invest in a long time it is better to choose a wallet only, like myetherwallet, but if we prefer trading or short-term investments, my advice to keep it in the exchanger, because it is easier when we sell it.
If you take the risks and you have experience and balls - go to exchange and try to trick the system. If you want calm and peace - choose investment strategy - and use cold wallets. Be the greedy goblin sitting on your preciuos
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
* advantages & disadvantages of storing in the Exchange 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
- the kind of coins we can save more
- transaction costs become cheaper
- if exposed to Hack attacks, then our coins will be lost (depending on the exchange)
* advantages & disadvantages of storing in Wallet...
- we become more calm from Hacker attacks and all security depends on our way
- we must incur extra costs because the coins must be sent first to the exchanger before we exchange
- coins that we can collect only 1 type (depending on the type of wallet)
please CMIIW
If you have a large amount of coin i suggest to you putting your coin in a hardware wallet like ledger nano S.You can put a small amount of coin in your exchange because sometime exchange will get hacked.It is to risky to put a large amount of money in exchange.
well, I have divided the tools into 4 pieces and stored at 2 different wallets and 2 on the major exchanges.
If you are considering to hold you investments for a long-term, then you should choose the wallet, and better that would be a hardwallet, Ledger hardwallet supports all popular cryptocurrencies.
in any case, I would not trust all my funds to the stock exchange in full, because there are always negative reviews about different resources, so it's better to save your coins on a wallet. It is best to have a hardware wallet wallet.
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.
It joint on on you are farsighted style or miniature yard-dog administration. If you are a farsighted style investor i post you should accumulate each yard-dog which you purchase in your wallet, this will safer than.
I think Better to keep your coins in the wallet, but It depends on you is a long-term investment or short. If you are a long-term investor, I suggest you should keep all the coins you buy in your wallet, this will be safer than. But if you are a trader, of course you have to save your coins instead, this will help you save on deposits and withdrawals.
If you do not carry out regular transactions and only want to store coins, then surely hardware is the best choice today to secure the assets of investors. Have a way to protect your assets and not let hackers have the chance. 
Don't use exchanges for suffucient amounts of crypto or you can lost this crypto. Exchange could be closed or hacked or scammed. It could be problems with regulators etc. All crypto out of your wallet it is not your crypto.
I keep most of my money in my wallet (several wallets). But about 25% of my capabality is stored on the exchange. Thus, it is convenient for me to store and work with cryptocurrency.
For me i would put my trust in walet. It is not that i dont trust exchange wallet. Im just avoiding case like exchanges being hacked. That incident is very common nowadays. And im not risking my chances
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
It's definitely better to keep them in their own official wallet but you have to make sure that your computer is clean. There's a lot of news about exchanges that got hacked so it's not recommended to store a lot of money there long term, you should withdraw the money if you are done trading or you just want to hold the coin. 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 Better to keep your coins in the wallet, but It depends on you is a long-term investment or short. If you are a long-term investor, I suggest you should keep all the coins you buy in your wallet, this will be safer than. But if you are a trader, of course you have to save your coins instead, this will help you save on deposits and withdrawals.
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