Topic: Exchange or Wallet? - page 30. (Read 8740 times)
It's better to save them in your wallet in pc better than exchange. Becoz exchange can scam but wallet will remain on and save your coins
I would choose a wallet exchange, it is universal and can easily manage different coins with one wallet
Should you hold your coins in a web-based wallet provided by an exchange, or your own wallet? There’s no right answer for everyone, but it’s important to understand the trade-offs if you hold coins. Beacuse When you rely on an exchange, you have a more convenient experience. You don’t have to worry about securing, backing up, or otherwise managing your own wallet. The exchange’s website will be more secure than many people’s computers. However You’re placing a lot of trust in the exchange if you store your coins there. For example, you could lose your Bitcoin if the exchange were hacked, a rogue employee stole your private keys, or if the owners of the exchange took the money and ran.
Obviously for holding, i choose wallet, for exchanging i choose Exchange wallet.
Keeping your coins on the exchange is not safe, there has been too much news about exchanges hacking lately
I'm one of those people who use the exchange.
I am constantly following the market and making money by buying and selling. There are many ways of making money in the crypto money world. Be careful and make money.
I am constantly following the market and making money by buying and selling. There are many ways of making money in the crypto money world. Be careful and make money.
simple to choose. using personal wallet if u wanna hold long term. (I recommend hardware wallet)
using exchange wallet if u wanna sell immediately. ofc choose well-known exchange
using exchange wallet if u wanna sell immediately. ofc choose well-known exchange
If you plan to sell your tokens in the near future and wait for a more favorable price then definitely need to be stored on the exchange. If you do not plan to trade on the stock exchange then it is better to keep it on your wallet.
If you choose to hold a token for a long term profit put it in your wallet its safer because sometimes exchange site are having problems and some are getting hacked.But if you like to trade keep it on the exchange and secure your account because transferring it back and forth on your wallet and to the exchange may put your assets at risk.
Wallet and ledger , don't put your coins on exchanges its too risky like I experienced today I got hacked in hitbtc and stole my 2 coins LoL 
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.
When. It comes to security of your tcoins, you better chose the safest. Options and the safest in this case is wallets,. We have heard of exchange hacks where millions of dollars worth of coins have been stolen . An indication of how vulnerable the exchange platforms can be. With wallet you can encrypt them to your own liking especially when using hardware wallets
it depends on what you will do, if you will be a trader or HODLer
but it's best to store your coins on your wallet. That's more secure than storing it on an exchange.
but it's best to store your coins on your wallet. That's more secure than storing it on an exchange.
If you don't want to trade don't keep your funds on exchanges.
5th factor authentication not save you when exchange wallet was hacked
5th factor authentication not save you when exchange wallet was hacked
The exchange is a universal and very convenient way to store all your altcoins . No need to start a few wallets, etc
I prefer you to put it in your local wallet than holding it in exchange because it is easy to use when you are a trader to pay online you don't need to pay some fees. And putting it in exchange sometimes have their maintenance that you cannot get your currency their while if you put it in your local wallet there's no waiting for some maintenance.
Adjust to your needs. if you want to keep a coin in a long time then the best way is to make a personal wallet. and if you still want your coins traded, you should put it on the exchange only..
If you are a day trader. Exchange will be the good thing for you to hold your tokens, since you are also using them for trading. But, if you are a holder. I suggest to put it on a wallet. It's actually hard to hold your tokens on exchanges, they might say they were hacked, then everything you had will vanished.
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. Anything that touches the internet is susceptible to assault.
I think better in the wallet because it does not do much change, unlike the exchangers who always make repairs, updates, and maintenance. it may be more at risk of losing our assets
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