depending on the amount of storage
if you save more than 1000 USD, I recommend using wallet hardware, because it is safer
while if under 1000 USD you can use a wallet exchanger or personal wallet, both are the same ..
always be careful with everyone
Topic: Exchange or Wallet? - page 67. (Read 8741 times)
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
I think it's safer if you keep your tokens in a wallet rather than put it in any exchange site. If you put on an exchange site you'll need to be involved in daily trading to which i think is unnecessary. The issue here is your plan. What do you want to do with your coins? for me, go with long term trade and secure your assets.
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's better if you will have your own wallet that you have private key, because you have the full control over your funds. You will not be problematic if the exchange got hacked or attack by some hackers. The better if you have trezor, ledger nano and other hardware wallet, but if you have no hardware wallet you can use safe and big exchange wallet like bittrex, poloniex and etc.
Of course the wallet.Exchanges can be hacked.But the risk is still low.So you have to decide for yourself.
in exchange you must have only the coins you need to trade. No exchange is as secure as your wallets
If any exchange for our token..must going to exchange and stay hold there.waiting pump price sametimes..
It depends - if you are an active trader use exchange, in case of long term investment - use wallet.
Also, bear in mind that wallet is usually most secure than keeping coins on exchange.
Also, bear in mind that wallet is usually most secure than keeping coins on exchange.
If you want to hold a token for a long time, I recommend you use a hard wallet. for example: Nano S or TREZOR
The better is most likely wallet,and spare ur stuff on frosty capacity I choose Trevor the bestest method to spare ur staff and secure.Echange is great just in one way,to purchase quick tokens in the event that they grow up in light of the fact that u dont need to exchange fiat or token to ur trade to purchase tokens,why not secure on the grounds that trades can come up short or be hacked more often..Good good fortune
If you have asked your doubt in more details I would I have suggested you what's options for this because this depends on your holding time and your goals . I mean to say you are thinking for long term or short time or just for trading.
If the conversation is about where it is best to store your money, then it's best to do it on remote or cold devices. I think that such an opportunity will be the safest. Because I believe that today there are no 100% secure systems.
If your're actually trading you can keep your coin in the exchange. If not, Its better to keep your coins on your wallet to secure your assets.
According to my way of thinking, what they often say is always or better in the wallet. because I think more wallets are protected. and also if you do not have a private key. then it's not your coins or tokens. but the best of all is not storing your coins on the stock if you're looking for a quick sale then I think it's fine. it's fine to let them in exchange and then cash out.
The choice will depend on the strategy of your trade. If you trade every day, then the stock exchange is better for you. But for better security, of course, it's better to have a personal wallet
I use a cold wallet for long-term storage of crypto (more than 3 month), but my other balances are on exchanges (for daily trading, short-term investing). Yes, I know the risks associated with exchanges, but its very handy way.
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
if I had to choose I would rather wear a wallet than an exchange because if we use the wallet fully control on us and there will be no risk of losing coins because of someone's mistake 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
Of course, you need to keep the crypto currency in your personal wallet! There are many risks on the exchange. This is not logical
yep, but there are still a lot of people holding a lot of money on shitty exchanges like Hitbtc, idex, and many others who are more than risky, like Etherdelta. I dont understand those people, they really like to take a lot of risks.
Of course, you need to keep the crypto currency in your personal wallet! There are many risks on the exchange. This is not logical
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 think if you hold the coin for the long term wallet is better But if you hold the coin for the short term I suggest you to use the Exchange Because both are good and it's gives us a reliable without hardworking and it saves the coins. 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 your coins at good exchanges such as bittrex or binance you dont have to worry but always hardware wallets are best way to keep tokens but i have not.
Jump to: