Exchange or Wallet? - page 75. | Bitcointalksearch.org

jankekek

full member

Activity: 420

Merit: 100

Quote from: Janinjo11 on February 12, 2018, 01:55:57 PM

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 better to secure your funds in wallet to avoid losing it because sometimes, coins in exchanges were being delisted without announcements.

Periodik

sr. member

Activity: 1022

Merit: 256

If you are only looking for a storage, then it is not advisable that you use a wallet of an exchange site. It is not safe there. You do not have a private key of your account in an exchange site. There were so many instances in the past in which accounts in exchanges are hacked and their coins stolen. Until now similar complaints are still rising. The best wallets are those hard wallets.

mammusu

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Activity: 1316

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Leading Crypto Sports Betting & Casino Platform

I suggest of you, don't save your coins or tokens on the exchanges
because you can not control your token there. Store your coins in the wallet it will be better than store in the exchanges.

tvtoan1994

newbie

Activity: 70

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I keep them in wallets and put them on exchange when needed and effective on profit. Because all put on the exchange can be evaporated quickly.

Bibi shop

newbie

Activity: 84

Merit: 0

You can store cryptocurrency on an exchange.A friend of mine thought that Coinbase was a wallet.While it does have "wallet-like" features - such as the "vault"to make you "feel more secure"It's still an exchange. Coinbase holds the private keys.

huzun

newbie

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If you want trade or sell your coin - exchange. But if you plan long time keep and you are investor - wallet better

bitcoinstress

full member

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I would keep my coins on private wallet because this is safe way even on exchange are safe but not 100% safe.

thorvald

sr. member

Activity: 388

Merit: 250

If you are trading the coins daily, keep on the exchange. If you are holding, keep them in a wallet. This lowers your risk of hacking significantly.

TCTDev

sr. member

Activity: 574

Merit: 260

Keep coins on the exchange is very dangerous. The exchanges are often exposed to hacker attacks. This increases the chances that you can lose money. I recommend that you keep coins on a hardware Wallet.

salad daging

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Bitcoin To The Moon 📈📈📈

Quote from: Janinjo11 on February 12, 2018, 01:55:57 PM

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

both have their respective advantages but also have their respective deficiencies, for example if we use the wallet all the controls are on us privacy is also very awake but the weakness is the security that I think is still lacking because there are many cases terbobolnya wallet and this shows that the wallet personal still very vulnerable to theft but even so I still choose the wallet

poornamelessme

hero member

Activity: 1204

Merit: 509

If it's a decent amount, always keep in a wallet.

If it's just scraps or coins you want to trade frequently, then a good exchange probably
would be okay. But even then, if a decent amount I would never keep them on an exchange too long.

Parabellun1917

member

Activity: 462

Merit: 10

Quote from: Janinjo11 on February 12, 2018, 01:55:57 PM

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 that there is nothing to compare. obviously - wallets, if you value your money!

Hanvis

sr. member

Activity: 714

Merit: 251

It is safest to keep all your coins in your wallet, exchanges in our time can be hacked and steal your coins from the exchange account.

ZaoXhou

sr. member

Activity: 467

Merit: 251

Always keep control of your privatekeys, if you have bitcoin on an exchange you don't really own them.

bfriedman228

full member

Activity: 406

Merit: 100

Presale is live!

Do not store coins on the exchange. It is very dangerous. I think it's much safer to keep coins in your wallet. Coins do not belong to you, if you keep them on the stock exchange.

FinbarAdley

newbie

Activity: 126

Merit: 0

Quote from: Janinjo11 on February 12, 2018, 01:55:57 PM

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 both are good, but I prefer you to use Exchanges because you can control it easy and save your tokens/coins.

Elysio

full member

Activity: 658

Merit: 153

If good exchange i use to wallet.( Binance etc.) but if not good or not secury exchange I take it my wallet nano s

Chronner

member

Activity: 420

Merit: 31

My opinion is unambiguous - to keep only those coins that you plan to use for speculation with a profit earning. Here, for example, I started the Utrust(UTK)https://coinmarketcap.com/currencies/utrust/ just as much as I plan to sell on the PUMP. The rest is waiting for their time on the "cold"

Boristhecat

hero member

Activity: 756

Merit: 629

Quote from: Janinjo11 on February 12, 2018, 01:55:57 PM

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

On the one hand it is difficult to have 20 different purses for different coins on one computer, on the other hand it is very risky to keep your assets on the exchange. Therefore, I keep my assets in several coins and they are kept in my purses.

Rudi Setya

full member

Activity: 479

Merit: 100

Quote from: Janinjo11 on February 12, 2018, 01:55:57 PM

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

in my opinion local exchange better than wallet and another exchange
because if you lose about 2fa, email, password or anything you can come to official office

Topic: Exchange or Wallet? - page 75. (Read 8741 times)