Topic: Exchange or Wallet? - page 78. (Read 8771 times)
for your security you can buy a hardware wallet like a cold keeping, such as Ledger, it is way more secure than keeping it in exchange
If you are doing daily trader there is no point moving out your crypto off the exchanges. But if you are longer or mid term holder then you have to store it in their wallet. Good thing you have an off line wallet that support most of the cryptos.
Crypto exchange is not always safe,
if the amount is very large,
then it probably does not have enough money for the money.
if you want to buy for a long time you have to go for wallet.
if the amount is very large,
then it probably does not have enough money for the money.
if you want to buy for a long time you have to go for wallet.
If the exchange closes, it's hacked or it's in maintenance I will not have access to my coins. I think that if I take the necessary precautions, my tokens are more secure in a wallet where I own the private keys.
Many people here said that keeping money on the purses of the stock exchange is probably the same as giving your money to someone else's money and keeping your money in the pocket of another person. Why can not you understand this? I just do not understand.
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 depends on your purpose(s).
If you just want to buy/sell cryptocurrency to fiat currency, you can use Wallet.
But if you want to trade between cryptocurrency (bitcoin and altcoins) then keeping your coins in Exchange is a better idea
im using wallet, exchange only when need to sell some altcoins. im not using hard wallets, i have 10 wallets and each wallet have some of my coins =)
Depends how much your coins worth. I have all my coins (~$1000) on exchange so if price are good I can sell or buy it really fast. If I have wallet for every coin then I will lose to much $ on fee for deposit and withdraw. I have only bitcoin in wallet.
It is better not to store coins on the exchange purse, even if you believe that the exchange is reliable, Ether Tokens are better stored on MEW and further away from the Internet, but there is also a more reliable option such as hardware wallets.
Only offline wallet and keep them in safe place like in winrar archive with strong password which canot be decrypted at once , have to copy them 2 times and use only when you need to pay.
keep in exchanger,a time when we can sell coins
the exchange is always more likely to be hacked, I keep my investments in the wallet
This is very correct. We must all advise that most of the crypto-assets people should keep on purses if possible.
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 these Exchange are good for 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
Binance
Gate.io
KuCoin
It's poloniex, bittrex ( not recommmend for newbies because they're asking for complicated verification).
Binance is good but they got some scandals in the last time due to some problems with hjacks accounts of users.
Kraken could be a good choice also.
You must send enough proof to prove your identity, a Passport for verification usually get "verified" status faster than national ID card or driver ID card.
Beside that, your image should be taken by webcam
Wallet is more secure for those who wants to hold the coins and looking for safety and security...because for me keeping coins on the exchange is very dangerous can be hacked any time. Be careful your money..
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
If you plan to trade with coins, then unambiguously they must be stored on the exchange. If you are an investor and coins will stay with you for a long time, then it is better to have wallets and store coins in your purses.
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
If you're earning tokens here in bitcointalk and want to maximize your earning and do some trading stuff you need an exchanger. But if you just want to hold your coins dude you will need only a wallet. So It will always depend on your goal and purpose. In my case, I use both, wherein I have exchanger which is KuCoin and Coinsph as my local wallet for encashment.
Wallet is best absolutely, pros, wallet such as myetherwallet i prefer is you are the only person keep all information, the private key or anything to access your account. That site will no longer data base on every wallet create. Meaning if you loss keys myetherwallet cant recover that. Unlike exchanger , you will be depending n the security of that website and cons with an exchange is prone in hacking. Look what happrn in one exchange etherdelta. Million of money got by the hacker.
I conclude that accesing only by ourselves is best
Which is wallet
I conclude that accesing only by ourselves is best
Which is wallet
the exchange is always more likely to be hacked, I keep my investments in the wallet
The best way how to store your coins is offline wallet or Trezor, but it depends how much money you have in crypto, because if you have few bucks, you can keep it on the exchange 
.
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Hardware wallet. 
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