Topic: Exchange or Wallet? - page 80. (Read 8771 times)
If we talk with you about how to store money better in your purse and not in the purse of the exchange, I think that everyone understands this, of course the payment of the commission is not very pleasant, but it's better to give the commission than to leave the entire amount on the account of the exchange.
General answer is keep your token your wallet. You can monitor your asset. And other thing that if you want to trade so you need keep your token is exchange. My opinion is you should keep your all coin in your wallet and when you trade than you transfer your token in exchange.
a cold wallet is needed if you have large amount, own your risk, own your money!!
There are many exchange that have earned their reputation for safety and many cryptocurrency users trust such exchange more than wallet providers. If you are looking for where to be safe with your fund, always look for history and reputation if these cryptocurrency service providers!
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
Hardware wallet is the better way to secure your crypto assets. But it's too much complicated if you want to do day trading.
Keeping your assets on an exchange is riskier. But you can gain more liquidity and exit your assets to FIAT rapidly.
This depends on whether you want to hold or trade? If you trade it should be always on the exchange is more convenient than you can exchange at any time immediately without waiting for from the wallet, the risk is if the exchange hack or collapse you will lose. If you choose hold, you should put on your wallet, the advantage of not exchange exchange hack or collapse
If you're a long term holder get ledger, and place on exchanges if you short! 
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 it is better to use wallet because most people says it have a secure coinsWhat 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 give us freedom
For long-term storage - exactly in wallets. If periodic trading is planned, it can be stored on the exchange.
Some of the coins i will put it inside the wallet and some of the small coins that is small amounts will be just leave it in the exchange.
The general idea is to keep your tokens in your wallet where you have your private keys and total control over your assets. But of course it all depends on what you want to do. If you are a trader and not a hodler it is not convenient to constantly withdraw your assets from an exchange to your wallet. Just remember what happened to BTC-e and never keep 100% of your funds on an exchange.
Wallet for sure. Preferably hardware like Trezor or Ledger nano if we are talking about large amounts.
It is better to pay once and be calm.
It is better to pay once and be calm.
As for me, the coins that I want to use, that is, to trade and so on in the course of the next time, they are on my stock exchange, if I hold then I use the coin purse
And at the same time, we still see a large commission and this becomes not very profitable for small games.
Since I am afraid of gox, I try to use wallet as much as possible.
In my opinion, it is better to store your coins or token in wallet to be secured and to avoid hackers in exchange. Many exchange site that is harmful to the hackers out there but choose an exchange that is secured when it comes to holding your coins or tokens. Exchange and wallet are forms of investment in the crypto market all have their own effect. Hold the coin tends to grow steadily for a long time or catch the coin to accelerate in a short time to trade
Yes, All ICOs clearly warn users not to send funds from an exchange to avoid any complications. Do not store coins in an exchange if you are not going to trade it. There is a big chance for your coins to loss once the exchange is been hacked or having a big problem. It is safer to store your crypto coins in wallets than exchanges as there are more chances of loosing your crypto coins if you store your coins in the online exchanges
When you have little amount of money you can leave it on exchange to trade it, or waiting for dips so you can buy in later. But when you have important funds in stake you have to keep them safe. Wallet it's essential, mandatory. I don't prefer wallet, I will choose it's simply because using wallet, I cannot get my token right away. Granted, in some cases, exchanges will eventually support these ICO tokens and return the purchased amount to the customer
As for me, the coins that I want to use, that is, to trade and so on in the course of the next time, they are on my stock exchange, if I hold then I use the coin purse
The main feature of exchanges is that you can trade your crypto here. If you are a customer of some exchange you are to know that your funds are kept be the third party. Roughly speaking, you have no your funds, just the opportunity to trade not to store. When you have an account on an exchange you have no private key, it is kept by the exchange servers which are always hacked. So, the choice between wallet and exchange depends on your purposes.
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 choose a proven wallets. So there is at least some confidence that the service will not be closed along with your savings. 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
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