Topic: safe to store about 15 altcoins on bittrex about $8k - page 2. (Read 238 times)
It has some pros but even more cons in my opinion. I would say that with bittrex being s registered company the risk of them running away with coins isn't that much of a concern (athough still a possibility). Exchanges have been irresponsible with handling customer funds in many cases and recovery can be an extremely long process like with mtgox or seemingly impossible like with cryptsy. Better keep the alts on your own, take advantage of their "bee your own bank" ideals and care about security on your own.
any selling second hand wallet?
It is not recommended to keep your coins in exchanges for long term. Keep those you are trading daily and send the rest to a safe wallet which you control the private keys. It is good to buy a hardware wallet if it support majority of your coins.
safe to store about 15 altcoins on bittrex about $8k
If you're trading then you don't have a lot of choice, if your portfolio begins to grow you can store it in various exchanges to trade with. If you're not trading then you can remove it to a wallet of your choosing. Personally I have lots of funds on exchanges and worrying about them being hacked isn't the forefront of my worries.
It is not ideal to keep all your portfolio on an exchange but if you are looking to trade them often then it is ok, if you are holding for long term then i recommend to store in your personal wallet or offline wallets.
safe to store about 15 altcoins on bittrex about $8k
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