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Topic: What do you choose between wallet or exchange ? - page 5. (Read 1018 times)

member
Activity: 210
Merit: 10
I trade on different exchanges, about 6-7 and I keep all the money for them. At any time I can sell them or exchange them! Of course this is a risk, but when you are engaged in trading, it's hard for another. Coins received by ICO so far I hold on my wallet, because I will hold them for a long time.
full member
Activity: 449
Merit: 102
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what do you use wallet or exchange for?  Do you want to trade or hold ?
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.
of course I prefer to trade, as long as I am holding the coin, I may be able to circulate my holdings, I can earn from it, I can add the number of it, and I can see its movement.
member
Activity: 308
Merit: 10
IF you want to hold for long term than it is better to keep your coins in a wallet. I use myetherwallet and it is fine
newbie
Activity: 140
Merit: 0
Usually I store cryptocurrencies on the exchange, which is convenient, for quick transactions.of course, if are optimistic about the long-term, do not intend to sell, I will put the crypto currency in my local wallet.
jr. member
Activity: 165
Merit: 1
HI : HEALTH
what do you use wallet or exchange for?  Do you want to trade or hold ?
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.
hi,  I use multi-signature wallets for holding coins. Multi-signature wallets make it so that n-of-m keys must sign a transaction before moving funds. In its simplest form it is 2-of-3 keys. For Bitcoin and bitcoin variants (e.g. Litecoin), this is absolutely how I would recommend to store institutional funds.
newbie
Activity: 99
Merit: 0
what do you use wallet or exchange for?  Do you want to trade or hold ?
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.


I think everyone knows that without you having to tell. everyone does the same thing when going to trade or just holding back the bitcoin or altcoin.

For me im prefer to keep my coin into wallet. ill wait the good time price when i sell my coin. for now i want invest more for the big profit soon. better to do is keep our coin into wallet and invest more then that times are getting high we want exchange this to chance a get a big profit.
sr. member
Activity: 868
Merit: 251
Empowering crypto w/ sustainable energy
To give you a very good advise never EVER store your crpyto coins/tokens at an exchange. There are multiple examples from the past that an exchange CAN be hacked and then Huh ... your coins are lost amigo Grin
sr. member
Activity: 742
Merit: 250
what do you use wallet or exchange for?  Do you want to trade or hold ?
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.
Wallet without fail... if the exchange gets shut down game over you loose out.
You must also consider trading patterns. If you are an intra-day trader no way you can move your coins every hour between wallet and exchange. But, if you plan to hold a coin for long time, not use it in your intra-day, then store it in a cold wallet.
sr. member
Activity: 2604
Merit: 338
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what do you use wallet or exchange for?  Do you want to trade or hold ?
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.
Basic thing and theres no need to repeat this kind of illustration yet there are lots of topic already towards this matter. Exchange wallets would only give advantage if you do make active trades but if you do tend to hold for long term then hardware wallets would be suggested. Storage will be depending on ones decision on where which path hes going either for long or short term.As long you are aware into your own coins then it should be fine.
full member
Activity: 376
Merit: 100
Bcnex - The Ultimate Blockchain Trading Platform
what do you use wallet or exchange for?  Do you want to trade or hold ?
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.


I think everyone knows that without you having to tell. everyone does the same thing when going to trade or just holding back the bitcoin or altcoin.
full member
Activity: 308
Merit: 100
i am prefer to safe my coin in exchange for the "mid term" investment that will be sell when the price already good. but, for the coin that already noted best to be long term holding. i prefer online wallet for long term holding.
member
Activity: 210
Merit: 11
I feel safer with a hardware wallet.
But from time to time I have to keep it on the exchange.
member
Activity: 406
Merit: 12
I prefer to keep my coins in my wallet, because it's more reliable. This method allows me not only to keep the funds safe, but also to get a good profit.
member
Activity: 420
Merit: 10
I personally use both. I use my wallet to store my coins and tokens for long term and For exchange I use them for trading and do not use exchange to store longer my coins are there ...
newbie
Activity: 119
Merit: 0
for a long term investment, it is safer to keep in your wallet. i use Coinbase and Exodus wallet.
for short term investment e.g. day trade, i would keep in exchange.
sr. member
Activity: 854
Merit: 251
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For me it depends on the coin and if I need some money when I get the coin or token,
If I need some Fiat then I would deposit it in the trading site but if I don't then I would just keep it on hold in my wallet.
member
Activity: 378
Merit: 10
It depends on you, if you are day trader then you can choose exchanges like Bittrex, Binnance, which will provide you good security features. or If you want to hold your coins for long term then Hardware wallet is best way to keep your coin secure.
legendary
Activity: 1442
Merit: 1025
If it is ETH I think myetherwallet should be used. If you want to exchange I think it's a good idea to look for a quality trading platform such as bittrex, binance .... to keep bitcoin, eth or altcoin easy to trade.
The good thing however with some of the tokens today is that they are based on the ETH smart contract and that makes it easy to store everything in a single ETH wallet and hold the private key safely and even if I want to do any quick trade, I can easily make use of decentralized exchanges to do my thing.

I still have some coins on exchanges such as bittrex and binance, and hopefully, nothing happen to them, but nothing more than I could not handle even if both exchanges decide to fold up. I am sorry honestly I am not expecting them to do so. But in practical, we cannot do anything what is going to happen in future, I meant that alone.
jr. member
Activity: 148
Merit: 1
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I use many kinds of coins. If you install wallets for all coins, then it uses a lot of space and is unsafe (in some "hot" coin purses a virus may be hiding), so some coins are stored on the exchange.
member
Activity: 140
Merit: 10
what do you use wallet or exchange for?  Do you want to trade or hold ?
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.

I choose wallet because I think it much more safer and also because I prefer to hold coins
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