Topic: What do you choose between wallet or exchange ? - page 9. (Read 1018 times)
In the beginning I used exchanges but now I transfered to a personal wallet. Occasionally i use exchanges to purchase cryptos but then I transfer it to my wallet. If anything occures, I can transfer it to any of the exchanges cheaply and in a fast manner while if I hold all of my crypto on one exchange and there is high volume I have to wait for hours until the servers become operational again
I further recommend sharing it 50:50 because both are not 100% safe if you want the most secure, is to store it in a hardware wallet like Trezor or Nano Ledger, then, your job is to keep the wallet out of reach of children or maybe your friends do not need to know
Mostly of my tokens are stored in my wallet for holding because I think the market is still you and has plenty more room for growth thus, I'll just hold it. I often withdraw only what I need from my wallet if I need it.
Actually, I hold the money to make them safe. I am scared of hackers, so I do not like to use exchanges. So, they are good for trading, yet a wallet is much safer.
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 rather choose both between exchanges and wallets because both are my storages,i make sure that i had an funds in my exchange so whenever i wanna trade i have a ready..and on my wallets so whenever i need to withdraw my convertion is ready..this is how i balance my whole funds for easy way of using.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'm using both : wallet for hodling and exchange for trading . I think sometimes we need to trade , because it can safe our funds from massive losses , or even give a profit . Hodling can give good profit too , but it require to much time to wait . Combining both methods is a much better as for me .
We have the same principle in this cryptocurrency mate,we both uses this for our daily venture so what ever may happen were always ready,and were save on hacking because our funds spreads to many storages if ever we become victim atleast lessen than single
I'm using both : wallet for hodling and exchange for trading . I think sometimes we need to trade , because it can safe our funds from massive losses , or even give a profit . Hodling can give good profit too , but it require to much time to wait . Combining both methods is a much better as for me .
I choose the wallet, because when you use wallet, you can sleep in peace and convenience
Also, when you keep your tokens in wallet, you could get tips from newly introduced coins as btc or eth hodler
Also, when you keep your tokens in wallet, you could get tips from newly introduced coins as btc or eth hodler
I wouldn't stay away from just one app. Better use of wallet and exchanger 2 in 1. I'm currently using the mobile wallet of ethereum, erc20 and erc223 tokens. Its exchanger will come soon, built with a hybrid security exchanger. It's easy for me to get into this app because it's all right there, I can trade or hold easily. I'll just try it's exchanger and hopefully it's very advantageous to use. Using this type of wallet plus exchanger can easily keep up with the volatility of the coins when suddenly fallen off can immediately buy and holds. When making a decision to sell hassle free because it's already there.
I prefer long-term investments and I am keeping my coins in wallet. Exchange is for trading only. I don't thing that exchanges are safe enough to keep my investments there long time.
The thing is that both have different significance, I mostly used the exchange for day trading to safe my transaction fee, and uses hardware wallet to store the tokens i have to hold for long.
I think hardware wallet is more safer compare to exchange.
I think hardware wallet is more safer compare to exchange.
Each of it has its benefit. Some times i use exchange and at some other times i use wallet if i have made up my mind to hold for long.
There are coins that are good for constant trading, while some are good for long time hold. Although, this depend on individual's view.
My advise to most people is that, if you do not know how to trade, it is better to hold in wallet, then learn trading techniques before starting.
The only thing i cannot do is hold my coin in exchange wallet for a long time, because this i do not see to be well secured.
There are coins that are good for constant trading, while some are good for long time hold. Although, this depend on individual's view.
My advise to most people is that, if you do not know how to trade, it is better to hold in wallet, then learn trading techniques before starting.
The only thing i cannot do is hold my coin in exchange wallet for a long time, because this i do not see to be well secured.
Actually I use exchange wallet because i'm a trader. I just have a wallet from myetherwallet for receive bounty reward and a wallet in blockchain.info but until now not have asset yet. Lol..
Actually if you not plan to hodl your asset, use exchange walletnis the best but you also must have a wallet to store your wallet when you tired to trade.
Actually if you not plan to hodl your asset, use exchange walletnis the best but you also must have a wallet to store your wallet when you tired to trade.
depends if you are a day or short-term trader then it is better to keep your coins on an exchange on which you are going to trade frequently, to avoid withdrawal fees to get your coins deposited in your wallet. If you are a long/mid term trade then it is highly recommended to store the coins in a personal wallet for which the private keys you are holding. I only use to keep those amount of coins on an exchange that I am going to trade less than a week rest coin I am keeping in my wallet, yes you are right hardware is also the best option also Desktop wallets too, as exchanges are not safe to store your coins for a long time.
I use both .Myetherwallet when i keep coins and Binance and KUCOin for trading.Transferring coins is only like 1$ fee
I think both these exchanges are safe even if they are not decentralized
I think both these exchanges are safe even if they are not decentralized
I prefer to keep cryptocurrency in both places, but most of fundes - on the wallets. Usually i don't trade, i prefer long holding,but someties i need to buy something very quickly, so that comfartable to have some amount of BTC and ETH on the exchange.
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.
A desktop wallet is the safest. A hardware wallet is not safe unless the wallet was built by yourself. If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.
Well for me if you are a trader you should choose an exchange , but if your an holder or investor you should choose wallet because its safer . there are possibilities that known exchange will close or even scam. so if your a day trader or just a trader better choose exchange and watch it everytime every news everything cause its like your vault .
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.
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.
It is based on your purpose if you are going to trade that coin sooner then keep it in an exchange but it is not a safe place to store our coins.Even if you want to hold your coin for a while then choose the wallets,if hardware wallets then your coins are secured.
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.
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 you should always choose wallet, except when you are going to sell it very, very quick.
IMO mid-term holdings are for wallet as well.
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 use wallet to hold coin for long term, and only trade about 20% of total coins that I have. Wallet which allows you to keep your private keys will keep you safe from scam. If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.
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