Title: Exchange private keys. No way to get out of it? Post by: A.Wolf on August 04, 2017, 12:40:51 PM I'm new to bitcoin and I still can't find a clear answer to my doubt.
If I buy bitcoins on an exchange which won't disclose my private keys, it means I can't send the coins to an address of, say, my electrum cold wallet? Is this the case? I would be forced to sell and buy only within the exchange? If so, how can I use my coins for something else than trading or investing? ??? The next question is, is there a list of exchanges that disclose your own private keys? Title: Re: Exchange private keys. No way to get out of it? Post by: TryNinja on August 04, 2017, 01:14:03 PM If I buy bitcoins on an exchange which won't disclose my private keys, it means I can't send the coins to an address of, say, my electrum cold wallet? Yes, you can. But not directly like you would with a wallet you control. All exchanges will let you ask for a withdraw of your coins, which will be sent to the address you choose previously.Is this the case? I would be forced to sell and buy only within the exchange? You will see a withdraw page with instructions on how to request your coins.If so, how can I use my coins for something else than trading or investing? ??? The next question is, is there a list of exchanges that disclose your own private keys? No.Title: Re: Exchange private keys. No way to get out of it? Post by: Coin-Keeper on August 05, 2017, 12:34:36 AM There is some good reading at localbitcoins dot com. Transfer of coins from your wallet there to an Electrum wallet is fast and safe.
Title: Re: Exchange private keys. No way to get out of it? Post by: zoomzoom on August 05, 2017, 02:06:34 AM It's cos the coins, in a lot of cases, aren't really in your wallet when in an exchange, only when depositing to, and withdrawing from the site, are the actual wallets used, this to avoid fees. I think the site would be reluctant to give out keys for wallet associated with you as they would lose fees from it.
Title: Re: Exchange private keys. No way to get out of it? Post by: CoinFalcon on August 05, 2017, 03:10:27 AM Most exchanges will not give you access to the private keys for simplicity reasons but as soon as you move them to a wallet such as bitcoin core, you will have access to them.
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