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Author Topic: Exchange or Wallet?  (Read 8735 times)
efey399
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April 10, 2018, 10:25:22 AM
 #1241

The most important and most needed two things in the digital money world are exchange and wallet. reliability and usefulness. my preferred wallet. I have not had a problem until this time
ezajavo
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April 10, 2018, 11:45:30 AM
 #1242

I would recommend much better using exchanges, don't hold on to your coins longer than needed. because a lot of people, especially those who aren’t major investors, keep their coins on the exchange where they bought it. This sure is convenient since then you can trade and store coins all in one place.
btcvinci
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April 10, 2018, 11:47:44 AM
 #1243

Private wallet on hard disk if u have lot of cryptos.
dpoisoner
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April 10, 2018, 07:52:03 PM
 #1244

The purse stores your coins, the stock exchanges usually have wallets embedded in them (a hot wallet) where you can trade your currencies. I choose a wallet

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mastersay
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April 11, 2018, 10:30:05 AM
 #1245

for me better to put it on the wallet

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JuliaJi
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April 11, 2018, 10:34:46 AM
 #1246

Keep your currencies on the wallet! Its kind advise for all! Have bad experience with exchange Coingather, they scamed as I understand and I lose big money in tokens unfortunately!
Captain_Planet
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April 11, 2018, 10:36:14 AM
 #1247

Hardware wallet.  Grin
whatthesith
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April 11, 2018, 10:38:48 AM
 #1248

The best way how to store your coins is offline wallet or Trezor, but it depends how much money you have in crypto, because if you have few bucks, you can keep it on the exchange  Smiley.

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pro2017
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April 11, 2018, 10:40:13 AM
 #1249

the exchange is always more likely to be hacked, I keep my investments in the wallet
Papcio77
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April 11, 2018, 10:41:54 AM
 #1250

Wallet is best absolutely, pros, wallet such as myetherwallet i prefer is you are the only person keep all information, the private key or anything to access your account. That site will no longer data base on every wallet create. Meaning if you loss keys myetherwallet cant recover that.  Unlike exchanger , you will be depending n the security of that website and cons with an exchange is prone in hacking. Look what happrn in one exchange etherdelta. Million of money got by the hacker.


I conclude that accesing only by ourselves is best
Which is wallet
sakuragi03
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April 11, 2018, 11:07:26 AM
 #1251

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


If you're earning tokens here in bitcointalk and want to maximize your earning and do some trading stuff you need an exchanger. But if you just want to hold your coins dude you will need only a wallet. So It will always depend on your goal and purpose. In my case, I use both, wherein I have exchanger which is KuCoin and Coinsph as my local wallet for encashment.
LUCKY21
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April 11, 2018, 11:10:52 AM
 #1252

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

If you plan to trade with coins, then unambiguously they must be stored on the exchange. If you are an investor and coins will stay with you for a long time, then it is better to have wallets and store coins in your purses.
espellogo7
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April 11, 2018, 11:31:05 AM
 #1253

Wallet is more secure for those who wants to hold the coins and looking for safety and security...because for me keeping coins on the exchange is very dangerous can be hacked any time. Be careful your money..
twicezeroiszero
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April 11, 2018, 04:02:05 PM
 #1254

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 these Exchange are good for you :-

Binance

Gate.io

KuCoin

How can you forger about some basic exchanges that i think it's good for all the traders or even newbies also?
It's poloniex, bittrex ( not recommmend for newbies because they're asking for complicated verification).
Binance is good but they got some scandals in the last time due to some problems with hjacks accounts of users.
Kraken could be a good choice also.
I have two accounts on Poloniex and Bittrex, but I did not have any problem to verify my account recently.
You must send enough proof to prove your identity, a Passport for verification usually get "verified" status faster than national ID card or driver ID card.
Beside that, your image should be taken by webcam Wink

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Mery Gason
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April 11, 2018, 04:16:00 PM
 #1255

the exchange is always more likely to be hacked, I keep my investments in the wallet

This is very correct. We must all advise that most of the crypto-assets people should keep on purses if possible.
irwan06
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April 11, 2018, 04:22:39 PM
 #1256

keep in exchanger,a time when we can sell coins
Impros88
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April 11, 2018, 04:24:35 PM
 #1257

Only offline wallet and keep them in safe place like in winrar archive with strong password which canot be decrypted at once , have to copy them 2 times and use only when you need to pay.
Elifey
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April 11, 2018, 04:31:32 PM
 #1258

It is better not to store coins on the exchange purse, even if you believe that the exchange is reliable, Ether Tokens are better stored on MEW and further away from the Internet, but there is also a more reliable option such as hardware wallets.
campica
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April 11, 2018, 04:32:35 PM
 #1259

Depends how much your coins worth. I have all my coins (~$1000) on exchange so if price are good I can sell or buy it really fast. If I have wallet for every coin then I will lose to much $ on fee for deposit and withdraw. I have only bitcoin in wallet.
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April 11, 2018, 04:33:58 PM
 #1260

im using wallet, exchange only when need to sell some altcoins. im not using hard wallets, i have 10 wallets and each wallet have some of my coins =)

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