Exchange or Wallet?

[bendernine]

I think we'd better open a wallet for every coin we have. Is not it dangerous to keep our coins in the wallet exchange. Because there is also an exchange that requires us to enter our private key. This really bothered me.
So for security reasons I chose to make a wallet for the appropriate coin.

[silver23]

if about safety i choose Wallet.
because, Wallet have a good secure to protect our asset.
but wallet can't do trade and just exchanger can do trading.
just it.

[potatocrasher69]

It is more astute to store your coins in a wallet. Once a trading stage or platforms  is hacked say goodbye to your sweetheart coins. Disregarding the way that having your coins in an exchange is exceptionally beneficial also, assume the cost of the coin out of the blue went up, you can without a lot of an extend trade it. If the coin or token has a wallet you should most verifiably use it. The disadvantage will be you dealing with another wallet.dat or whatever however that cost is little to pay if an exchange gets hacked or goes down.

[arondaly]

If you are not even withdrawing your tokens into btc and into fiat or you are not trading them, you have no business with the exchange. At least, it is better to keep seeing your funds growing in your wallet where you have the private key of the wallet in a safe place, than sleeping with one eyes opened if you are leaving your funds in an exchange.

[rh72]

Exchange or wallet what you choose depend on what you will do. If you wanna trade your coin or if you wanna withdraw your coin in eth or btc or make real money, of course you need exchange. But if you wanna only save or hold your coin you only need wallet.

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[Megashaw]

Keeping your coins/tokens in a wallet inwhich you hold your private keys is better than leaving them in exchange. If an exchange is hack then you lose your coins.
But if you day trade then you might wanna move a fraction of your coins to an exchange for easy access

[FalconB]

I prefer a wallet. But if you are going to store money on the stock exchange, then go to the choice of the stock exchange with responsibility. Choose only large and trusted exchanges such as Binance, Bitrix and many others

[elitemobb]

Definitely a wallet! I advise you never to keep your funds on the exchange, because when you break into the data of the exchange, all your data will be stolen, which will lead to the loss of all your funds!

[Badhuamin]

for my own I keep my coin in exchange because it is quite safe and easy to sell if at any time the price back to normal.

[sousay]

I don't have any coin that's why I don't know how to react on this topic but I will take all the suggestions ceriously as a reference in the future.

[sari_]

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 i always keep the coin that i have in wallet gan. then every time I do an exchange always open my wallet. because I think it's safer than theft. sometimes I am also worried gan because I used to have broken into my wallet .maybe it was from my own fault. because at least the knowledge about securing the right assets ..

[bitcoinvestor]

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 want to quick trade you can save in exchanger but if you want to secure your asset , wallet is better. Exchanger has risk of hacked attempt and deceive members. I lost more than 3 BTC in cryptodao because the admin cheat my deposit.

[ethergod]

When possible, store your coins in a wallet, especially a paper wallet. Exchanges are prime targets for hackers. Also, with exchanges there is a risk of an inside job -- employees stealing. Always use 2FA as a security measure at exchanges.

[iancortis]

if your plan to hold for a long time.. much better go for desktop wallet or cold wallet that you own a privatekey.  exchanger wallets are use sometimes for storage but not recommended because maybe it froze or lock when the website getting maintenance. so, you can withdraw or transfer your funds.

[HoardApp]

Two words: Mt. Gox. Seriously, don't let this happen to you. This is your hard earned money & crypto. Take the proper steps to secure your crypto and its safety. This should be a priority.

[Horick]

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

It is your choice. If you think it is the right time to sell then do it. Or if you want more profit, you will wait for the time the value is high, then you can save it in your wallet.

[Bobocantik]

As long as you use Exchange that can be trusted or that has a high popularity you can just keep your money there. But if want to be more secure I suggest to use a private wallet just to anticipate something bad thing happened to your money.

[paramex]

According to my way of thinking, what they often say is always or better in the wallet. because I think more wallets are protected. and also if you do not have a private key. then it's not your coins or tokens. but the best of all is not storing your coins on the stock if you're looking for a quick sale then I think it's fine. it's fine to let them in exchange and then cash out.

[sungaiyangderas]

in my opinion, it's better to keep your coins in your wallet, if the price of a coin suddenly rises, you can easily trade it. By keeping it in your wallet, it may take some time to confirm and during this time the price may have gone down, If you hold the coin for a long time, keep it in your wallet, and exchange it whenever you are ready or you really need to.