Exchange or Wallet?

[torukmakto]

these are  very important digital currency platforms. my preference is definitely the wallet. because it is more reliable and useful. exchange sites are becoming more complicated for investors and are more affordable for internet thieves.

[dubinsky]

With confidence I will choose wallet, especially hardware wallet to save the coin. Hardware wallet is expensive, but if it's for a more security for an investment it does not matter to me. Exchange sites are too risky for hacking and theft.

[Sandy25]

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

For me its more safer on your personal wallet than exchange if you will hold it for long term but if you trade oftentimes just keep it on your trusted exchanges..  Then pull out once you have decided to hold for long term..personally Im not that confident to put it for long on exchanges..

[mammoniter]

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 much safer and it is a must to have a wallet for your coins if not for each coin. There are some cases of exchange platforms being hacked or out of service and most of them wouldn't also recommend you for storing your funds in them for a long period of time unless you want your funds to be placed for an opening trade in that platform then that is good but still you have to make a wallet aside from those provided from exchange platforms.

[piscook]

In my opinion, If you plan to actively trade, then, of course, better keep your money in exchange. If you are planning to hold, then wallet is a better choice. And Also hardware wallet is safer than an online wallet. The device is expensive but maybe you may lose more than the device money with any hacking case.

[BitcoinTurk]

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

Having an investment in your stock market account is a long term risk. Especially if you have a high volume of crypto coins you choose, your account will be in the event of a possible hack, and all your money in your account will enter into a risk. If the site you are using is closed or advertised, you will still have your money, you can not shoot. For that reason, it is beneficial to keep your investment savings at your wallet if you need long term.

[hanapre]

If you want to trade with your assets, the best option is to use the exchange so you can transact directly. It is better to keep the exchange, preferably on some, two identification factors will protect you. If you keep it for a long time, it's better to have a wallet. Because you want to get your assets.

[Nikolya]

If the amount is large, it is advisable to store it on your wallet. And if you have to trade daily, it is better to leave it on the exchange.

[Pamahaw]

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 would keep my coins in my wallet because i have full control of it as long as i don't have any problem with my private key.

[bitcoinhunter1221]

If you are trading daily, it could be better if you store it in an exchange for you to lessen fees. But be careful, there are a lot of issues about token security in an exchange. If you have huge funds, it's better to keep it in your wallet. But remember, don't put all the eggs in one basket.

[ARtema]

As for me, I'd recommend to split your assets and keep the major part of your coins in a cold wallet or hardware wallet like Ledger Nano S  Trezor.

[Redhead5]

It depends what you want to do. If you want to trade then obviously an exchange. If you want to hold then wallet is best as you have total control over your assets. You have the keys to access wallet and you can send where you want.Some holders are having problems getting funds released from certain exchangers.

It depends upon your decision because you are the one who will decide which is best for you. If you in need of money for some family expenses then trade for exchange but if you want to hold for long term investment plan then stored it in a cold wallet for safekeeping. Be vigilant for the hackers because they are always watching our wallet for them to easily hack.

[Wayan_Pedjeng]

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 own dozens of altcoins, then it can be quite irritating and unsafe to install the desktop wallets for all of these coins. But then again, if your holdings are significant, then I'd never advice you to store your coins in an exchange wallet.

[onetwostep]

No exchange is completely safe. We saw that even the biggest exchanges in previous years were frauds. For this reason it is safer to use your own wallets, dont trust the exchanges

[ipbitrung01]

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 your money is traded on a daily basis or kept for a certain period of time, the Exchange option is most appropriate. But you want to keep that money for a long time, then you should choose Wallet. Because Wallet is stable, it is not dominated by the market. But keep in the wallet you need to pay attention to the absolute security of the password.

[Carisba]

It's safer the wallet because you have a private seed!

[Lan75]

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 am a guy that would like to hold coins for a certain period of time and because of that i prefer to use wallet because for me it is decentralized. Unlike exchange where you have no control over it, in wallet you have full control over your coins.

[moonriver]

Although I trust exchanges like Binance, I'd never keep much of my coins there.
It is always good practice to keep the majority of your coins in your own wallet.

[fosco333]

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 it is not recommended to safe your coins at exchange wallet unless you want to trading.
if you want to do trading, it is ok. but if you are not trading, transfer and safe your coins into your personal wallet.

[therwas]

All depends on your summ of investments, if investments are big then use wallet, if small you can use exchanges to not losee fees to transfer coins.