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|Bitkoin|
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May 10, 2018, 08:38:49 PM |
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Leaving your coins on an exchange is way more riskier than leaving them in a wallet. Exchanges can be hacked at anytime and since there are no added securities like passcodes needed to transfer out a coin, you can lose all of your coins in the case of an hack and there is nothing that can be done about it. Always transfer out your coins to a wallet controlled by you once you are done trading.
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SolomkA
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Activity: 137
Merit: 10
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May 10, 2018, 08:44:42 PM |
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Depends on what you are going to do with your coins.
If you are an investor and keep coins for a long time, then I would choose a purse.
If you trade, then it doesn't make sense to keep coins on wallet.
You just do not have time to make a profitable deal.
The speed of the transaction, the commission, the constant danger of losing a wallet, etc.
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steinkopf
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May 10, 2018, 08:46:53 PM |
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It seems to me that it is very dangerous to keep money on the exchange account. Every day, exchanges are attacked by hackers. For this reason, you can lose your money.
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bboyjohn
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May 10, 2018, 08:58:33 PM |
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The wallet is always safer. Exchange sites can be hacked, lost your money or collect money and disappear from the crypto world. But the wallet belongs to you and everything in it is always with you, its safer and better  |
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lutfor
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May 10, 2018, 09:01:28 PM |
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It's fully depend on your motives. If you want to hold your cryotos for longer period of time then wallet is the best option or choice. But if you want to hold shorter period of time & also want to take part on crypto trading as well then no doubt exchanges is the best choice for you. So just fixed your goals & go with your choice.
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Samtob4
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Activity: 196
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May 10, 2018, 09:05:07 PM |
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Leaving your coins on an exchange is more risk your wallet is safer ,
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al.nechiporuk
Jr. Member
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Activity: 336
Merit: 1
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May 10, 2018, 09:05:46 PM |
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Depends on what you need. If you are a trader, then of course the stock exchange. If you bought and just waiting for profit, it's better to have a wallet.
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spastikss
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May 10, 2018, 09:08:59 PM |
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If you are a holder, of course you should use wallet. But if you are a trader you can prefer exchange wallet. It depends on what you do.
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toydoll
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May 10, 2018, 09:09:42 PM |
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I have a strategy for long term, so I try to keep my money in my wallet and wait for a good price, I think they are safe there.I don't trust exchanges.But it's only my opinion.
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jak3
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Activity: 1274
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May 10, 2018, 09:14:25 PM |
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Exchanges are never an good option because they are not secure you can easily lost all of your savings if someone hacked the exchange and you are not even getting it back. Keeping multiple currencies is change where if you can then get a wallet for it.putting your money on exchanges is always risky.
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the_others
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Activity: 78
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May 10, 2018, 09:16:54 PM |
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I prefer wallets for BTC, ETH and NEO for long terms, but alts could be in exchanges so that you can intervene for larger losses and you can inrease the numbers by daily trades
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always1337
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Activity: 79
Merit: 10
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May 10, 2018, 09:17:24 PM |
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The cold wallet is the perfect place to store your coin. However, to facilitate the exchange. I think you should keep your coin on exchange
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markovi4mark
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Activity: 168
Merit: 11
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May 10, 2018, 09:20:45 PM |
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The wallet is safer than crypto exchanges, but I believe that it is convenient to keep a small part of the funds on the stock exchange. This allows you to very quickly carry out operations buying the coin in exchange rate fluctuations.
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Bit_Bull82
Newbie
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Activity: 32
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May 10, 2018, 09:22:36 PM |
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It depends if you want to trade or not.
Also best thing is to hold them in different wallets and/or different exchanges so you do not get locked out or if hacked/lost, you minimize the risk.
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DemonHunter83
Newbie
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Activity: 238
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May 10, 2018, 09:22:59 PM |
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It is better to keep on purses. This is much safer, though, because the purses are living longer exchangers. In General, use myetherwallet. Comfortable and functional.
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Vital100
Newbie
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Activity: 17
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May 10, 2018, 09:25:23 PM |
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myetherwallet is very sophisticated. much more comfortable blokchain, but to each his own, you know..  |
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Bitcoin2018
Jr. Member
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Activity: 216
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FORK FROM ENTHUSIASTS, FOR THE COMMUNITY
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May 10, 2018, 09:28:34 PM |
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Your wallet only. Exchange it is not the place to keep your money. There are maby cases when Exchanges lose clients money due different reasons. MtGox, BTC-e and many others.
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FORK FROM ENTHUSIASTS, FOR THE COMMUNITY
$$$ Anonymous Bitcoin $$$
≫ AnonymousBitcoin.io ≪ [t.me/anonymousbitcoin] |
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DeKingCrypto
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May 10, 2018, 09:29:40 PM |
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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 hold your coins for some times before selling and you want the coins to be safe, please use Wallet, as a matter of fact use desktop wallet or any app available, something can easily go wrong in an exchange and that may cost you your coins. |
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shillerguy020
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May 10, 2018, 09:31:25 PM |
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Well, if you keep the coins on the stock exchange, if it is suddenly hacked, you can lose money. This of course can happen with a purse, but this is less likely. I prefer the wallet.
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Betheng
Jr. Member
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Activity: 238
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May 10, 2018, 09:31:51 PM |
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It’s really depends on what is your goal or what you want to do in all your coins. First you want to sell you coins immediately when the value of your coin is high it is an easy money.but if you want to wait for the perfect timing that your coins value is high you should put it in your wallet.
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