Exchange or Wallet?

[Twilvin]

The exchanges have a lot of problems and they are not suitable for long-term storage. I believe that if you invest in a long time, it is necessary to create a wallet for each of your coins.

[Min Mae]

Anything is better, Using exchange or wallet depends on your aim. If you like trading, you should use exchange, it is more convenient.

[Chronner]

I think (if we would speak about alternative cryptos) that most secure is to use MyEtherWallet and add a Metamask extension to that

The most part on MEW. BUT do not forget that there are more Waves and NEO. They have their reliable good wallets.

[Clara Nim]

Nothing is better. You need to know Do you want to hold for long term or short term. If it is short term, whatever you use. If it is long term, I think you should consider about your coins's security, you should use wallet, specially, hardware wallet.

[nerlial]

If you are a frequent player on a crypto-exchange, for example, in pairs BTC / USD or EHT / USD and trade them every day, there is no point in withdrawing them every day from the exchange to the purse and back. But if you bought BTC for example, and want to sell it in a year. It makes sense to bring to the purse.

[Kesha Emily]

Nothing is better. You need to know Do you want to hold for long term or short term. If it is short term, whatever you use. If it is long term, I think you should consider about your coins's security, you should use wallet, specially, hardware wallet.

Yes, I think so nothing is better, but in short term, follow you, I dont need to consider about my coins 's security? I think we should store coins in wallet, hackers can steal coins anytime.

[Xclusive5]

If you are a full time trader the best place to keep your coin is crypto exchange but if you are not a trader but a holder then there is no need keeping your coin on exchanges. Its advisable to open wallet for your coins and keep them there.

[Mallampue]

In my own opinion I will advice to keep/store your cryptocurrencies in an external wallet. That's if you can afford the external wallet and the transfer fee.

yes, it will be better to store in the wallet and not recommended to keep them on the exchange.
it's more secure and safety than store on the exchanges.

[Nevermind344]

I store most of my coins on cold wallets since this is the best way to safely store your funds (for long-term holding), but the coins that I actively trade I keep on exchanges and online wallets (MEW for example) because its very handy and fast.

[k-west]

I prefer both ways of holding coins,I am keeping most of my crypto in cold storage wallets such as Ledger Nano and Trezor but some coins I am holding on a few exchanges for day trading.

[echodike]

Like I did said before, if you are holding for a short term then leave it at exchanges because moving it in and out of exchanges requires a fee and that reduces your coin, so leave it if it is short term, but if it's long term then you can move it out.

[minipun]

if you are a regular trader then it's better to keep them in an exchange because of the transaction fee and time. but if you are a HODLer then it's better  keep them in a hardware wallet because it's the safest

[nev1d]

I will choose a wallet, because it is much more reliable than exchangers. I can go to the wallet at any time, the main thing is not to lose my key. And with the exchanger something can happen and all my tokens will be gone

[Asgar 9]

It seems to me that recently, hacking of crypto exchanges is very rare. Every year it becomes more and more secure. So sometimes you can store your money on the exchange.

[arpaul]

I prefer to keep each altcoin in their official wallet than leaveing all of them on exchange. 
I don't like leaving them on exchange because there's always risk of hacking and your account can be suspended for some reason.
It is always safer to hold it in wallet but it requires a lot of effort and hard disk space to store all that wallets, the cons is it's troublesome to move them if you want to sell some of them.

[dtimmy]

As for me i don't think there is a secure than having a token in it original wallet than leaving it on exchange,it is more protected in wallet.especially those who are holding for long time should make use of open wallet.

[Guli]

Hello. It always depends on what you want to happen, if you want to trade which is obviously a risk then you should pick exchange and if you want to just store your tokens and coins you earned then better choose wallet. Why do you have to think if you can have both of them, in earning your tokens you can use your wallet as your storage and in creating and getting more of coins then do exchange as simple as that.

[rodicadior]

I choose both. there are some of my tokens that I keep in the exchanger, there is also what I keep in the wallet. why I save in exchanger? because if at any time I want to buy altcoin, I don't have to bother to send it again. advice, if you want to keep investing, just save it in exhanger, if not better open a new wallet.

[MadSmiles]

I choose both. there are some of my tokens that I keep in the exchanger, there is also what I keep in the wallet. why I save in exchanger? because if at any time I want to buy altcoin, I don't have to bother to send it again. advice, if you want to keep investing, just save it in exhanger, if not better open a new wallet.

Both is a nice option for most people that need the money stored or spent on demand. I choose having an active wallet on an exchange because I could make trades with it.

[Holla123]

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

There is only 2 Exchanges where I would consider keeping coins right now. These are binance and cobinhood. Hacken will introduce their crupto exchange rankings soon. This might give additional insights. Apart from that I think your own hardware wallet is the best place to keep things.