Exchange or Wallet?

[roseann072518]

in my opinion you can safely save your coins in the wallet, wallet the you only know how to access .. instead of exchange sometimes going to hack ..put a fund or coins on exchange when you want to trade only

[bundjoie02]

I use both, but you can trust the wallet.it is very easy to use and I have never experienced any hardship or acceptance until now.

I keep my coins on exchange but only those coins that I earn from trading, my other coins I keep it for a long term on my wallet because I want to sell them when the price hit the high level.

[coin_1122]

Don't keep all your coins in the exchanges because it is very risky one because there are many hacker who wants steal them. So it is better to hold the coins on the wallets because it will be in our control and without our permission it is impossible to hack them. So we have to twice before sending and clicking any link.

[Turkish88]

Its phenomen all know what storing on wallet better but store on exchange because its comfortably
And also you can fast sell coins if price pumped

[Leighton Walker]

For me, I am using both to keep my coins but I prefer exchange because sometime I am in hurry to sell the coins immediately because of sudden spike in price but if I have it on exchange, then it is possible that I can sell instantly. On the other hand, wallet is most secured place for the coins to keep it, but sometime I face with problem in transferring from wallet to exchange, it takes long than usual.

[andika2018]

Hi! If you want junt hold your cryptocurrency for a long time, use your wallet it is much more safe than exchangers. Even big and popular exchangers like HitBTC with 2FA entrance can be hacked. I lost about $400 last mounth on this exchanger. Pay attention to this post and do not do the same mistakes as I did.

The most safe to keep our coin/token from being stolen is keep on our own wallet. Saving on our wallet, thats mean we have control on safety and if we keep on exchanger, we already know that many hacker success stolen coin/token from exchanger

[Sithara007]

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 not sure about this, but I read somewhere in this forum a few months ago that trojans were detected in a system after someone installed one of the altcoin desktop wallets. So I am always extra-cautious before installing these wallets.

[chikucrypto]

I believe on wallet.I think it is more safer than the exchange. our coins is in our security and anytime i can sell or purchase.also i can sell my coins faster than exchange.

[Hektur]

Even if you set 2factor-auth you can never be sure whether the stock market is legit and not going to bankrupt or scam people.

[GFE]

I have as separate wallets as deposits on several criptocurrency exchanges. The best way is split your portfolio in several places to increase safety of your coins

[Convery]

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

Remember, that if you do not own a privatekey, you do not own anything!
Exchange is storing your privatekeys and this should not be trusted!

[Lavatein]

I think it all depends on the level of risk that you are willing to accept, of course I'll write everything that is more reliable to store on a purse but to overtake coins there is also not an interesting occupation, so it is better to have both there and there

[Ekaterinat]

I prefer a wallet. Some of my friends lost a lot of money after the closure of Mt.Gox and BTC-e, so I do not have confidence in the exchanges and I don't hold coins on them.

[wedosgibas]

More secure and easy to keep all coins for long term is in wallet support ERC20, like Myetherwallet, Metamask and others. But, you can move to the exchange, if you want to trade the coin directly.

[cbIpok]

I would prefer to keep it in the wallet if i am going to hodl it for a long time, but i will keep it in the exchange wallet if i will trade. By the way, the wallets are definitely safer than exchanges.

[chende]

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

prefer using coins original wallet that u have full control of the key.

[dsaijz03]

For me it depends on what you are gonna do they are both useful in holding coins in a way that in exchange it is good for day trading or short term trading but if you are planning for a long term then I think much better to be in a wallet because you do not need to check your coins daily in this way you have control on both asset.

[eert]

I'd rather keep my money in my wallet than at the exchange counter. My money is safely stashed in my purse, and so far my money is safe. Many users have proven it to be very secure on the wallet, but it depends on the wallet we choose.

[terencio]

I recommend storing it in the wallet, but safely keep your private key which is the most important. Exchanges can be hacked, how many hacking occurrences occurred in the past ex. MT Gox.  Crypto is having control with your own asset, we don't want someone managing it on our behalf, this is not a typical bank.


Remember "Be cautios Many wallets and downloads contain Trojans/Malware/Viruses. "

[Davido1174]

Exchanges are mostly used for trading because all coins are not listed on all exchanges and if your horizon is short term then you can hold your coins in any online exchange which have your coins but if your horizon of investment is for 2 to 3 years then you can hold your coins in online or offline wallet as per your wish. Trazor is best wallet to hold coins for a bigger term as it is not accessible without connecting it to a device.