Exchange or Wallet?

[Ociwiw]

In principle, not so many purses are needed, one for bitcoin, the second Etherium and for all other coins!

[1715559233]

1715559233

[KXC247]

Both are good as they perform different functions. Exchange wallet is normally used for trading and you don't have full control over it while in terms of normal wallets you have full control over it as the private keys and even the address belongs to the owners alone. It's the best place to save your coins after trading in exchange it important you move your coins to your wallet for safety

[Help_You]

It is clear that if you want to trade you tokens, you must use some exchange platforms. So, if you want to trade- just leave them on its platform, if you want to hold it- put in your wallet and forget about it.

[rltim555]

Guys, some days ago my MEW was hacked and I lost 500$ (I know that it is not possible to hack MEW and obviously it was my fault), so since that time I decided not to store all my money on MEW , but split between exchanges and Mew.

[btcvinci]

Noting is secure nowadays. Neither any exchange or any online wallet can secure from theft. However, there is a silver lining. If you know how to configure a hard wallet, you most definitely should. it's the most secure way to store your crypto, though given that your hard disk where you store your hard wallet should not get corrupted. In order to prevent that, you should take multiple backups. Else one way is to evenly distribute your crypto balance across different online wallets. But refrain from exchanges. they are very insecure and most liable to attacks and thefts.

[Liberto]

Of course for having more security, I would choose to have my investment both on exchange and on the wallet, even on many wallets

[trynomal]

I use wallet exchange, I think it is very convenient and safe . But everyone chooses for himself what he likes

[Black Angel]

I think big exchanges like binance, livecoin or kucoin are safer than wallets and I like than wallet, the important thing is that we activate all security features so that the coins or tokens stored are safer than the wallet.

[pat25]

If you want to hold your coins for few years then use wallet. When you are a trader and you are trading everyday, then use exchange, because it is cheaper than sending a lot of transactions everyday.

[rodney0101]

I like to keep all of my tokens or coins in my wallet and if I want to sell them then I will transfer my coins in a specific exchange. I don't like to day trade so I will choose to keep my coins in my wallet.

[minerdiary]

I prefer save coins on a wallet to which I have a private key. I have nothing against exchanges, however, there were several situations when they failed and I was losing money.
Therefore, I believe that most of the coins are better kept on a wallet and part for trading on exchanges

[Liberto]

Simple, go and create some diversity for being more secure and confident! But dont hold on exchange, it is not safe enough, also - there is no need to create a new one for every single coin, as for me!

[hoplimkekr]

Wallet that you own a private key is better and safer but if you constantly trade then put your funds in the exchange to save you from sending it back and forth. Put only those coins that you are holding long term in your wallet and it should offline wallet.

[Boromon]

Keeping coins in an exchange sites was not a good idea, because anytime that exchange sites decided to closed it up. So if you want to hold tokens for a long period it's better to store them in a wallet, not exchange.

[degrasle]

If you don`t plan to trade them, then is better not to keep your coins on any exchange. Indeed, if you have many different coins, it`s more convenient to keep all of them in a single place, but you have complete control over your funds only if you keep them in your wallets. Obviously, a hardware wallet would be the safest choice.

[travelgear17]

hold the coin tends to grow step by step for a long term or capture the coin to accelerate in a quick time to exchange. It depends on the selections and strategies of everybody. so long as it is powerful to generate profit.

[WorldTraveller]

In my case I am storing btc in my wallet because it has feature where i can convert my fiat money into btc so whenever i want to buy btc or btc to fiat. its already in the wallet and also it has certain service where i can buy prepaid load and paying bills. So for now this wallet is useful to me. may I could use exchanger if i wanted to buy altcoins or vice versa.
 

 
 

[lkcryptoman]

I would choose wallet over exchange because it's easier to manage the money using wallet. It is also more convenient transfering money or transacting with others using the wallet.

[paxmao]

Both are useful. Mostly, use cold storage for the larger part of your funds and then consider a wallet and some exchange accounts for the rest of the coins.

[lutcor]

Always, remember always! Keep money only on your media, in the long term your money will be lost or at the very right moment they will be blocked under the guise of the fact that your wallet is working, I do not know what they can do, but you I think understand what they do with your money.