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Author Topic: Exchange or Wallet?  (Read 8754 times)
Cryptocb
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June 21, 2018, 12:49:21 PM
 #2281

The best wallet address to save your token is the one you create by your self, because you have the full access to it, including private key, secondly any exchange used to sell, is a personal choice, than exchange wallet address.
adam24409
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June 21, 2018, 01:56:00 PM
 #2282

I prefer to put a wallet as long as the wallet is safe and no one knows the key.
depending on their beliefs respectively.
mr_smith99
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June 21, 2018, 02:17:50 PM
 #2283

i do both because i trade with some coins as well
Sandra999
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June 21, 2018, 03:28:54 PM
 #2284

Both are the good options, if you are trader then exchange is the best option for you and if you are investor then go for Wallet and moreover wallet is more secure than exchange. Exchanges are for day trader while wallet are for longer term investors
lkcryptoman
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June 22, 2018, 07:19:02 AM
 #2285

From the point of view of what's more secure I think exchanges and open web wallets are the same. It's easy to hack both. Desktop wallets are little bit more secure but still not perfect. But where to keep crypto depends on your aims.
snowfu199
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June 22, 2018, 07:57:38 AM
 #2286

It depends what you want to do.
If you are daily trader then dont think you need sent them to wallet everyday then to exchange; if you are long term Hodler then yes you need keep them on Wallets.
ronaldo macus
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June 22, 2018, 08:05:00 AM
 #2287

Crypto storage today is a dilemma. Many people are hacking wallets and losing crypto. The solution is to use Ledger Wallet. Absolutely 100% security but it also has some disadvantages: can not trade flexible exchange, it is only 1 place. However, the trading exchange today is also quite high security, you can store on it as: binance, huobi, kucoin, ...
pendong101
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June 22, 2018, 08:08:01 AM
 #2288

You keep it in exchange if you want to day trade or hold for short term then if you want to hold for long period then Wallet and it's more safer for me
Haytim
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June 22, 2018, 08:10:39 AM
 #2289

I use stock market sites to buy and sell. The stock market sites are more advantageous for quick transaction in Piayasada. Wallet is better for long-term investments.
annaorlova
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June 22, 2018, 08:17:39 AM
 #2290

I only keep money on big exchanges with good protection against hacking. I have not very many cryptocurrencies, so keep it in a special wallet to me seems pointless. The commission will be very large relative to the total amount.
altofnurrohman
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June 22, 2018, 08:19:10 AM
 #2291

If you want to trade coins/tokens is better to save in exchanges. My suggest don't keep your assets in an exchange for long term. Because recently many exchange have been hack. And if you want to invest, i suggest to save in the wallet. Grin
harjiy
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June 22, 2018, 08:26:21 AM
 #2292

If you want to trade coins/tokens is better to save in exchanges. My suggest don't keep your assets in an exchange for long term. Because recently many exchange have been hack. And if you want to invest, i suggest to save in the wallet. Grin
nice point. find this useful
Malian
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June 22, 2018, 08:27:39 AM
 #2293

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.
Japinat
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June 22, 2018, 08:42:11 AM
 #2294

If you want to trade coins/tokens is better to save in exchanges. My suggest don't keep your assets in an exchange for long term. Because recently many exchange have been hack. And if you want to invest, i suggest to save in the wallet. Grin
If you want to save your coins or tokens in an exchange, save it in a big exchange because they can be trusted.
Recently, the Bithumb exchange were hacked and $30 million worth were stolen but as I read in the news, they promise to reimburse the owners
so that is still a good news.


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BeEvil
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June 23, 2018, 02:38:36 PM
 #2295

Funds can be stored on the exchange for rapid trade in the case if the rates have changed dramatically in any direction (up or down). But this is more suitable for those who invest for a short term and focuses on courses and trading. So is better to keep funds in a cold wallet, or on an offline wallet, but only buy them from the manufacturer or an authorized representative, so as not to buy an offline wallet with a virus, etc.
Indra123
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June 23, 2018, 04:45:50 PM
 #2296

Better to keep the funds is the wallet, and the best is the hardware wallet. But of course you have your computer will also do it.
sylviazapanta19
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June 23, 2018, 04:59:01 PM
 #2297

Not safe to keep coins on exchanges, not heard of mtgox?
pheonyx
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June 23, 2018, 05:01:15 PM
 #2298

Better to keep your cryptos in wallet than in exchange. You can still make fast transaction even it is in your wallet than be it on exchanges which is more risky if the exchange will get hack. Just don't open your wallet always.
trudovik
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June 23, 2018, 05:04:08 PM
 #2299

It seems to me that in this branch already says enough that you do not need to keep your money on the stock exchange accounts in the long term, so I do not advise you to do this, you definitely will be able to lose them if the stock exchange wants it.
seandiumx20
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June 23, 2018, 05:23:58 PM
 #2300

It's very obvious that you must choose wallet because there are cases that you might lose your tokens in exchanges because it's clearly not a wallet. You can't store your tokens in their because it's not wallet, that simple. So you have no reasons to tell an exchanges as a scam if your token are gone in there because it's an exchange not a wallet.

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