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Author Topic: Exchange or Wallet?  (Read 8669 times)
Mery Gason
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July 02, 2018, 02:53:51 PM
 #2441

I keep my money on different Exchanges. I trust the Exchanges as well as the wallets. In this case, I have small amounts of money.
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kolpher001
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July 02, 2018, 03:06:39 PM
 #2442

i think wallet is better than exchange wallets. because i have a experiance that when i want to withdraw or sell my coins there is a maintenance on exchange. so i was helpless at that time and i couldnt sell them at the top value of the market because of that reason. so i think it is better to use wallet than storing on exchanges 
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July 02, 2018, 03:10:42 PM
 #2443

It is obviously your wallet. The recent report even about the attacks on exchange platform makes it a very bad idea to leave your coins on an exchange platform. However, it becomes quite difficult to transfer your coins into wallet if you day trade but in any case, the wallet is the best option

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vhoang142
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July 03, 2018, 08:24:17 AM
 #2444

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.
Luclfer
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July 03, 2018, 08:31:31 AM
 #2445

I keep all my coins on different exchanges. I don't trust wallets at all. If the exchange steals coins, the exchange will try to compensate for the damage. If they steal my wallet, no one will help me.
razinvel
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July 03, 2018, 08:35:08 AM
 #2446

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'd better keep all my assets on the stock exchange, as it allows you to quickly respond to what's happening and to change prices, you can at any time sell or buy the necessary coins! and such a stock exchange as Binance, is not inferior to wallets, so I recommend!
btcnijuan
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July 03, 2018, 08:39:46 AM
 #2447

Its always better to keep your coins on your wallet. I only put my coins on exchanger sites when i'm trading some of my coins, I don't put all of it in exchange.
r.black
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July 03, 2018, 08:43:21 AM
 #2448

If you pay attention, exactly one year ago the list of the best exchanges was completely different. This suggests that any exchange may eventually fail or be hacked. Therefore, I would recommend storing fixed assets on cold wallets, and on exchanges to keep only what you are going to sell or exchange - so it will be safer for you. Also try to use official coin purses, as multi-purses may not be very reliable for long-term storage.
yazher
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July 03, 2018, 08:45:21 AM
 #2449

Still i chooses wallet to store my Crypto currencies cause exchanges are often being attacked by a serial hacker even the big one is not safe so it's better for us to deposit our Altcoin to a known wallet like a hardware one i recommend to you nano ledger it's the best hardware wallet out there you can try it out just search store online on google make sure it is a trusted one.
saulzaents
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July 03, 2018, 08:53:40 AM
 #2450

I never ever trust a central stock exchange. I do not recommend it to anyone. everyone is responsible for their own money. attract long-term investments
ArIMy11
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July 03, 2018, 09:03:01 AM
 #2451

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

It is okay to store coins in wallet or exchangers but I like store my coins in exchangers because when the times comes that I want to sell my coins, I will just set it any time that I want. If it is in my wallet, fee in transferring will be my another problem plus the time it takes to transfer the coin.

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huanglui
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July 03, 2018, 09:09:48 AM
 #2452

As for me, I prefer to keep my money safe on wallet, because there are more cases of exchange's fail than wallet fail.


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Haiishdh
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July 03, 2018, 09:20:00 AM
 #2453

wallet. I do not trust the exchange. I can hold long term
rileynicole17
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July 03, 2018, 09:21:06 AM
 #2454

I suggest to open a wallet and keep your coin till it price becomes high.  There is no assurance that the exchange will no close even though it has many traders or it might fail and your coin will not be refund. But when you put it on exchange there's no problem or hassle on trading or transferring your coin.
kicksay
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July 03, 2018, 09:22:01 AM
 #2455

Personal wallet always. As they say, if you do not have the private key, then it's not your coins/tokens.
If you are looking for a quick sell, then I think it's fine to let them on exchanges then cash out.
But for the purpose of keeping and security, always store them in your personal wallet.
Chrisjay
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July 03, 2018, 09:24:13 AM
 #2456

Will for me there lot of news that exchanger is been hack. Thats why i prefer to choose a wallet like metamask and myetherwallet.
fakegurutu
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July 03, 2018, 09:24:40 AM
 #2457

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

Of course, the very safe and most uses were the wallet from myetherwallet not on those private key and ethereum addresses in in any exchange market out there. So i suggest that you go for wallet and not exchanges.
Bonwin
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July 03, 2018, 09:58:19 AM
 #2458

Keeping one's coin on exchange sites can sometimes be risky, because there are some of these sites that are liable to hack. Although, exchange site will enable you to trade your coin at any time. I prefer my wallet more.
Pure01
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July 03, 2018, 10:08:14 AM
 #2459

What you want to do depends on what you want to trade in your wallet or if you want the most beautiful cvp you want to trade if you want to trade another way if you are pushing your wallet I think you will be a winner for both of you.
yrrehc16
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July 03, 2018, 10:10:08 AM
 #2460

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 are tokens or coins to sell and to hold.
Those tokens you want to hold long will remain in your wallet for better security.
but those token you want to have day trade or targetting a price to sell in the near future is better at an exchange.
just be careful in sending tokens from wallet to exchange! make sure the address is right.
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