|
speedy1987
|
 |
July 08, 2018, 10:29:34 AM |
|
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 would recommend to choose wallet. Also this is based upon your own use, whether you could trade or hold your coin. If your going to trade obviously exchange is the preferable option. But if you are going Hold keep your money in trust able wallet. |
|
|
|
|
|
|
|
|
|
"There should not be any signed int. If you've found a signed int
somewhere, please tell me (within the next 25 years please) and I'll
change it to unsigned int." -- Satoshi
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
kovpet11
Jr. Member
 Offline
Activity: 55
Merit: 2
ELYSIAN | Pre-TGE 5.21.2018 | TGE 6.04.2018
|
|
July 08, 2018, 10:31:28 AM |
|
I would turn the question:
Decentralized or centralized storage?
The answer is definitely decentralized.
The whole blockchain and cryptoworld biggest advantage is decentralized, no one should be capable to steal your coins (except of your fault if you let hackers to get your private key), but if you store your coins on an exchange they can do it anytime.
|
E L Y S I A N ❱❱ Decentralized Platform to
Build Ecommerce Websites on Blockchain |
|
|
ginobitcoiner
Full Member
Offline
Activity: 700
Merit: 101
BBOD Trading Platform
|
|
July 08, 2018, 10:45:33 AM |
|
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 would advise you to keep it on the exchange, because in my experience it's safer than you keep it on your wallet. especially if you want to trade you do not need to issue a gass for delivery if your assets are stored on the exchange |
|
|
|
thuthi7
Newbie
Offline
Activity: 81
Merit: 0
|
|
July 09, 2018, 05:45:33 AM |
|
saving a coin in the wallet means we still have a chance if the price of our coins goes up and I think it is safer but if we keep in exchange there is a chance that we follow the closing exchange or not operate anymore
|
|
|
|
|
btcefeyigit399
Newbie
Offline
Activity: 162
Merit: 0
|
|
July 09, 2018, 05:56:54 AM |
|
I am actually using it in two options when trading in crypto currencies. but according to research it is safe and easy to use wallet.
|
|
|
|
|
Nefarious
Member
Offline
Activity: 214
Merit: 10
|
|
July 09, 2018, 05:59:31 AM |
|
If you're trading then keeping those coins on the exchange makes sense, but overall it is so much safer to keep your crypto on a hardware wallet like a ledger or trezor.
|
|
|
|
|
|
Incognito01
|
|
July 09, 2018, 06:03:20 AM |
|
Risks are everywhere, so it is difficult to decide where to keep the coins. The presence of these risks is one of the major factors that constrain the arrival of new investors in the cryptocurrency market.
|
|
|
|
nashmia13
Newbie
Offline
Activity: 57
Merit: 0
|
|
July 09, 2018, 06:08:50 AM |
|
its better you put funds on exchange if you are planning to buy again coins or buy back coins that you sell some and wait for their dip. but if you want to hold it a little longer maybe its a good thing to put it in your wallet, there is some hacker issue in some exchange and who knows the exchange was hacked and your funds are there, but for me i do prefer to hold it in my wallet  |
|
|
|
|
Sevarchik
Member
Offline
Activity: 420
Merit: 10
|
|
July 09, 2018, 06:12:14 AM |
|
For shitcoins i am using exchanges.
Very hard to use many full nodes on pc for shitcoins, all other good coins i am store in paper wallets
|
|
|
|
|
hisyam_fathoni
|
|
July 09, 2018, 06:26:56 AM |
|
I’d like to sell token then to in the exchange ethereum or bitcoin. According to me a little more risks with the way. Because of his age token is not necessarily can last long. While with the coin like bitcoin or ethereum can still survive although the price is falling
|
|
|
|
|
andeonnut
Jr. Member
Offline
Activity: 238
Merit: 2
|
|
July 09, 2018, 06:28:40 AM |
|
What's your guys' opinion on Jaxx wallet? I've been using it a bit lately.
|
▰▰▰ MODULE ▰▰▰
▐▃ CRYPTOECONOMIC ECOSYSTEM ON A CLOUD STORAGE NETWORK ▃▌
https://modltoken.io/ |
|
|
|
SacriFries11
|
|
July 09, 2018, 06:33:38 AM
Last edit: July 09, 2018, 06:45:01 AM by SacriFries11 |
|
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 for me to use both exchanger and eth wallets. We both know that our coins is not safe in any of it. I do not put all my coins in only one wallet for safety. If the wallet is hacked, at least not all my coins will be gone. Coins in exchangers can be set easily if I need money or if its price increase. |
|
|
|
Winnerschapel
Newbie
Offline
Activity: 196
Merit: 0
|
|
July 09, 2018, 07:14:48 AM |
|
It is better to store your coins in a wallet. Once a trading platform is hacked say goodbye to your beloved coins. Though having your coins in an exchange is quite advantageous too, let's say the price of the coin suddenly went up, you can easily trade it. Having it in your wallet, it will need quite some time to be confirmed and during this time price might have already dropped.
If you're in with holding the coin for a long time, store it in a wallet, and just trade it whenever you're ready or you really need to.
|
|
|
|
|
View_style
Newbie
Offline
Activity: 176
Merit: 0
|
|
July 09, 2018, 06:36:23 PM |
|
I will share my experience. Coins are stored in one purse. I'm not creating a new one.
|
|
|
|
|
air_droper
Newbie
Offline
Activity: 224
Merit: 0
|
|
July 09, 2018, 06:51:47 PM |
|
I prefer wallets. exchanges are very often attacked by hackers. therefore, it is very dangerous to keep money on the exchange. in addition, exchanges may impose a restriction on the withdrawal of funds. for example, you may be required to provide proof of personal information. or you may lose data from your account.
|
|
|
|
|
lala.dida
Newbie
Offline
Activity: 77
Merit: 0
|
|
July 10, 2018, 04:43:12 AM |
|
If you wanna to hold for long term my advice is to keep private keys somewhere safe. Keeping your holdings in exchange can be big threat against your expectations regarding selling them for profit after some time
|
|
|
|
|
|
moonriver
|
|
July 10, 2018, 06:52:48 AM |
|
If you trade frequently, you'd better keep your coins in exchange.
It is not a good idea to keep your coins in exchange for a long time.
It is a worse idea to withdraw and deposit all the time.
|
|
|
|
|
Ruby_Official
Copper Member
Newbie
Offline
Activity: 126
Merit: 0
|
|
July 10, 2018, 07:11:14 AM
Last edit: July 10, 2018, 07:21:15 AM by Ruby_Official |
|
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
If you join a beneficial exchange site, it's definitely a plus for you. You can get a lot of benefits, when you participate in new altcoin whitelist programs! If you sign up, you will be given a referral code, and you could earn a part of your recommendees’ transaction fees! To learn more about Ruby Exchange, visit our official channels from below! Official Website: https://ruby-x.io/intro |
|
|
|
|
Jasell
|
|
July 10, 2018, 07:12:14 AM |
|
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 better to keep your coins in your wallet if you plan to hold it for a certain period of time. There are some cons if you keep your coin without the plan of trading it, just keeping it in an exchange, one of which is the risk of exchange being hacked and exchange stopped with their operation. |
|
|
|
|
JoMarrah Iarim Dan
|
|
July 10, 2018, 07:16:57 AM |
|
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 things I am considering in saving my coins. If i will put my coins in my MEW, it can viewed through etherscan by some other people and can be targeted by hackers. So I hate it. In exchangers the good thing is it can be easily set if we want to cpnvert it. But in some exchangers coins are gone. So it is not really sqfe anywhere. |
|
|
|
|
