Exchange or Wallet?

[abrr]

If you plan to sell coins, then better keep them on the exchange. That at the most successful moment you could quickly do it, and do not waste time translating from the purse to the stock exchange. And you know how it usually happens - that at the most crucial moment there are different problems.

[KarinaChernyav]

I think it's better to have a purse. You can always remove them at any time. And you can be sure of the preservation of coins. The main thing is not to give anyone the key.

[EvgeniyBH]

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 think better of all have cold offline wallets for each cryptocurrency. But this is the best choice if you long term investor

If you are a trader then use wallets on exchanges

[lonlonmarlon]

It depends on you what you want to do on your coins maybe you exchange your coins or put in your wallet your coins but i suggest to you just put your coins and wait until the coins is up the price and don't give your wallet to other because many people now is scammer don't trust anyone when that people your not familiar that people.

[xanto]

Keep your coins only on special wallets! Otherwise, your funds on the exchanges may be frozen, that was my friend's. And then no one will return them to you

[petergo13]

Obviously exchanges aren't safe, dozens of them have been hacked in the past. Best to use a hardware wallet if it's a large amount.

[Mr.Been]

You should always keep your cryptocurrencies in your wallet.If the coin or token has a wallet you should most definitely use it.   Only keep coins on exchanges for trading purposes. 

[pthnmj]

Keeping your coins in wallet is better and safer than in an exchange. Exchanges are a huge target for hackers and are consistently under attack. In fact, famous cryptocurrency exchanges like Bitfinex and Mt. Gox had been hacked. So,  if you have a big amount of coins, never store them in an exchange. You can store them in a hard wallet like ledger nano s which is more secure.

[andyge]

I would recommend you to use a secure crypt money wallet for sub-coins to keep long term investors and long term crypt money. If you are not patient and you are trading on a daily basis, you can keep crypt money in a secure stock market account.

[Kimjonghun]

I would recommend you to use a secure crypt money wallet for sub-coins to keep long term investors and long term crypt money. If you are not patient and you are trading on a daily basis, you can keep crypt money in a secure stock market account.

yes it all depends on what you want to do because both have their respective roles. but for now I prefer meyimpanya in the wallet because the current market is not good

[BossMacko]

If you are holding for a long term i prefer wallet but if you will do day trade exchange. I prefer to hold my crypto especially those crypto that has a low price. Holding hundreds or million of thise coins in a long term might make me millionaire someday. That is the risk i am taking in crypto buying those gems for future purposes.

[Pappy_1_]

It is very dangerous to keep coins on exchanges. The exchange may close at any time, or your country may impose sanctions against any exchange. I prefer to keep my coins on MEW, but in the future I plan to buy a hardware wallet.

[yayat]

saving money at Echange is good when there is hacking we can ask them that our Bitcoin has been stolen.

if in the wallet itself, when we lose our Bitcoin then we can not blame, except for our own mistakes, such as forgetting private key etc.

[Bas01]

As for me, it is best of all a physical wallet such as TRESOR or Ledger Nano S as they represent the highest degree of security for bitcoins or other cryptocurrency. 

[hidrocop]

I think the most secure hardware wallet, I bought the hardware wallet to keep for a long time, I think the ledger Nano s is a great invention

[dicaprio]

Recently, exchanges very often fail to pass security checks. Have you thought about this? What do you think is the reason for the hacking of the exchange? To steal your money from cold wallets. I think it will be sad if you lose money. So keep it for yourself.

[ap3311]

If you trade every day, keep it on the stock exchange. But that would be a great risk. If you do not trade, keep it in your own wallet. This is the most secure. I would recommend LEDGER Nano S.

[Zverek]

If you are an active trader then of course you need to allocate part of the Deposit for their daily trades and keep them on exchanges, so as not to lose kommissii for input and output of your coins. But the choice of the exchange must be approached very .responsibly, there is a good exchange rate for your coins, but if examined closely there definitely are some conditions that you can not seem reasonable, for example, a huge Commission for the withdrawal or a withdrawal is only possible from a certain number of coins which you might not be and this is only a small fraction of the unpleasant events associated with the exchange. Well, your investment that you invest in the long term is better to keep on a cold wallet without access to the Internet, at the moment it is the safest way to store

[bhabygrim]

When it comes to holding my coin or token for a long time I would really use my own wallet rather than putting it on an exchange or trading site,
I think it is best to keep your own coin or token at your own wallet so you are the one who is responsible in keeping it safe because we don't really know what could happen in some exchange .

[angelomoraaaa]

 Letting your coins be left on a trade is far more dangerous than abandoning them in a wallet. Trades can be hacked at whenever and since there are no additional securities like passwords expected to exchange out a coin, you can lose the greater part of your coins on account of a hack and there is nothing that should be possible about it. Continuously exchange out your coins to a wallet controlled by you once you are finished exchanging.