|
Black Angel
|
 |
July 26, 2018, 01:18:05 PM |
|
If you took a coin for a long time, then definitely keep it on your wallet. If for trade, then on the exchange. But exchange purses are on maintenance, problems with withdrawal of funds are possible.
Yes, of course depending on the goal, if we want to hold for long term then choose wallet of course better and safer than exchanges, this is because many cases make exchange change their policy so that we can lose coin. |
|
|
|
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
|
|
Tokoyami
|
|
July 26, 2018, 01:29:14 PM |
|
If you took a coin for a long time, then definitely keep it on your wallet. If for trade, then on the exchange. But exchange purses are on maintenance, problems with withdrawal of funds are possible.
Yes, of course depending on the goal, if we want to hold for long term then choose wallet of course better and safer than exchanges, this is because many cases make exchange change their policy so that we can lose coin. However you may have to want your coin in your wallet and never let it stay too long on the exchange site. The exchange site is very vulnerable to violations and therefore it is not safe for you to leave it there. But if your wallet is known to be hacked a lot, you should keep it in exchange so you can secure your coins more. |
|
|
|
|
|
Bokugo
|
|
July 26, 2018, 01:41:29 PM |
|
If you took a coin for a long time, then definitely keep it on your wallet. If for trade, then on the exchange. But exchange purses are on maintenance, problems with withdrawal of funds are possible.
Yes, of course depending on the goal, if we want to hold for long term then choose wallet of course better and safer than exchanges, this is because many cases make exchange change their policy so that we can lose coin. However you may have to want your coin in your wallet and never let it stay too long on the exchange site. The exchange site is very vulnerable to violations and therefore it is not safe for you to leave it there. But if your wallet is known to be hacked a lot, you should keep it in exchange so you can secure your coins more. But this all needs to take quick action, so when in exchange wallet better than local wallet. but everyone knows that the wallet exchange is never safe. there is always a big risk to hack effort on an exchange account. |
|
|
|
|
bogacola
Member
 Offline
Activity: 406
Merit: 12
|
|
July 26, 2018, 01:45:04 PM |
|
I keep on exchange only the coins which I want to trade, main value is stored in hardware wallets and a small part in metamask .
|
|
|
|
|
ThachSanhTp
Jr. Member
Offline
Activity: 364
Merit: 4
|
|
July 26, 2018, 01:52:48 PM |
|
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
Before we can answer to your question. We need to know what coins and what is your purpose to keeping your coins. - If you need buy/sell your coins fast (buy/sell altoins will bitcoin or fiat currency (USD/EUR...)) => You should keep it on exchanges, - For long term holders (who want to keep their coins in their wallet for many months), they can keep it in their own wallet. (It takes some time and fee, when you send your coins from the wallets to exchanges to sell/buy) |
|
|
|
|
secondhandlark5
Jr. Member
Offline
Activity: 238
Merit: 1
"JOIN THE NEXT MEGATREND IN CRYPTO!"
|
|
July 26, 2018, 01:55:39 PM |
|
If you are a daily trader then it is good to hold it on an exchange, because there are enough security methods like the google authenticator who you can use. If you will hold the coins then you can use a hardware wallet, like Trezor to hold your coins there.
|
🔺🔻🔺🔻🔺🔻🔸🔸🔸🔸🔸🔸 [ DESICO ] A PLATFORM TO ISSUE AND TRADE SECURITY TOKENS 🔸🔸🔸🔸🔸🔸🔺🔻🔺🔻🔺🔻
🔸🔺 https://www.desico.io 🔸🔺 |
|
|
krisnajsadrak
Sr. Member
Offline
Activity: 1092
Merit: 250
Hodlers Network
|
|
July 26, 2018, 02:00:29 PM |
|
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
its depends on your plan, if you have a plan for long term holding, i think keep your coin in each wallet is the best choice or buy a hardware wallet to keep your coins just in one place.. but if you don't want to miss the top price or the best sell price, keep your coins on exchange is a good choice but remember only on trusted exchange my friend,, |
|
|
|
RAinery
Newbie
Offline
Activity: 103
Merit: 0
|
|
July 26, 2018, 02:01:08 PM |
|
If you want to invest and get more results you can exchange. But if you want to keep it for a long period of time better you keep it in the wallet, and even then with the condition of the wallet you use should really be able to keep your security assets in it...
|
|
|
|
|
satgoldan
Member
Offline
Activity: 602
Merit: 12
|
|
July 26, 2018, 02:06:27 PM |
|
Of course, the wallet is better. The exchange can put its conditions on the input and output of coins. With wallet you have full control. The answer is unambiguous - wallet
|
|
|
|
Olimpikflame
Member
Offline
Activity: 166
Merit: 20
|
|
July 26, 2018, 02:17:53 PM |
|
Wallet. And only on it I keep my tokens, since I have only access to it. Exchanges are also good, but everyone knows that they are always trying to hack. I keep everything in my place
|
|
|
|
|
|
USScrypto
|
|
July 26, 2018, 02:19:07 PM |
|
If you want to hold a certain amount of coin the wallet is a better option. However, if you are an active trader and makes money by day trading then keeping your assets in an exchange is a better option, the reason being wallet to exchange transfer incur trading charges. Keeping all your money in an exchange is quite risky as an exchange can shut down and flee.
|
|
|
|
|
irinakovallove
Member
Offline
Activity: 266
Merit: 10
|
|
July 26, 2018, 05:20:45 PM |
|
a purse is a good place to store coins, but if you trade them, then naturally they are at your stock exchange, it's very dangerous ((
|
|
|
|
|
|
vuanhtuanfpt
|
|
July 27, 2018, 12:25:10 AM |
|
I think it's good to use a wallet from an exchange if it's a big good exchange because they always think about their security a lot . however I think using a hardware wallet will be more secure than both of this
|
|
|
|
|
bittick
|
|
July 27, 2018, 12:27:34 AM |
|
I think it's good to use a wallet from an exchange if it's a big good exchange because they always think about their security a lot . however I think using a hardware wallet will be more secure than both of this
See Mt.gox, they are big exchanges back then and im pretty sure that they think security a lot, but they still get hacked, whether it's inside job or not that's out of question, but, the most important thing is that the users are having loss. Just think about it before putting money for a long time in exchanges. |
|
|
|
biddicoin
Sr. Member
Offline
Activity: 1077
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
|
|
July 27, 2018, 12:31:26 AM |
|
If you took a coin for a long time, then definitely keep it on your wallet. If for trade, then on the exchange. But exchange purses are on maintenance, problems with withdrawal of funds are possible.
Yes, of course depending on the goal, if we want to hold for long term then choose wallet of course better and safer than exchanges, this is because many cases make exchange change their policy so that we can lose coin. However you may have to want your coin in your wallet and never let it stay too long on the exchange site. The exchange site is very vulnerable to violations and therefore it is not safe for you to leave it there. But if your wallet is known to be hacked a lot, you should keep it in exchange so you can secure your coins more. but it depends on exchange used. if using decentralized exchanger that's no problem if holding for long time but if using centralized exchanger that's REALLY risky if holding for long tme |
|
|
|
chainguru12
Newbie
Offline
Activity: 546
Merit: 0
|
|
July 27, 2018, 12:39:05 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
for me wallet is the best place to store my tokens or coin because you have access to it anytime any moment and what one i faces is that any time my coin is on exchange i don't feel resting .. ie i feels restless because i will be thinking they might hacked the exchange anytime despite i have applied 2FA and all security methods. the second reason why i don't like my coin to be in exchange is that some times i may likely trade it another exchange but since is already in one exchange to move it will be another fees and reduction of coin or tokens. |
|
|
|
|
MrKubemm
Newbie
Offline
Activity: 58
Merit: 0
|
|
July 27, 2018, 12:42:24 AM |
|
Both have its different functionality and connection with each other. In terms of safety you should keep it on your wallet if you also want a long term you have full control on your coins. Exchange is the fast way to sell your coins and after that you still need to keep it on your wallet. So in short, it depends on what are planning to do with you coins, long term investment or short term always trading.
|
|
|
|
|
annicketucufaw
Member
Offline
Activity: 378
Merit: 16
|
|
July 27, 2018, 12:45:33 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
Never ever keep your coins in a exchange. If you are not aware with the past news about crypto exchange has been hacked multiple times then try to search it in the web. The most safest way to keep your coins is in a wallet (hardware wallet is the best). It may cost you lots of transaction fees but it is still better than losing all your assets in a exchange. They are the most vulnerable from being hacked right now because hackers can get easy millions once they successfully hacked an exchange so after trading better keep your assets in a wallet. |
Eth address: 0x84da215D0558B308f9804a8b535e43b2f4f8056f
Ronin: ronin:8a9982982d41a808ab5fb7a23139a4164e0cb945
|
|
|
Toris50
Newbie
Offline
Activity: 57
Merit: 0
|
|
July 27, 2018, 12:46:00 AM |
|
I think wallet is the safest coin in storing, while exchange can be hacked anytime and they - exchanges won't take any responsibility for your lossing token. Exchange is just convenient, not safe. Some people prefer to store their token in exchanges because they will pay less fees, but I don't think that's a good idea.
|
|
|
|
|
wakeofgod
Newbie
Offline
Activity: 89
Merit: 0
|
|
July 27, 2018, 01:12:14 AM |
|
This depends on whether you want to hold or trade? If you trade it should be always on the exchange is more convenient than you can exchange at any time immediately without waiting for from the wallet, the risk is if the exchange hack or collapse you will lose. If you choose hold, you should put on your wallet, the advantage of not exchange exchange hack or collapse
(IMO)
|
|
|
|
|
|
