Exchange or Wallet?

[Sobol101]

It all depends on what you want. If the coin is a short-term investment, it can be stored on the stock exchange, and if you want a long-term investment, it is better to keep on your wallet.

[winfair]

Maybe we choose both because it depend in situation stock exchange if my coins are not for long term investment but if i want to keep i can hold my coins

[ralph_0608]

Maybe we choose both because it depend in situation stock exchange if my coins are not for long term investment but if i want to keep i can hold my coins

I agree. I keep my long term coins for my private wallet for safekeeping purposes but for my day trading coins I just let it in my exchange wallet to save time and money like gas fee since I do not need to transfer my coins to exchange and private wallet back and forth.

[fitzzz]

personally I use my wallet to store my crypto since its the safest way and you have the private keys and if you are for long term investment.. If you are a short trader you go for exhange but the always accept the risk that the exchanges might be hack

[culuuton]

It depends on the purpose of short or long term investment. If I buy or sell coin for a short period of time, I will store on the exchange site and not withdraw money to save fee.

[iljamlnk]

You can set a separate purse for each crypto currency. This approach provides a safe way to store digital currencies, since each of these wallets allows you to control the private key.

[Sigfred Hernadez]

An exchange is where you buy/sell cryptocurrencies. A wallet is where you keep cryptocurrencies you’ve bought or have received. they are different, you must know what you want to do, we would tell you some advice.

[Enoch Lewis]

"I'm not sure how savvy you are on exchanges, but I'll highlight a few good exchanges that are quite popular and have high volume of trading..
Poloniex - https://poloniex.com
Bittrex - https://bittrex.com/
Coinbase - https://www.coinbase.com/
when you have enough knowledge ab exchange and wallet, you can make a choice"

[Fintan Lee]

use an exchange if you want to trade, if not use a hardware wallet for long term investment.

[Vincent Wright]

i keep all of my coins in my wallet, hardware wallet because it is safer.

[Bitfling]

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 am prefer keeping my coin/token on my wallet. Its good to save our coin/token in exchanger but I am afraid because hacker many time success to hack on exchanger wallet.

[raddish]

If i just want to keep the coins i will choose wallet, putting coins in exchange is something i classified as risky, even the biggest exchange can close down overnight and just give an explaination of not enough funds for operation or some similar explaination. Even if you can get back your tokens the whole process will be complicated and time consuming.

[Dimid]

I join the opinion of those people who advise you to store fixed assets on local purses, to which only you have access. If you want to trade on the stock exchange, you can store it there. But remember "Do not put all the eggs in one basket."

[radar19]

For longterm investments of course cold wallets are best. The second reason why wallets better is that you can withdraw your money with better chance. When market is unstable most exchanges stop withwraw with "technical" reasons.

[MishaSnake]

If we talk about where it is best to store your money, then it's best to do it on remote devices. I think that such actions will be the safest. Because I believe that today there are no 100% of protected systems. And robbery of the purse is not so rare.

[herminio]

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 are a long term holder then i will suggest to use a wallet because its much safer to store your coins in a wallet than a exchanges, the only disadvantage of holding coins in a wallet is when the price of coins went up very fast and its hard to sell you're coin immediately because it will take time to confirm you're deposit.

[dongyi17]

To keep your coins secure put it into your wallet and exchange whenever you want to,or whenever it it is needed but if you put it into exchange there's a chance to be hack and goodbye coins-goodbye profit so you better put it in there and secure all your wallet do everything not to steal it

[Schirer]

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 very easy .
If you are after safety and holding then wallet, definitely wallet.
If you want to do some regular or semi-regular trading you dont have a much of choice, you have to use exchange otherwise it will become expensive and messy and frustrating going back and forth between mew and exchanges.

[Charlie Prime]

Of course, long-term investments do not need to be held on the stock exchange. It is better to keep them in a paper or hardware wallet.

[emmanborromeo67]

For secure purposes its just wallet . If going to stock many tokens. Always secure your private key if you have a wallet.