Exchange or Wallet?

[CuteBaby123]

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 want to do trading and make your coins active and growing, go for exchange. If you want to hold your coins and wait for the right moment to sell them, go for wallet. Wallet is for storing your coins. Exchange is for moving up your coins. If you have several coins in your wallet you can actually trade some of them and choose which ones can be traded in exchanges.

[realsmans]

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 it is better to hold money on wallets, different wallets, choose 3 and share between all. On exchange only keep money for trading, and nothing else.

[Icch]

Best of all is not to store your coins at an exchange, just google btce.com or other examples. But if you want to daytrade,choose a trusted exchange and enable all securities.
If you really want to secure your coins, get an Hardware wallet or paper wallet and don’t use online wallets.

[nata777]

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 it all depends on your goals,for traders is better on the exchange, and for holders of course it is better to create wallets, since the exchange is not insured against burglary. I have such an opinion.

[selline]

for me to protect all we get is with us on our personal wallet storing will be very guarded and protected the safer course is very important so we recommend that you do not let other people know the private key will be if this Note it will be undesirable happens all we have will be lost so are expected to always save the keywords on my wallet only we know

[derdemo]

If you don't want to waste money, you must keep crypto in cold wallets. Maybe exchange good way for easy and fast to use. On exchange just keep a little money, which you need for transactions.

[ufaiz50]

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 it depends on what altcoin is used for, I keep cryptocurrency in the wallet because it is always doing the transaction and in the exchanger for trading, transaction fee in exchanger is very expensive compared to the wallet.

[spongegar]

It depends. If you want to trade then it's best to put your holding in exchange. But if you want to hold you coins then wallets are better. But if i we're you I won't put all of my coins in individual wallets or put all of them in exchanges. I would rather divide them almost in half. Half for exchanges and half for wallets. But then again that is what i would do so i could diversify my coins. An important thing to remember is to really research your wallets or exchanges, I've hear of people having troubles pulling our their earnings

[emmybd]

You can't trust these exchanges, all of these exchanges have been having some problems in recent months. If you want to spend some money then hardware wallet Ledger Nano would be the best. Otherwise, you can use myetherwallet and metamask or exodus.

[deadmousehat]

use both is better. if you just hold coins for short term I think it's no problem to hold in some trusted exchanges to shorten the time so you will never miss a golden opportunity.
and also hold on wallet with private key for coins that you dedicate hold for long term investment.

[wenxop]

so that you have them safe and do not lose them for some hacking of the exchange, the best thing is that you have them on your own desktop wallet or on your phone, it is somewhat tedious because if there are many coins they would be many wallets, but it is the safest thing and advisable

[amaydel]

Don't put your digital currencies on crypto exchange sites. Only use this crypto exchanges when there is a need to exchange your digital currencies. If you only know that there are many cases of crypto exchanges accused of being a scam or got hacked. It's not so safe to put in all your coins there. So use wallet instead of using the former as your digital currency storage.

[jankekek]

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 ! It is better to keep your coins in your wallet that in exchanges because sometimes the altcoins that we are deposit in exchanges are being delist without notificatios so our coins is useless.

[Chrisjay29]

I think putting token or money in a exchanger is dangerous. Because  many hacker targeting a exchanger than a wallet. Because exchanger has more money than a wallet. Thats why i choice wallet and if you choice wallet you can transfer your tokeen anywhere exchanger..

[the_viper]

Exchager wallet is not safe if you are intending to hold your coins for a long term trading much if you download the main wallet of this coins and put it in safe place and hold it for a long time one year or 2 year then open it.

[Farma]

for now, I keep the coins I have on the exchanger, and that's more practical. although it's a big risk if it's hacked, but, that's practical. I might save 30% in the exchanger, and the rest in the wallet.

[armakarisma]

I prefer an exchanger to save my digital assets, I am sure it will be much safer because it requires several additional verification times, and there are some customer service that can be contacted if there are any obstacles

[twostepsally]

Exchager wallet is not safe. If need to hold coin. You the wall it safe for your coin. But you not some information to other people. It safe for your wallet. If want exchange you charge the wall to exchange wallet. But if change the coin. You know the process before use. It any time to change the price. So check the price day by day. Then you get some ideas.

[anggaem]

i'm hold altcoin on exchanger coin because i will sell it when i get profit.
and also i'm hold altcoin on my  private wallet  (for long term).

[denny27]

Basically for me personally I don't too concerned about exchanger site for my wallet especially for my btc, i'm more prefer to a wallet site to pick for my wallet. And often I keep some coins besides btc in some gambling sites than exchanger site. But maybe someday if I really focusing some of my coins (altcoins) on trading., I might choose on the exchanger site.