Oregano012
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March 04, 2018, 12:38:22 PM |
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depends on how many coins / value you have cause some coins has higher withdrawal rate and if you have only couple of coins on hold its not worth to pay the withdrawal fee for example you have 20pcs VENCHAIN at Binance ven withdrawal is 2Coins its not worth to throw 2
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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Zentor
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March 04, 2018, 12:39:12 PM |
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If you have only small amounts of coins or trade every day I think that exchange will be the best choice. If not, better keep your coins on wallets, someone can rob an exchange and you will not receive any compensation for your lost earnings.
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Scor Pio
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March 04, 2018, 12:40:22 PM |
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keep your coins in your wallet is the best way to keep your assets safe
and i recommend you to keep it in hardware wallet such as trezor or ledger nano s
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Doovla
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March 04, 2018, 12:42:42 PM |
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If your intentions are that you want to continue trading that day when your coins are on exchages then it is okay to be there for a short period. Holding your coins is the safest on your wallet.
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Rezel111
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March 04, 2018, 12:43:52 PM |
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it depends on our needs if to trade I think is the most comfortable exchanger wallet because coin is available, but for investment is trezor wallet that is very precise and safest for your assets from a thief attack.. and for my tokens using my edo or myetherwallet it matches
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slaman29
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March 04, 2018, 12:45:09 PM |
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I think it is best to keep your funds in your exchange wallet . Tho you should be careful on which exchange site you are going to store it . Make sure they have a good reputation or background on their security . I mean , no history of being hacked for long term . It is good practice to keep your funds in exchange site if you are a constant trader .
Keeping it in the wallet - This is good only if you want to withdraw or convert your balance into paper money . I mean , wallet can be stolen . hacked . If you have a hardware wallet then its the best option if you just want to protect your funds .
So it still depends on what purpose you want . If your a trader then keep it in your exchange wallet , because if you keep transferring your funds into your wallet , problems may come up like slow/high transaction fees . And during dips , you need your fund to be readily available always . On the other hand , if you just want to secure your $$ then like i said a hardware wallet is the bext option for that .
This is a somewhat self explanatory exception to holding coins in a wallet you control. Of course if you trade frequently, then it makes sense to store your funds on an exchange - it's the only way you can trade on centralized exchanges and the risk of the exchange disappearing with your funds is one you have to take into account as a trader. The alternative is moving to a decentralized exchange - where you can still trade but control your funds. |
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rodriguesgomes
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March 04, 2018, 12:45:33 PM |
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I think you can keep your assets in big trustable exchanges.ı hold my assets at binance and bittrex also I got wallet but I hold big amount on there
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jouns
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March 04, 2018, 12:45:46 PM |
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Keep on the stock exchanges only the money that you trade, put the rest to your wallets for keeping.
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boss82_big
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March 04, 2018, 12:47:55 PM |
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In my opinion, it's safer to keep all your coins on a wallet, you can also keep them on the stock exchanges, but only if you want to sell them right away.
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1020kingz
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March 04, 2018, 12:50:53 PM |
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if you want to trade your coins exchange is best for you, and somewhat if you want to convert your token into fiat you also transfer your tokens in an exchange, i think its better to put your funds directly into the exchange site, however though thats the case its better to have a wallet also just in case you want to hold your token for a long time and also you need wallet to put your bounty tokens like etherwallet to store your bounty tokens.
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Luthfiyaaa
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March 04, 2018, 12:58:29 PM |
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I choose both. there are some of my tokens that I keep in the exchanger, there is also what I keep in the wallet. why I save in exchanger? because if at any time I want to buy altcoin, I don't have to bother to send it again. advice, if you want to keep investing, just save it in exhanger, if not better open a new wallet.
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avoyob
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March 04, 2018, 01:02:57 PM |
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It only depends on your needs but from my opinion I say that Wallet is better than Exchange because we can keep our assets in the Wallet safe & comfortably..
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susyoke
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repme.io
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March 04, 2018, 11:45:18 PM |
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Best option is always keep all your coins on wallet. More secure use Mobile/Desktop/Hardware/Paper wallet. Exchange for trading only. Don't save your coins for long time here.
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RedArcher
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March 05, 2018, 09:43:11 AM |
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Exchangers is the worst place to keep your coin. your coin can easily be stolen. please keep your coin in wallet where you have the private key.
1000% correct. don't use exchange for storaging coins. no way. me personally gave up using exchanges at all after all these hacks. I found aggregator - coinmonkey.io . it is a sort of supermarket where you can buy many things, it has rates from major exchanges and you can use any of them for transactions. and no registering or verification needed. just fast and safe. no exchanges. |
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Radientgurkin
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March 05, 2018, 09:58:35 AM |
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Exchangers is the worst place to keep your coin. your coin can easily be stolen. please keep your coin in wallet where you have the private key.
1000% correct. don't use exchange for storaging coins. no way. me personally gave up using exchanges at all after all these hacks. I found aggregator - coinmonkey.io . it is a sort of supermarket where you can buy many things, it has rates from major exchanges and you can use any of them for transactions. and no registering or verification needed. just fast and safe. no exchanges. Absolutely! This has been said enough already. But just wanted to emphasize it. If you're holding coins for long term - get a hardware wallet! If you're doing regular trading ( and know the risks) find a trustworthy exchange. Remember there is little help to get from anywhere if the exchange goes under or gets hacked. |
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Hank3
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March 05, 2018, 11:20:34 AM |
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If you have a big amount of funds you have to think about wallet of course. It is not safe to keep your assets even in big trustable exchanges. But if you don't have a big amount of funds or if you are trading sometimes, you need to keep part of deposit in exchanges. It's better to have not one exchange and devide your money between them.
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alkhie01
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March 05, 2018, 11:24:16 AM |
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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?
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Tavarez
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March 05, 2018, 11:48:30 AM |
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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 is no big doubt in such a question, if you prefer long term trading/holding then chose the desktop wallet or even better hard wallet. But if you tend to participate/earn in daily tradings then you need all your crypto on some well established exchange. Also some exchanges have support for numerous coins (comes handy always). |
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voxdu12
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March 05, 2018, 11:50:57 AM |
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safer of course on the purse, many cases now about the breaking of exchanges. so it's definitely better on your wallet
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Britainacoin
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March 05, 2018, 12:04:33 PM |
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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 advise you never hold your money in exchanges, as the define of "exchange" it is place for change your money and not for long term holding. i hope i do not hear about money restriction in exchanges. |
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