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Author Topic: Exchange or Wallet?  (Read 8669 times)
Question123
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March 14, 2018, 10:01:03 AM
 #741

Exchanges wallet-maybe it's very risky because we know there's news that other people who experiencing their coins gone or not on their exchanges wallet . Better to set 2fa incase the other people want open your account to ythe exchanges site so you can warn.

Wallet is safe but count to think of it what if you need to sell your coins as rush you need to send from wallet to exchanges site and need confirmation to use it.

Remember the safety is how to protect your wallet.
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March 14, 2018, 10:03:14 AM
 #742

I hodl most of the coins in my wallet, and on the exchange are only those coins that I'm going to sell in the near future
Ranillo79
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March 14, 2018, 10:06:43 AM
 #743

I both hold coins in exchange and wallets. Cause both have security it depends us how we carefull to our step to prevent getting our password so

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March 14, 2018, 10:07:42 AM
 #744

I think if you want to keep the coin long you will use the wallet to keep the coin, if you frequently use them to trade, we will choose the trading floor, the important thing is the trading floor there is always the risk of theft
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March 14, 2018, 10:15:14 AM
 #745

I always store my coins in wallets for security.
I'd rather lose small amounts of money for fees between wallet and exchanges than get hacked on an exchange and lose everything.

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March 14, 2018, 10:15:26 AM
 #746

the best and safest deposit of coins in exchange or security markets is a stronger step to make withdrawals just go through the stages and you can know the price of the up and down movement of the coin at any time.

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Choii
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March 14, 2018, 10:33:53 AM
 #747


I prefer to keep my coin in my wallet rather than exchange site because it's tottaly safe specially if you use offline wallet and any time you can sell your coin in any exchange site that you want to trade your coins.

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March 14, 2018, 10:42:57 AM
 #748

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 money needs to be held on an e-wallet. And at all not at the exchange as the exchanges often crack.

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March 14, 2018, 11:25:45 AM
 #749

I think you should keep your coin in the wallet, because storing in exchange is for trading. and also, better keep in your own wallet, because in exchange is not safe.

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March 14, 2018, 11:41:12 AM
 #750

Always hold your coins in a wallet. Leaving them at an exchange is risking business and you could easily lose your coins in the event of an hack. Coins in an exchange is not as protected as those in your personal wallet.
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March 14, 2018, 02:02:55 PM
 #751

I think the solution is depending on how you're using those . If you're using those for trading , exchanging from this coin to another one, exchange is the best solution for you to avoid the fee transaction.
But if you're looking for a long-term hold so wallet will be the safest place to keep your coins due to many exchanges are getting hacked nowadays.
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March 14, 2018, 02:29:42 PM
 #752

If you've been in this game for any length of time you would know about the dangers of exchanges. If your money is on an exchange you don't really own it. It can be taken from you at any time the owners decide to do a runner with millions. I've seen it happen at Mt Gox, Cryptsy, Mintpal, Cryptorush, and Maxx just to name the ones I remember. It's only a matter of time before the next one happens and people lose whatever money they foolishly kept there.

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March 14, 2018, 02:37:57 PM
 #753

if you are keeping for the short term than exchange is recommended for the long-term wallet is advisable

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March 14, 2018, 02:40:32 PM
 #754

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 will trade the coin, it is better to be in exchange for you to set a selling price.
If you are holding the coin for a long time like years, it is better in a wallet.
you dont need to have each wallet for every coins as long as it is ERC20 you can keep it in myetherwallet or some.
you can have NEP5 token with NEO wallet too.



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pocketfullofpoke
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March 14, 2018, 03:34:14 PM
 #755

I both hold coins in exchange and wallets. Cause both have security it depends us how we carefull to our step to prevent getting our password so

Me, i only put or transfer my cryptocurrency asset when i need to trade it to bitcoin. Other than that, i am just keeping it to my Myetherwallet. As to security, that will always come from yourself because there is no perfect system at all.

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March 14, 2018, 03:38:24 PM
 #756

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 would be safer to keep the coin inside the wallet especially the wallet offline, because we know that in the exchange there is often a hack.

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March 14, 2018, 03:53:52 PM
 #757

i prefer to store on a wallet.dat (on stick ) bacause i still remember the time that i filled my account on CRYPTSY with a lot of coins but on a given time all my spare coins where stolen , it wasn't mu own fault because CRYPTSY was hacked , but , the coins where gone and till today i never recieved anything back .

sometimes you have to use an exchange but use it with your brains and keep your coins ( tokens ) offline
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March 14, 2018, 04:36:35 PM
 #758

Personally, I trust the wallet, all these news with the breaking of exchanges do not cause trust in the exchanges

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March 14, 2018, 04:40:16 PM
 #759

I think to keep the security even tighter for all altcoin we have then we should keep it on the stock and this will provide better security again.
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March 14, 2018, 04:47:34 PM
 #760

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 long term investments better stored in the wallet to be more secure and to avoid something unexpected in the exchanger
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