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Author Topic: Exchange or Wallet?  (Read 8669 times)
dedocry
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April 18, 2018, 01:49:32 PM
 #1361

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

Most of my altcoins I keep on wallets, but some of coins of course I keep on exchanges, but on trustable exchange


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bendernine
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April 18, 2018, 01:52:53 PM
 #1362

I think we'd better open a wallet for every coin we have. Is not it dangerous to keep our coins in the wallet exchange. Because there is also an exchange that requires us to enter our private key. This really bothered me.
So for security reasons I chose to make a wallet for the appropriate coin.

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silver23
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April 18, 2018, 01:53:24 PM
 #1363

if about safety i choose Wallet.
because, Wallet have a good secure to protect our asset.
but wallet can't do trade and just exchanger can do trading.
just it.
potatocrasher69
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April 18, 2018, 02:05:34 PM
 #1364

It is more astute to store your coins in a wallet. Once a trading stage or platforms  is hacked say goodbye to your sweetheart coins. Disregarding the way that having your coins in an exchange is exceptionally beneficial also, assume the cost of the coin out of the blue went up, you can without a lot of an extend trade it. If the coin or token has a wallet you should most verifiably use it. The disadvantage will be you dealing with another wallet.dat or whatever however that cost is little to pay if an exchange gets hacked or goes down.
arondaly
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April 18, 2018, 02:08:27 PM
 #1365

If you are not even withdrawing your tokens into btc and into fiat or you are not trading them, you have no business with the exchange. At least, it is better to keep seeing your funds growing in your wallet where you have the private key of the wallet in a safe place, than sleeping with one eyes opened if you are leaving your funds in an exchange.
rh72
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April 18, 2018, 02:41:40 PM
 #1366

Exchange or wallet what you choose depend on what you will do. If you wanna trade your coin or if you wanna withdraw your coin in eth or btc or make real money, of course you need exchange. But if you wanna only save or hold your coin you only need wallet.
DavidBooker
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April 18, 2018, 02:56:57 PM
 #1367


Assetrush.com - Exchanges and Wallets listing.

Assetrush.com the one and only service that helps with exchanges and wallets listing as well as market making.

Full range of services to list and promote tokens. Professional cooperation with the most popular crypto exchanges, wallets, and media.

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Telegram - @davidbooker
Megashaw
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April 18, 2018, 05:37:30 PM
 #1368

Keeping your coins/tokens in a wallet inwhich you hold your private keys is better than leaving them in exchange. If an exchange is hack then you lose your coins.
But if you day trade then you might wanna move a fraction of your coins to an exchange for easy access
FalconB
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April 18, 2018, 06:07:00 PM
 #1369

I prefer a wallet. But if you are going to store money on the stock exchange, then go to the choice of the stock exchange with responsibility. Choose only large and trusted exchanges such as Binance, Bitrix and many others
elitemobb
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April 18, 2018, 11:05:45 PM
 #1370

Definitely a wallet! I advise you never to keep your funds on the exchange, because when you break into the data of the exchange, all your data will be stolen, which will lead to the loss of all your funds!
Badhuamin
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April 18, 2018, 11:19:45 PM
 #1371

for my own I keep my coin in exchange because it is quite safe and easy to sell if at any time the price back to normal.
sousay
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April 18, 2018, 11:31:11 PM
 #1372

I don't have any coin that's why I don't know how to react on this topic but I will take all the suggestions ceriously as a reference in the future.
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April 18, 2018, 11:37:18 PM
 #1373

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 i always keep the coin that i have in wallet gan. then every time I do an exchange always open my wallet. because I think it's safer than theft. sometimes I am also worried gan because I used to have broken into my wallet .maybe it was from my own fault. because at least the knowledge about securing the right assets ..
bitcoinvestor
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April 19, 2018, 12:06:52 AM
 #1374

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 quick trade you can save in exchanger but if you want to secure your asset , wallet is better. Exchanger has risk of hacked attempt and deceive members. I lost more than 3 BTC in cryptodao because the admin cheat my deposit.
ethergod
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April 19, 2018, 12:21:11 AM
 #1375

When possible, store your coins in a wallet, especially a paper wallet. Exchanges are prime targets for hackers. Also, with exchanges there is a risk of an inside job -- employees stealing. Always use 2FA as a security measure at exchanges.
iancortis
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April 19, 2018, 12:28:36 AM
 #1376

if your plan to hold for a long time.. much better go for desktop wallet or cold wallet that you own a privatekey.  exchanger wallets are use sometimes for storage but not recommended because maybe it froze or lock when the website getting maintenance. so, you can withdraw or transfer your funds.
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April 19, 2018, 12:55:06 AM
 #1377

Two words: Mt. Gox. Seriously, don't let this happen to you. This is your hard earned money & crypto. Take the proper steps to secure your crypto and its safety. This should be a priority.
Horick
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April 19, 2018, 01:12:11 AM
 #1378

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 your choice. If you think it is the right time to sell then do it. Or if you want more profit, you will wait for the time the value is high, then you can save it in your wallet.
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April 19, 2018, 01:40:50 AM
 #1379

As long as you use Exchange that can be trusted or that has a high popularity you can just keep your money there. But if want to be more secure I suggest to use a private wallet just to anticipate something bad thing happened to your money.
paramex
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April 19, 2018, 01:44:07 AM
 #1380

According to my way of thinking, what they often say is always or better in the wallet. because I think more wallets are protected. and also if you do not have a private key. then it's not your coins or tokens. but the best of all is not storing your coins on the stock if you're looking for a quick sale then I think it's fine. it's fine to let them in exchange and then cash out.
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