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Author Topic: Exchange or Wallet?  (Read 8669 times)
alts.inspector
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April 29, 2018, 03:56:30 PM
 #1481

It depends - if you are an active trader use exchange, in case of long term investment - use wallet.

Also, bear in mind that wallet is usually most secure than keeping coins on exchange.
laros212
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April 29, 2018, 03:59:12 PM
 #1482

If any exchange for our token..must going to exchange and stay hold there.waiting pump price sametimes..

p4pool.club
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April 29, 2018, 04:04:31 PM
 #1483

in exchange you must have only the coins you need to trade. No exchange is as secure as your wallets
Millennium_blue
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April 29, 2018, 04:06:12 PM
 #1484

Of course the wallet.Exchanges can be hacked.But the risk is still low.So you have to decide for yourself.
santouao
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April 29, 2018, 04:10:04 PM
Last edit: April 29, 2018, 10:31:06 PM by santouao
 #1485

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's better if you will have your own wallet that you have private key, because you have the full control over your funds. You will not be problematic if the exchange got hacked or attack by some hackers. The better if you have trezor, ledger nano and other hardware wallet, but if you have no hardware wallet you can use safe and big exchange wallet like bittrex, poloniex and etc.

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K0korap
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April 29, 2018, 04:10:43 PM
 #1486

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's safer if you keep your tokens in  a wallet rather than put it in any exchange site. If you put on an exchange site you'll need to be involved in daily trading to which i think is unnecessary. The issue here is your plan. What do you want to do with your coins? for me, go with long term trade and secure your assets.

HuntterrBounty
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April 29, 2018, 04:12:34 PM
 #1487

depending on the amount of storage
if you save more than 1000 USD, I recommend using wallet hardware, because it is safer
while if under 1000 USD you can use a wallet exchanger or personal wallet, both are the same ..

always be careful with everyone
Lintel
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April 29, 2018, 04:19:30 PM
 #1488

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

you can use both wallets.I mean if you want to trade, obviously you will use the exchange  before you can trade but if you want to keep your tokens it is your wallet . Me I have my mew and also I have some of my tokens in exchange because it is ready to sell anytime it will pump a bit.
Alfiah
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April 29, 2018, 04:23:02 PM
 #1489

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 keep your coin, yous should use wallet better. you can use exchange for trade.
personal wallet will keep your coin secure.
franklinrichards
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April 29, 2018, 04:23:56 PM
 #1490

if you lose your wallet, forget it, or your hard drive crashes.
and if you make a wallet, you will be given a private key.
Basically, back up your wallet and seed or personal keys from other people and at other locations.
Wearegoodfrends
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April 29, 2018, 04:25:35 PM
 #1491

If your tokens do not need to trade, it is certainly better to translate on the wallet. Although, I trust major stock exchanges -- such as binance.
bapetdik
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April 29, 2018, 04:27:24 PM
 #1492

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 you. Usual if stored on the exchange site it will be used for trading. If for investment then you save on your wallet, especially if for long-term investment. I suggest to save in the wallet. I think it's pretty safe and a good reason.

Nivelir
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April 29, 2018, 04:32:10 PM
 #1493

I will always say that it's better to keep crypto currency in your wallet, but there are times when it's better to keep on exchanges, for example, when different forks are issued, but such cases are very, very rare, so today it is not worth keeping assets on stock exchanges, there is a risk of losing funds.
btcbabhh
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April 29, 2018, 04:35:26 PM
 #1494

I think i prefer to keep your coins in any secure wallets instead on exchange site, ' to make sure that your coins is in a safe place.  'cause honestly we are not sure if the exchange site will stay forever and to be honest there are some exchange site.
efey39
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April 29, 2018, 04:38:10 PM
 #1495

Wallets and security on digital currencies are very important. I thought the wallets were safer earlier than before, but recently I went to exchange sites after playing the tokens from hackers' wallets
mysterecryptoooo
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April 29, 2018, 04:45:39 PM
 #1496

I think it s arbitrary, either you are day trading, you d keep them to exchanges. If you are a strong hand, a Hodler! you will keep them in a wallet.

Let s not forget there are fees for each transaction

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MarlonDamon
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April 29, 2018, 04:48:44 PM
 #1497

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 hold the coin for the long term I suggest you to use the wallet. cux it's pretty safe and a good reason.IF you trade the coins an I think Exchange are the best.
yapa ve yalniz
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April 29, 2018, 04:53:05 PM
 #1498

I definitely recommend the wallet.
2 stock market frauds appeared in 1 year.
there is no need to take a risk.
wallet is the best.

jamesdean35
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April 29, 2018, 04:54:47 PM
 #1499

Wallets lost their significance after operations on the wallets by harckers on the digital currency platform. At the moment I find exchange sites more appropriate

gerjiss
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April 29, 2018, 04:56:18 PM
 #1500

I think that money should be stored on the wallet as it is for this and created. If you want to place orders for the sale of any coins, then you should definitely withdraw funds to the exchange.

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