Exchange or Wallet?

[Maxbold123]

  A wallet is the best and safest place to keep your coin. It is always said and will continue to be said that the coin you kept in an exchange does not realistically belong to you because if anything happen to the exchange, your coin are gone.

[MikeM33]

Keep altcoins in exchanges only if you are planning to trade it at the earliest.  If you are planning to hodl your altcoins for long term it is better to keep it in the wallet. For safety reason, it is advisable to keep your altcoins in more than 1 wallet j

[strawberrypills]

If you're planning on trading your coins/tokens, then exchange it is. But if you're planning on long term investments then you should choose wallet. But make sure to get a hardware wallet since it is much safer and secure than software wallets.

[robi11]

I always keep my coins on my wallet, when I sell, I sell to my real life friends
They get hooked too fast

[ghost424]

It is actually better to keep it in a wallet instead of keeping it in the Exchange wallet which is capable of holding your token. We know that Exchanges are vulnerable to external hacking and you are not sure whether your tokens are safe there. In Wallets, you are sure that only yourself can access the wallet with your own password and Private Keys.

[philad220]

One can store in both exchange and personal wallet it just depends on your specialization.
For day traders I think storing on exchanges is the best for easy transaction, but for long term investors it's better to store on personal wallet.

[Xelpherpolis]

One can store in both exchange and personal wallet it just depends on your specialization.
For day traders I think storing on exchanges is the best for easy transaction, but for long term investors it's better to store on personal wallet.

Do not forget about security. The exchange can be hacked with a higher probability than your wallet.

[okbit]

Best to keep your crypto spread across several exchanges and wallets.

[hihitao42]

If you want to hold a coin for long times, tye good choise is you use an wallet because you will get all features to secure your asset because only wallet give you private key and the private key take only you can access that asset.

[cryptoasis]

I would not prefer my long-term hodling into an exchange.  I would rather keep is safe in my hardware wallet.  But for my short-term trades, I would never take out from exchanges.

[keykey1]

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

Using a hardware wallet is the safest way of keeping money. I use Trezor wallet for my Ethereum coins. If you are holding coin in a long-term way then use for that special hardware tools like Trezor.

[gawuk]

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

To my knowledge there are wallet-based ethereum tokens such as Myethereum wallet and wallet based waves token in Waveswallet here is usually a temporary wallet that we can use before the coin entered the market and after entering the market can be moved to the address / wallet in the exchanger. And for security may also use the wallet recommended by the coin developer.

[Tonygold1967]

Here is the platform for comparing different exchanges, I use it often and it seems good, so take a look, maybe it will be useful for you also: https://icoguide.com/en/crypto-trading-compare

[oceantiger]

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

The cons for the both is risk of loss due to hacking activity of hackers. If you keep your coins with the exchange and there is hacking issues if the exchange were able to recover some of the funds you will be able to get something back but if it is in your own personal wallet and the hackers attack you may lose all without nothing recovered.

[wirosableng]

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 to keep it in the wallet only. because I think it's safer than keeping it on the exchange. when you want ditradingkan, we just move to the exchange.

[sergey1301]

It's up to you what you want. If the coin has grown then change. If the coin is worth a penny then leave it and wait for it to grow.

[Gromx]

It is better to use cold wallets to store coins.If there are several coins and their cost is small-you can use the Jaxx, Exodus  wallet ....On the exchange can be stored if you trade within a day.

[Liberto]

I don't know why, but I like to have all my funds in one wallet, and so, even when I trade my coin,s I would withdraw from the exchange to the wallet!

[alexjc]

For security, it is better to keep coins in your wallet, and if you still need full privacy, then it's better to look at the coin Priv

[GrandVBA]

It all depends on whether you are prepared to lose your coins under a force majeure circumstance.

If a VERY LARGE amount in the crypt, it's better Wallet.