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Author Topic: Exchange or Wallet?  (Read 8669 times)
mika1977
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July 25, 2018, 11:52:09 AM
 #2701

The money is only yours when you have access to private keys. Remember this.
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nikotengik
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July 25, 2018, 11:55:51 AM
 #2702

maybe storing assets in the wallet is safer than saving them in exchange. if the price goes up maybe then it also transfers to the exchange to sell it.
and if the price drops, just hold it on your wallet

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rabs
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July 25, 2018, 12:04:39 PM
 #2703

Here i will suggest wallet is more secure than exchanges,Exchanges are at risk of hackers and hackers became more expert than exchanges management.Secure funds in offline wallet it allow more security of funds also keep your keys with ypurself with backup and dont share to any one.
jakezyrus
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July 25, 2018, 12:13:45 PM
 #2704

Here i will suggest wallet is more secure than exchanges,Exchanges are at risk of hackers and hackers became more expert than exchanges management.Secure funds in offline wallet it allow more security of funds also keep your keys with ypurself with backup and dont share to any one.

Wallet can also be hacked so i think it does not really matter if what will you choose because what matter the most is how you handle your cryptos .  it is useless if you use a secure wallet but if you are careless enough on what you do, you can still be hacked all the times .  i myself do already use different types of wallets and online exchanges and so far i did not experience to get hacked , it is because i am a wise guy .
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July 25, 2018, 12:17:26 PM
 #2705

My choice is a wallet. If you keep your private keys in complete safety, this method of saving your assets is the most appropriate. I only keep what I'm willing to lose on the exchange. There are not large amounts.
oanhphong
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July 25, 2018, 12:18:17 PM
 #2706

Here i will suggest wallet is more secure than exchanges,Exchanges are at risk of hackers and hackers became more expert than exchanges management.Secure funds in offline wallet it allow more security of funds also keep your keys with ypurself with backup and dont share to any one.
You can put money on the trading exchange to facilitate for transaction. If you have too much money, I advise you not to put too much on the floor because your account is hacked and you lost all your money.
Tahir460pk
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July 25, 2018, 12:20:20 PM
 #2707

I preferred to wallet nowadays as market again little pumping as in start near 20k and than come to 6 thousand and now a days 8k plus if you have no money to full fill your personal needs or need money only in this case exchange otherwise its batter to keep in wallet.

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Luntop
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July 25, 2018, 12:20:22 PM
 #2708

depending on what amount, if the amount is large it is best to create different wallets .
Todoroki
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July 25, 2018, 12:22:41 PM
 #2709

I preferred to wallet nowadays as market again little pumping as in start near 20k and than come to 6 thousand and now a days 8k plus if you have no money to full fill your personal needs or need money only in this case exchange otherwise its batter to keep in wallet.
I think for a reliable exchange and there is a belief that in holding altcoins there, then I can take the opportunity and keep them there for a while without bad thoughts about theft, but the problem is that the exchange can be counted on one hand.
bajindul88
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July 25, 2018, 12:26:20 PM
 #2710

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 certainly in a personal wallet either PC wallet, or Web Wallet because exchange isn't necessarily safe to save in long term. even though in exchange we have installed 2FA security I don't think it's enough to secure your account from crime. and wallet address on exchange can be changed at anytime
zzxcvv
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July 25, 2018, 12:27:41 PM
 #2711

I do not bother and keep all my tokens on the exchange . but I don't have a lot of money ...
Bonwin
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July 25, 2018, 02:05:30 PM
 #2712

If you can just keep all the coins in one or two hardware wallets depending on compatibility, it will be better. Keeping your coins on exchange might be risky. Creating too many wallets might make things too clumsy. Using an hardware wallet does not only ensure 100% security, but also good organization.
Janienregado1992
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July 25, 2018, 02:07:48 PM
 #2713

Maybe its better  I choose wallet!! Because exchange now at trade market !! Are to low!! Maybe wee have to hold it a lettle more!! And practice youre patience!!
mjaranzasu
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July 25, 2018, 02:08:09 PM
 #2714

If you can just keep all the coins in one or two hardware wallets depending on compatibility, it will be better. Keeping your coins on exchange might be risky. Creating too many wallets might make things too clumsy. Using an hardware wallet does not only ensure 100% security, but also good organization.

Yes better to keep it in hard wallet but with different holdings of altcoins it is impossible to do this. Anyway, I prefer keeping in hard wallets than exchanges for safety reasons.
NOTORIOUST1
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July 25, 2018, 02:11:18 PM
 #2715

yeah i prefer to keep my coins in a hardware wallet for the ones supported and a metamask for ERC20 but i keep the ones that i m trading on the exchanges + if you don't own the private keys you don't have control over your assets so always refrain from leaving coins on exchanges.
danielnamit
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July 25, 2018, 02:12:48 PM
 #2716

It is too hassle if you just keep your coin in each designated wallet, so I suggest for you is to exchange it at least there is different coin and you can see it all in one.

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Iceblast
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July 25, 2018, 02:13:13 PM
 #2717

maybe storing assets in the wallet is safer than saving them in exchange. if the price goes up maybe then it also transfers to the exchange to sell it.
and if the price drops, just hold it on your wallet
wallet is still safe from anything including the exchange, if we use the wallet offline may be more secure. but the shortage of the wallet than the exchange is if we will sell we may we have to transfer first to exchange and this is different from if store in exchange will be easier. but wallet is still the top choice

allohha
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July 25, 2018, 02:14:02 PM
 #2718

yeah i prefer to keep my coins in a hardware wallet for the ones supported and a metamask for ERC20 but i keep the ones that i m trading on the exchanges + if you don't own the private keys you don't have control over your assets so always refrain from leaving coins on exchanges.
in any case, wallets For crypto currency, a more reliable place to store coins, rather than wallets on trading platforms. The fact is that with trading platforms everything happens that only you can imagine and then you can lose all your funds.
Corelianer
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July 25, 2018, 02:50:19 PM
 #2719

Exchange is convenient, but they do not give any guarantees of safety of your money. All that is not used for trading, withdraw to wallets.
Itcher
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July 25, 2018, 03:15:26 PM
 #2720

For long term storage, I use wallets, for short term and trading of the exchange. But it is important to choose a good wallet that gives access to private keys.
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