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Author Topic: Exchange or Wallet?  (Read 8669 times)
Niam_bakri
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July 27, 2018, 01:17:34 AM
 #2801
I keep my long-term crypto in the wallet, and an exchanger just to store crypto with daily trading. that's what I do, security issues I think all the exchangers and wallets are already designing security so we can keep our investment safe.
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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hellyeahent
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July 27, 2018, 08:46:28 AM
 #2802
I think that now it is better to work with wallet. So it will be possible to minimize the risks for their money. After all, exchanges are still often attacked.
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July 27, 2018, 08:52:09 AM
 #2803
It depends on you if you hodl for long term just make a wallet for each coin and make sure to backup your private key then if you want to trade and make a profit just use exchange.

p.s: dont hodl your coins/tokens on exchange because its too risky.
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July 27, 2018, 08:58:18 AM
 #2804
Quote from: Janinjo11 on February 12, 2018, 05:55:57 PM
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 wallet is the best for us to save our coin because if you see the news too many exchange got hacked a few month ago, that's news really make me scared to hold my coin in exchange.
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July 27, 2018, 09:02:17 AM
 #2805
For the security of money storage, I prefer to work with exchange. In this case, the protection against possible hacking is higher than the wallet.
hansbans
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July 27, 2018, 09:25:38 AM
 #2806
Exchanges are always at risk. If you have a coin in the exchange and you do not open the exchange every day, you can do a lot of damage. fFr example a couple of days ago in docademic was delist in hitbtc. Many people do not even realize it Smiley
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July 27, 2018, 09:30:37 AM
 #2807
It is safest to keep COINS in your wallet if you keep them for a long time.

If you only have a small amount of COINS or transactions every day, I think exchange is the best option.
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