What do you choose between wallet or exchange ?

[Gracefs]

what do you use wallet or exchange for?  Do you want to trade or hold ?
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.

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[niteroy]

what do you use wallet or exchange for?  Do you want to trade or hold ?
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.

In order to keep a small amount it is perfectly acceptable to use cryptocurrency exchanges. For me, the convenience of the exchanges is that I can expose the warrants I am interested in buying or selling coins in order to carry out a profitable transaction. Periodically you can trade and if necessary change one coin to another, but if you store a large amount in bitcoin or another cryptocurrency and you do not trade, then clearly you need to store coins only on a cold wallet on your computer, this will increase your chances do not lose the means.

[Murloc]

If you are not trading those money then you should keep it in your wallet. This is an important and simple rule to keep your funds safe. Exchanges may always get hacked (as it was with mt Gox) or get suspended by the government because of the shady behaviour of their CEO (as it was with btc-e). Exchanges may face some issues when you need to withdraw your funds. For example poloniex was down fight after the BCH fork. During that time the coin may lose in price. Keepeng your money on exchange is very unsafe.

[SaarMast]

Use exchanges just for exchanging and use wallet in order to store for a long period

[Catcorn]

Exchange is less secure than wallet. If you prefer to hold some particular coins, just keep it on wallet and sleep well. Exchanges are obviously good for trading.

[sonphamuser]

what do you use wallet or exchange for?  Do you want to trade or hold ?
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.

I have divided my invest into two parts, one part is long term so i will buy a hard wallet and put it in this, and the rest is short term and mid term will be send to exchange to can sell and buy anytime
 

[waaat?]

what do you use wallet or exchange for?  Do you want to trade or hold ?
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.

I have divided my invest into two parts, one part is long term so i will buy a hard wallet and put it in this, and the rest is short term and mid term will be send to exchange to can sell and buy anytime
 

As always it's the most right answer. It's classic strategy. Long-term - on wallets, short and mid - on exchanges. Why need to create new topic for this, I don't know

[ManaMan]

what do you use wallet or exchange for?  Do you want to trade or hold ?
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.

Depends what do you think by short term, if sort term can be seen like few weeks, then you could keep coins in your own wallet. You don't need hardware wallets for your bitcoins to be safe, paper wallet can be good alternative.

[dewi91]

Depend in my situation, when I need money I Will choose exchange to sell my coin as soon as possible, no problem if the price just a little bit goes up and I only get a little benefit but I never sell coins when the price lower than the price when I buy.

[rijaljun]

what do you use wallet or exchange for?  Do you want to trade or hold ?
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.

I use wallet to hold coin for long term, and only trade about 20% of total coins that I have. Wallet which allows you to keep your private keys will keep you safe from scam.

[BigBoy89]

what do you use wallet or exchange for?  Do you want to trade or hold ?
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.

I think you should always choose wallet, except when you are going to sell it very, very quick.
IMO mid-term holdings are for wallet as well. 

[supermine]

what do you use wallet or exchange for?  Do you want to trade or hold ?
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.

It is based on your purpose if you are going to trade that coin sooner then keep it in an exchange but it is not a safe place to store our coins.Even if you want to hold your coin for a while then choose the wallets,if hardware wallets then your coins are secured.

[islakevin]

Well for me if you are a trader you should choose an exchange , but if your an holder or investor you should choose wallet because its safer . there are possibilities that known exchange will close or even scam. so if your a day trader or just a trader better choose exchange and watch it everytime every news everything cause its like your vault .

[Winner]

what do you use wallet or exchange for?  Do you want to trade or hold ?
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.

A desktop wallet is the safest. A hardware wallet is not safe unless the wallet was built by yourself.

[jinnyjinny]

I prefer to keep cryptocurrency in both places, but most of fundes - on the wallets. Usually i don't trade, i prefer long holding,but someties i need to buy something very quickly, so that comfartable to have some amount of BTC and ETH on the exchange.

[vrabac68]

I use both .Myetherwallet when i keep coins and Binance and KUCOin for trading.Transferring coins is only like 1$ fee
I think both these exchanges are safe even if they are not decentralized

[deevan]

depends if you are a day or short-term trader then it is better to keep your coins on an exchange on which you are going to trade frequently, to avoid withdrawal fees to get your coins deposited in your wallet. If you are a long/mid term trade then it is highly recommended to store the coins in a personal wallet for which the private keys you are holding. I only use to keep those amount of coins on an exchange that I am going to trade less than a week rest coin I am keeping in my wallet, yes you are right hardware is also the best option also Desktop wallets too, as exchanges are not safe to store your coins for a long time.

[husencoe]

Actually I use exchange wallet because i'm a trader. I just have a wallet from myetherwallet for receive bounty reward and a wallet in blockchain.info but until now not have asset yet. Lol..
Actually if you not plan to hodl your asset, use exchange walletnis the best but you also must have a wallet to store your wallet when you tired to trade.

[Adunni6758]

Each of it has its benefit. Some times i use exchange and at some other times i use wallet if i have made up my mind to hold for long.
There are coins that are good for constant trading, while some are good for long time hold. Although, this depend on individual's view.
My advise to most people is that, if you do not know how to trade, it is better to hold in wallet, then learn trading techniques before starting.
The only thing i cannot do is hold my coin in exchange wallet for a long time, because this i do not see to be well secured.

[philad220]

The thing is that both have different significance, I mostly used the exchange for day trading to safe my transaction fee, and uses hardware wallet to store the tokens i have to hold for long.
I think hardware wallet is more safer compare to exchange.

[iigor]

I prefer long-term investments and I am keeping my coins in wallet. Exchange is for trading only. I don't thing that exchanges are safe enough to keep my investments there long time.

[parkraol]

I wouldn't stay away from just one app. Better use of wallet and exchanger 2 in 1. I'm currently using the mobile wallet of ethereum, erc20 and erc223 tokens. Its exchanger will come soon, built with a hybrid security exchanger. It's easy for me to get into this app because it's all right there, I can trade or hold easily. I'll just try it's exchanger and hopefully it's very advantageous to use. Using this type of wallet plus exchanger can easily keep up with the volatility of the coins when suddenly fallen off can immediately buy and holds. When making a decision to sell hassle free because it's already there.

[lifesgood10]

I choose the wallet, because when you use wallet, you can sleep in peace and convenience
Also, when you keep your tokens in wallet, you could get tips from newly introduced coins as btc or eth hodler

[balrog]

I'm using both : wallet for hodling and exchange for trading . I think sometimes we need to trade , because it can safe our funds from massive losses , or even give a profit . Hodling can give good profit too , but it require to much time to wait . Combining both methods is a much better as for me .

[Siren]

what do you use wallet or exchange for?  Do you want to trade or hold ?
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.

i rather choose both between exchanges and wallets because both are my storages,i make sure that i had an funds in my exchange so whenever i wanna trade i have a ready..and on my wallets so whenever i need to withdraw my convertion is ready..this is how i balance my whole funds for easy way of using.

I'm using both : wallet for hodling and exchange for trading . I think sometimes we need to trade , because it can safe our funds from massive losses , or even give a profit . Hodling can give good profit too , but it require to much time to wait . Combining both methods is a much better as for me .

We have the same principle in this cryptocurrency mate,we both uses this for our daily venture so what ever may happen were always ready,and were save on hacking because our funds spreads to many storages if ever we become victim atleast lessen than single

[coinsfuture]

Actually, I hold the money to make them safe. I am scared of hackers, so I do not like to use exchanges. So, they are good for trading, yet a wallet is much safer.

[Winterizing]

Mostly of my tokens are stored in my wallet for holding because I think the market is still you and has plenty more room for growth thus, I'll just hold it. I often withdraw only what I need from my wallet if I need it.

[Jennarro]

I further recommend sharing it 50:50 because both are not 100% safe if you want the most secure, is to store it in a hardware wallet like Trezor or Nano Ledger, then, your job is to keep the wallet out of reach of children or maybe your friends do not need to know

[Paigeorg]

In the beginning I used exchanges but now I transfered to a personal wallet. Occasionally i use exchanges to purchase cryptos but then I transfer it to my wallet. If anything occures, I can transfer it to any of the exchanges cheaply and in a fast manner while if I hold all of my crypto on one exchange and there is high volume I have to wait for hours until the servers become operational again

[riaruhs09]

at the time of holding the coin I prefer to keep my assets in my personal wallet because then I feel more calm. because in exchange there is often a problem and loss.

[Daniel Brian]

I just want to use wallets because it is safer. its to much risky, If you search about it,You would found a lot of scam news.

[babay_ko]

If i want to keep coins for a long time my choice will be on  hardware wallet,but if i want to trade day to day it will be exchange wallet of course.

[Chris Hauer]

Personally i prefer exchange because i hold my coins for a short-term and trade it in right moment its price goes up a lot.

[adriaymati58]

The best solution nowadays is to hold your coins because the market is down since it is just the beginning. I am sure the market will go up. So, hold and use a secured wallet

[xarly1]

To a large extent the main part I try to keep on an external wallets . but the money that I use to trade appropriately kept on the exchange

[Enoch Lewis]

what do you use wallet or exchange for?  Do you want to trade or hold ?
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.

Yes, i think so, for a long term investment i dont sell my coins so i hold my coins in Exodus and Coinbase. If i buy more coins, they will continue storing in my wallet.

[norman472]

I choose wallet who using private key  it keep safe for saving , I will send to exchange when I want to sale it .

[DonaldTramponald]

When I keep coins for long, I use separate wallets for each coin.  If I have a small number of coins, I keep them on stock exchanges.  But if you keep your coins on the exchange, then use not one, but several exchanges.  Choose top-end exchanges.

[fosco333]

what do you use wallet or exchange for?  Do you want to trade or hold ?
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.

exchange wallet is not secure. you won't know what will the exchange do with your balance.
i suggest you if you are not trading and want to hold, just transfer back to your personal wallet.

[magnum357]

I think i choose wallet for now wallet is good where ever your are you can used your money or buying items using your wallet.

[babsjoe]

I would choose wallet over exchange when it comes to safety of my fund. I will even go a step further ti keep my fund cold. The option available to cryptocurrency user and investor is amazing. The tech made it possible tovbe in charge of your money!

[Road445]

Generally speaking, if the amount is big, then I choose local wallet.
Because if the exchange happens to steal an event, then this is a very troublesome matter.

[BADBITCH]

I choose to use the wallet, because you always have an added advantage when you use a wallet unlike an exchange where you have to be careful of phishing links, password, 2fa, and so on.

The best is just a wallet, if you are fortunate to use an erc wallet, then you could even get more erc 20 tokens, hodlers airdrop won't meet you in a jiffy either.
Always use a wallet for ETH,
Use Blockchain for BTC

[veraro]

I think the wallet should be used always. Every exchange can be hacked or same unexpected things can happen and you lost your money. Of course if you make trading you have to keep tokens on exchanges, but you should withdraw your profit.

[ooxtcoo]

They cannot be compared because they have different purposes. Exchanges are more profitable to trade, wallets to hold.      

[QuinlanDeclan]

what do you use wallet or exchange for?  Do you want to trade or hold ?
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.

Wallet use the secure coins and it is easy to use when I buy the coin then I uses the exchange.

[zhanyiguai261315]

I will buy some BTC in my wallet and hold it for a long time!

Other digital cryptocurrencies will be traded on the Binance exchange because the encrypted currency will make a profit in the short term.

[HPQ.IO]

It depends on the amount... For huge amounts wallet (better hardware) is the only choice.
For small amounts just for regular trading exchange will do. But when stop trading for some time it is better to transfer to wallet as exchanges may have problems as we can see...

[binhvo1505]

what do you use wallet or exchange for?  Do you want to trade or hold ?
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.

I agree with your opinion. The small amount of money should be on the trading floor, it will help us to trade faster.
Large amounts of money should be left in cold wallet. I think that would be the safest place to keep your money. We can prevent hackers using cold wallets. Although the price of a cold wallet is quite expensive it can help you keep a lot of money, even if the security is higher than the bank.

[Snakerist]

Of course your own wallet is much more safer than exchange, so if you want to hodl it is essential to put your funds in your own wallet.

[Redhead5]

They cannot be compared because they have different purposes. Exchanges are more profitable to trade, wallets to hold.      

This is good perception. Go in exchange when you need to trade in highest exchanges but for cold wallet for secure keep. Hodl is the best when planning for long term investment. This how it differs, but the main point are to make profit both the two.

[emmybd]

There are a few good exchanges, but a lot of investors have been having problems with these exchanges. So you can't trust these exchanges. I would prefer wallet to hold my coins. In fact, I have been using MyEtherWallet for some time and holding coins without any problem.

[emmybd]

There are a few good exchanges, but a lot of investors have been having problems with these exchanges. So you can't trust these exchanges. I would prefer wallet to hold my coins, I think it is safer than exchanges. In fact, I have been using MyEtherWallet for some time and holding coins without any problem.

[hieu81]

what do you use wallet or exchange for?  Do you want to trade or hold ?
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.

I choose both, for long-term storage, I use Wallet, use less exchange! For safety reasons!

[afterdark]

what do you use wallet or exchange for?  Do you want to trade or hold ?
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.

All the coins and tokens that I keep for a long time are stored on the hardware wallet. Those coins that I use for current trade are stored on exchanges. It seems to me that this is quite safe and convenient.

[RonaldDuncan]

what do you use wallet or exchange for?  Do you want to trade or hold ?
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.

I think these both are good but mostly people choose the wallet so i suggest you to invest in MYETHERWALLET.

[realsmans]

Strange question. If you want to trade, hold on exchange, but remember about risks of breaking, and scamming. If you'r more as investor, then hold on wallets, because it's much safer, than exchange, but still can be hacked. So better hold on few different wallets.

[Grayy]

I prefer keeping most of my funds in my wallet unless I'm trading at the current time. Only time I'll leave funds on exchanges is when I want to dodge payment for depositing funds on the exchange and paying again to withdraw my funds. But it's safer to keep your funds in wallets than being stingy and losing everything to hackers...lol

[oyeade56]

As I do say, the choice  to choose depends on the type of coin you have and it's value in the market.

[edison benzamin]

I often divide the property into two and store it in a cold wallet

[pihipawal]

If it is ETH I think myetherwallet should be used. If you want to exchange I think it's a good idea to look for a quality trading platform such as bittrex, binance .... to keep bitcoin, eth or altcoin easy to trade.

[AK47-]

I would say diversify your investments on exchanges and wallets. I have seen many instances of exchanges getting hacked as well as wallets getting hacked. Therefore,  it's best to diversify the risk by keeping your coins at different platforms. Also, if you are frequent trader, then having some amount on exchanges is needed. But if you are a long term hodler, then go for paper or offline wallet. Online and desktop/mobile wallets are prone to hacking. It's better to go for big and reputed exchanges instead of online wallets when it comes to safe storage.

[bekkioPEK]

I personally do not like to keep coin on exchange, this is an unregulated market so no exchanges can give you guarantees or any refunds in case of hacker attacks. installing a wallet takes very little time and if you do not have an infected computer, you have a very good security. obviously some small amount for "dayly trading" is right to keep it in the exchange. the past is full of exchanges that have escaped with customers' money

[kramchers]

both are good to choose as long as you are keeping your personal information and access key to it.
exchange wallets are good if you are doing trading almost daily or weekly, but if you are about to hold the coin for a long time you better use hard wallet.
or some wallet out of the exchange.

[Franklin Pierce]

Maybe you need:
The TOP 5 BEST ALTCOIN wallets:
Cryptonator
Agama
Exodus
Jaxx
Coinomi

[Stradivarioos]

I prefer long-term investments. I choose coins that are quite famous and sometimes I buy tokens during the ICO.

[parassinghal]

I don't think that there is any confusion, its obvious that whenever we have to trade then we use exchange else we keep holding our coins in wallets.

[Gu_XiaoMing]

I think keep my coin in exchange is so serious, so i chosen wallet, hardware wallet, such as Ledger Nano S, maybe you know it is the best wallet for security and you must pay fee for using that wallet about $50-$80

[batang_bitcoin]

what do you use wallet or exchange for? 

Wallet for keeping.
Exchange for selling.

Do you want to trade or hold ?

I want to do both.

If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.

Nice piece of advice. Most of the bitcoin that I've got, I just let it hold with my Ledger nano S (hardware wallet).

[tonylewisverdu]

use a hardware wallet for holding crypto. fine to keep smaller amounts on an exchange for trading but not for holding over an extended period

[SkiOlya]

I expect full-fledged decentralized exchanges, with good volumes and high liquidity. Then you will not have to worry about the safety of funds on the stock exchange or purse, as it will be very convenient to trade from your own purse, which no one else has access to. I hope Alexander Ivanov will soon finish his DEX on the Waves.

[Viscera]

I choose wallet to keep my precious coin alive and i know it's 100% safe coz i'm hodling my private key. Well if you keep your coins in an exchange it's a 50:50 situation. If get's hack then all your money will lost forever. So do your analysis coz i gave my opinion already.

[kenelmark]

what do you use wallet or exchange for?  Do you want to trade or hold ?
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.

Wallet is always safer than exchanges. always choose wallet to hold. exchanges have many issues of safety, despite hacking, they can not guarantee their servers will always perform well. wallets are better, even for trading, unless, low amount to trade, avoiding fees.

[roservelt99]

Giving some suggetion for you
The best exchanges for trading the majority of altcoins are EtherDelta, Binance, and Bittrex.
The best wallets for securing your coins are Ledger Nano S, Trezor, Coinbase.

[guagua_ga]

Using exchange or wallet depends on your aim. So i wanna suggest you: Coinomi is the absolute winner of altcoin wallets. Coinomi by far supports the most cryptocurrencies out of any wallet on this list. It has the shapeshift.io exchange built in and just works flawlessly. You get a clear overview of all your balances, and Coinomi combines this balance so you can see exactly how much your crypto is worth.

[jackichan]

I recommend you about the wallet i love so much. It is Jaxx- a multiplatform multicurrency wallet. The private keys are stored on your device. It has a beautiful UI, is really sleek and easy to use, and has shapeshift built in. What's great about Jaxx is that it supports every major platform. Desktop clients available for Mac, Windows and Linux. Mobile clients available for iOS and android, and hardware wallet support coming soon.

[Kevin77]

I would say diversify your investments on exchanges and wallets. I have seen many instances of exchanges getting hacked as well as wallets getting hacked. Therefore,  it's best to diversify the risk by keeping your coins at different platforms. Also, if you are frequent trader, then having some amount on exchanges is needed. But if you are a long term hodler, then go for paper or offline wallet. Online and desktop/mobile wallets are prone to hacking. It's better to go for big and reputed exchanges instead of online wallets when it comes to safe storage.

That makes a lot of sense honestly. Anyone who has all their investments on exchanges really does not have anything because whatever happens to those exchanges will plainly affect all their holdings. The most secured way is having a decentralized wallet holding most of your assets except for those one may want to trade once in a while for the benefit one can derive from trading.

There is absolutely no way I can actually just put all the things that I have in one single place most especially when I do not have control over them. For the short or mid-term trade, it is always tempting to have some in the exchange so as to utilize the profit one can make from the fluctuations in the market. I have always believed in storing long term in cold storage since that is safer anyway.

[blue08]

I use both. I use wallet to keep my coins and token for long term and I use exchanges for trading.  I don't usually use an exchange to keep my holdings just to be safe.

[rommelzkie]

what do you use wallet or exchange for?  Do you want to trade or hold ?
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.

It depends to you.

Long Term HOLD  -  Best yo use the hardware wallets available in the market like ledger. Also good for acquiring split tokens during HARD FORKS. Most secured

Trading and Short Term HOLD - Better to leave it on exchange since you constantly change your crypto.  Remember that wallets provided by exchanges are considered HOT Wallet.

[blueteam09]

what do you use wallet or exchange for?  Do you want to trade or hold ?
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.

I prefer to use the exchange to keep his Altcoin. If you follow Altcoin in thick portfolios or websites like coinbase, it's inconvenient when you need to transfer them to the exchange before you want to make a buy-sell so keeping them on the trade will make it easy for you to create a buy-sell.

[Jenapza]

Keep it on your wallet if you want to keep it for longer, so that security is guaranteed. Keep your private key do not give to anyone. Use exchanges just to liquidate your assets and for asset trading. observe the ups and downs of prices lest you lose money.

[ngovanngoc]

I think that choice depends on your investment plan, especially the time you hold! If you hold on for very long time, the best wallet is good and good again!

[Maloppo]

It's better to store in the wallet than exchange
exchanges is not safe if do you want to save your coins for a long time.

[abake]

Both are useful in their different ways. I prefer exchange when i’m keeping or trading for short term which I may choose to exchange to fiat or other coin in anytime while, I prefer wallet for hold (long term) which i’m Not thinking of selling soon.

[Sigfred Hernadez]

If you consider about Bitcoin, I like to use wallet because i hold them for a long term. But you should store them on many diferrent wallets and sometime you could change to exchange to secure. There are some suggetion you could need:
Bitcoin exchange: you buy and sell bitcoins, like in a regular exchange, and you can use it as a regular wallet. Examples: CoinBase and Poloniex.
Bitcoin wallet: you just keep your bitcoins. There as several of them but don't use blockchain.info's android app!
I hope I helped!

[Caladonian]

It's better to store in the wallet than exchange
exchanges is not safe if do you want to save your coins for a long time.

Simple but it's reality, if you like to save coins then you should place it to much safer place a hard wallet is better to make some extra security and it
will be in your possessions not like when you are storing it inside your exchange wallets where you are not sure about possibility being hacked and the
site/exchange itself can be attack and your money/coins is not safe, a lots of people who understand the the system will prefer to use hard wallets.

[michellee]

I think if we don't want to use the coin for trading, we can choose personal wallet like jaxx, coinomi, mycelium, electrum or else to keep our bitcoin or another coin. but if we want to use the coin for trading and we want to increase the amount, then maybe it is better to keep in the exchange so we can directly to do trade for each of coins. but remember, you need to make sure that our account safe from the attacker so we can trade without worry.

[ogini]

If you are not trading any cryptocurrency at the time the best place to keep your cryptocurrency is the wallet because the exchange can be hacked and some exchange have also learn to hold people investment to ransom  

[avirdoz]

Depends on the goal that you pursue. If you are engaged in trading, then of course it is better to keep assets on the exchange. Wallet is the more secure way to keep your coins for a long term holding.

[Robin_Good]

what do you use wallet or exchange for?  Do you want to trade or hold ?
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.

I choose wallet because I think it much more safer and also because I prefer to hold coins

[TorbjornE]

I use many kinds of coins. If you install wallets for all coins, then it uses a lot of space and is unsafe (in some "hot" coin purses a virus may be hiding), so some coins are stored on the exchange.

[wuvdoll]

If it is ETH I think myetherwallet should be used. If you want to exchange I think it's a good idea to look for a quality trading platform such as bittrex, binance .... to keep bitcoin, eth or altcoin easy to trade.

The good thing however with some of the tokens today is that they are based on the ETH smart contract and that makes it easy to store everything in a single ETH wallet and hold the private key safely and even if I want to do any quick trade, I can easily make use of decentralized exchanges to do my thing.

I still have some coins on exchanges such as bittrex and binance, and hopefully, nothing happen to them, but nothing more than I could not handle even if both exchanges decide to fold up. I am sorry honestly I am not expecting them to do so. But in practical, we cannot do anything what is going to happen in future, I meant that alone.

[jaggijagjit]

It depends on you, if you are day trader then you can choose exchanges like Bittrex, Binnance, which will provide you good security features. or If you want to hold your coins for long term then Hardware wallet is best way to keep your coin secure.

[cramcram21]

For me it depends on the coin and if I need some money when I get the coin or token,
If I need some Fiat then I would deposit it in the trading site but if I don't then I would just keep it on hold in my wallet.

[lisa_john]

for a long term investment, it is safer to keep in your wallet. i use Coinbase and Exodus wallet.
for short term investment e.g. day trade, i would keep in exchange.

[aray80]

I personally use both. I use my wallet to store my coins and tokens for long term and For exchange I use them for trading and do not use exchange to store longer my coins are there ...

[Stamil]

I prefer to keep my coins in my wallet, because it's more reliable. This method allows me not only to keep the funds safe, but also to get a good profit.

[pro2017]

I feel safer with a hardware wallet.
But from time to time I have to keep it on the exchange.

[markk94]

i am prefer to safe my coin in exchange for the "mid term" investment that will be sell when the price already good. but, for the coin that already noted best to be long term holding. i prefer online wallet for long term holding.

[colenax]

what do you use wallet or exchange for?  Do you want to trade or hold ?
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.

I think everyone knows that without you having to tell. everyone does the same thing when going to trade or just holding back the bitcoin or altcoin.

[Hamphser]

what do you use wallet or exchange for?  Do you want to trade or hold ?
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.

Basic thing and theres no need to repeat this kind of illustration yet there are lots of topic already towards this matter. Exchange wallets would only give advantage if you do make active trades but if you do tend to hold for long term then hardware wallets would be suggested. Storage will be depending on ones decision on where which path hes going either for long or short term.As long you are aware into your own coins then it should be fine.

[IrReAr]

what do you use wallet or exchange for?  Do you want to trade or hold ?
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.

Wallet without fail... if the exchange gets shut down game over you loose out.
You must also consider trading patterns. If you are an intra-day trader no way you can move your coins every hour between wallet and exchange. But, if you plan to hold a coin for long time, not use it in your intra-day, then store it in a cold wallet.

[Pumuckel21]

To give you a very good advise never EVER store your crpyto coins/tokens at an exchange. There are multiple examples from the past that an exchange CAN be hacked and then ... your coins are lost amigo

[isyot12345]

what do you use wallet or exchange for?  Do you want to trade or hold ?
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.

I think everyone knows that without you having to tell. everyone does the same thing when going to trade or just holding back the bitcoin or altcoin.

For me im prefer to keep my coin into wallet. ill wait the good time price when i sell my coin. for now i want invest more for the big profit soon. better to do is keep our coin into wallet and invest more then that times are getting high we want exchange this to chance a get a big profit.

[Smeilz2017]

what do you use wallet or exchange for?  Do you want to trade or hold ?
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.

hi,  I use multi-signature wallets for holding coins. Multi-signature wallets make it so that n-of-m keys must sign a transaction before moving funds. In its simplest form it is 2-of-3 keys. For Bitcoin and bitcoin variants (e.g. Litecoin), this is absolutely how I would recommend to store institutional funds.

[ifanxu]

Usually I store cryptocurrencies on the exchange, which is convenient, for quick transactions.of course, if are optimistic about the long-term, do not intend to sell, I will put the crypto currency in my local wallet.

[matthewtherry]

IF you want to hold for long term than it is better to keep your coins in a wallet. I use myetherwallet and it is fine

[eye-con]

what do you use wallet or exchange for?  Do you want to trade or hold ?
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.

of course I prefer to trade, as long as I am holding the coin, I may be able to circulate my holdings, I can earn from it, I can add the number of it, and I can see its movement.

[energodar2019]

I trade on different exchanges, about 6-7 and I keep all the money for them. At any time I can sell them or exchange them! Of course this is a risk, but when you are engaged in trading, it's hard for another. Coins received by ICO so far I hold on my wallet, because I will hold them for a long time.

[Kemeron]

I choose Exchange

[RonaldDuncan]

what do you use wallet or exchange for?  Do you want to trade or hold ?
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.

I think the wallet is the best place for safe coins. Coax it have a reliable and easy to use.

[altcoinhunter01]

I am using both. I am using offline wallets from long term holdings and exchange wallet for my trading activities because without exchange wallet we cannot trade.

[hsyncl]

Online casinos are not secure at all and do not guarantee 100 per 100 for anyone.In this paper, I will introduce bitcoin addresses to you and you will store your private keys, and I will introduce you RFID chip which can be used in the next few days.So we know that bitcoins are actually on the network, not in the cousin, but all you need is your private key.Detailed information has been explained in detail by many of our friends on our Turkce forum. When you search, you will get more precise results if you call the detailed search part by clicking on the button beside the search button instead of the direct search box to search for it, you are not likely to find the thing you are looking for.

[unusualfacts30]

what do you use wallet or exchange for?  Do you want to trade or hold ?
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.

It's perfectly fine to keep small amount on exchange for short term but if you're planning to hold for longer than a month, you should transfer it to your wallet and keep it somewhere safe where no one can access it but you.

[xitijekiki]

I like to use the wallet of the trading floor. I can trade fast and have a lot of pennies for me to choose. However, should look for reputable distributors, I usually use bittrex and binance.

[rumpletiltskin]

For me i use my wallet as a solid hodl

[rumpletiltskin]

But when you want to sell your coins. better put it on the exchange

[Geoffrey Walker]

If you are not day trading with the coins, even if you are day trading, you still need to get a wallet you have control of the private key so that you can save some coins there from time to time.
So your best choice is also a wallet.

[Griffith Allen]

Organize your coins and tokens into many different wallets and exchanges with amounts you are willing to lose if things get compromised. By doing that, even if some wallet/exchange gets hacked, your loses will be minimal.  By having different coins on exchanges you can avoid that risk. Search for top wallets/exchanges for different coins and allocate them there. My favourite wallet are Ledger Nano S, Coinbase, Exodus. At least, this is what I did. At the end it's up to you.

[InvestICO2L]

what do you use wallet or exchange for?  Do you want to trade or hold ?
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.

I think the wallet is the best place for safe coins. Coax it have a reliable and easy to use.

It depend on you're a trader or long term investor.
If you are a long term investor then the best you should store your coins in hardware wallet, it's safer. But if you are a trader you need to store all your coins in exchange sites, it will convenient for trading and saving fee deposit and withdraw.
For me, i'm using both because i use 60% my capital for trading and 40% for long term investment.

[ZahaRip]

what do you use wallet or exchange for?  Do you want to trade or hold ?
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.

When trading, I never withdraw my funds, even if it smells burned. I always pour them into another coin. Withdrawal means leaving the market, and it is much more difficult to return.

[raven7886]

I personally do not like to keep coin on exchange, this is an unregulated market so no exchanges can give you guarantees or any refunds in case of hacker attacks. installing a wallet takes very little time and if you do not have an infected computer, you have a very good security. obviously some small amount for "dayly trading" is right to keep it in the exchange. the past is full of exchanges that have escaped with customers' money

No one definitely likes it except for some novice investors who may not have an idea on staying safe or go through the stress of opening multiple wallets for different coins except for tokens that can be on ETH wallet for those ones built on the Ethereum blockchain anyway.

As much as it is easy to hold on exchanges as much as you want, it is highly unsecured knowing you have no control of your asset and that alone can make you lose everything.

[kim_min888]

To me, using wallet is safer than exchange. If you wan to store coins for a long time, you should definitely order a hardware wallet. Since most of these hardware wallets have a waiting period of a month or two due to huge demand, you should order one as soon as possible. If you are looking for a single recommendation as the best Bitcoin hardware wallet, then you should look no further than Ledger Nano Sand . And as to exchange , it is better when you trade , when you need money as fast as possible, you can sell immediately

[kim_min888]

To me, using wallet is safer than exchange. If you wan to store coins for a long time, you should definitely order a hardware wallet. Since most of these hardware wallets have a waiting period of a month or two due to huge demand, you should order one as soon as possible. If you are looking for a single recommendation as the best Bitcoin hardware wallet, then you should look no further than Ledger Nano Sand . And as to exchange , it is better when you trade , when you need money as fast as possible, you can sell immediately

[meldrio1]

For holding my altcoins I just used in exchanges I know it's risky but it's only a small amount. If I invest a large amount of money in altcoins to hold for long maybe I will use hard wallet for safety of my altcoins.

[weav]

This advice only counts if you hold enough bitcoin to justify buying a hardware wallet. For everything under thousand it isn't even worth it.

[Vyachel]

I keep my money on the exchange. I do that partially to protect themselves from theft of the private keys from the wallet.

[SeXy]

Choose based on your goals and convenience. There are many similar topics on the forum, use search

[Serco]

I personally put my coins in exchange. because I am always monitoring the prices to see firsthand what is being down or up. If the price goes down I'll wait until prices stabilize. for sales, maybe I see how the price of eth, whether the price is nice or not. a few coins that I have, I keep my savings to investments for the future.

[DmitriySar]

I divided certain coins into several parts, one part is on my purse, and the other part is on the exchange. At any time I have the opportunity to trade, it is convenient.

[Mrbee]

Some of my tokens are on wallets, some are on exchanges. The wallets I use: online and desktop. Unfortunately hardware wallets are not able to keep all the tokens, usually they work with BTC and ERC20 coins.
I don't trade in active way now because there is no growth on the market yet. I am waiting.
 

[Alanpigi80]

I'm relying only on wallet for now, I'm not trading 24/7, I'm planning to harvest my coins later, in two or three years by now

[ayo_deji1]

It all depends on the market. I keep my coins in my wallet, I also do some exchanges, as the case may be. But, in most cases, I keep my coins in my wallet, cause I don't really wanna ive myself unnecessary stress when it comes to trading.

[skip60]

you can keep small accounts at exchanges for tradinh, it is possible

you should keep but your main invesment at cold storoge

you can use ledger for cold storage or you can use offline wallet of mew which is quite good also

[castellodocet]

I'm not planning to hold my coins for long time, then I totally rely on exchanges, because it's more convenient for me

[Nachoo]

I keep my long term coins in my wallet and for everyday tradings with minor altcoins I use some trusted exchange

[Borisb52]

what do you use wallet or exchange for?  Do you want to trade or hold ?
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.

If you regularly trade on the exchange, you definitely need to keep your coins on the stock exchange. If we are talking about investments for a long period, then of course coins should be stored in your wallet. So it will be more reliable.

[karramov]

More and more began to trade. it is necessary to increase the portfolio, so you need to do a lot of transactions on signals. I would like to leave the coins on the hardware wallet and forget about them

[bastian466]

wallet exchange is more secure. I trade every day sometimes weekly and hold a maximum of one year and my payment token holds until the price is at peak

[shirackjs]

Exchanges should be used for trading and not for holding of coins, even for mid term. Holding of coins should be on a proper wallet which you control the private key.

[Aleksandracern1]

I keep all my assets on exchange, it's much more convenient and faster, but I'm scared, wallet is at the moment more reliable, but very uncomfortable

[readygoaw]

what do you use wallet or exchange for?  Do you want to trade or hold ?
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.

I don’t spend much time working with cryptocurrencies. That’s why I am more interested in holding coins for a long time. Exchange platform is worst place for this. I used to operate with hardware wallets.

[michellee]

what do you use wallet or exchange for?  Do you want to trade or hold ?
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.

If you regularly trade on the exchange, you definitely need to keep your coins on the stock exchange. If we are talking about investments for a long period, then of course coins should be stored in your wallet. So it will be more reliable.

I agree with you and it will make us easy to do something if the coin is in the exchange. we can directly sell or buy that coins without waiting too long. but maybe you can have two wallets for this which you can us to trade daily and to make an investment for your coins. I do this too and so far, I don't have to send the coin from my wallet to the exchanges because I have another amount in the exchanges. and it is better to keep bitcoin only in the wallet than to keep bitcoin in the exchanges.

[jack ryan]

To be honest, I think keep my coin in exchange is so serious, so i chosen wallet, hardware wallet, such as Ledger Nano S, maybe you know it is the best wallet for security and you must pay fee for using that wallet

[Temmy007]

It is best to save any coin you are holding for long-term term on wallet,  and short term trades coins can be on exchange,  and make sure you keep short term coins on good and big exchange, anything can happen to an exchange anytime

[The Alchemlst]

I use both .Myetherwallet when i keep coins and Binance and KUCOin for trading.Transferring coins is only like 1$ fee
I think both these exchanges are safe even if they are not decentralized

True, I feel much safer with kucoin exchange platform compared to other exchange platform like etherdelta and hitbtc. As for my wallet which is myetherwallet I also recently bought a ledger just to make sure that the bitcoins and ethereum I hold are in high security protection.

[Snakerist]

I can't disagree with you but I always prefer wallets because they are much more secure. And yes, I don't trade I'm rather holding my coins.

[senne]

It simply depends upon the type of work you need to perform. First let me clear that there are many types of wallets and even exchange provides you wallet to store coins and one can easily send or receive using exchange. But the other type of wallet where users can hold their keys are tend to be more secure in long term usage. You can know more about wallets at this link:

https://bitcointalk.org/index.php?topic=1631151.0

This will explain all types of wallets under private wallets. Hence, it totally depends upon the work to opt between exchange wallet or private wallet where you can hold your keys for the wallet.

[mario00]

You do not have to choose because they both have the purpose that they each serve and there is no way for you to interchange one for the other. Best for your coins would be for you to get an offline wallet and to only keep the coins that you know that you actively use maybe in trading and stuff online, just to be on the safe side

[phpartisanmaster]

what do you use wallet or exchange for?  Do you want to trade or hold ?
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.

I prefer to choose wallet because there are exchangers today that are just dying if they cannot control the growth of bitcoins on their market or their security sometimes is not good enough that hackers can penetrate the system.

[Ostonian]

If you trade every day, it is certainly beneficial to store coins on the purse of the stock exchange. And if you store in the long run, then of course you need to choose a coin purse, only you will have access to it (like MEW).

[modamo]

As for me, it's better not to hold many kind of coins in the wallet, and store them.
At first your wallet may be attacted and there is great risk to loose your money. And secondly, the price of unpopular coins can just fall.

[Zudalar]

As for me, it's better not to hold many kind of coins in the wallet, and store them.
At first your wallet may be attacted and there is great risk to loose your money. And secondly, the price of unpopular coins can just fall.

All you use is your wallet or do you just put it on an exchange as well?
I know that it's much safer to leave the coins off an exchange because they are third-party wallet providers.

[alrez]

I use the mew wallet, and not the exchange. I prefer to keep it myself, and do not trust to xchanger. I'm worried about the security of my money, if I keep it in xchanger, even though I do not keep my coins long, but it's more convenient for me to keep it myself.

[veraro]

Of course wallet is better to use for tokens. When your tokens on exchange, you don't have private key from their wallet, so technically you don't owner of your tokens. Besides exchange can be hacked and you lost your money. Always withdraw your crypto after trading.

[Ucy]

Your Cryptocurrencies aren't so safe on Centralized exchange. I don't understand what people mean when they advise people to only leave small amounts of Cryptocurrencies on Centralized exchange. How do one make reasonable profits if only small amount are used for trading? Better to use decentralized exchange. It is much safer because your Crypto is never stored on the exchange during trading. so you can trade as much as you want.

[Mhd-Bobbi]

what do you use wallet or exchange for?  Do you want to trade or hold ?
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.

Everything You Need to Know to Start Trading Cryptocurrency Like Bitcoin, Litecoin, and Ethereum
To start trading cryptocurrency you have to choose the cryptocurrency wallet
and exchange is used to trade.

In other words, if you want to trade the cryptocurrency you need:
Crypto currency purse.
trade exchange.

I think for wallet more convenient to use is your personal computer

[fulmetal08larz]

I am keeping most of my coins in my wallet for staking and master nodes, then upon reaching the target price for a certain coin, I transfer it to an exchange to trade. Upon conversion to BTC, I keep it in my Ledger Nano S hardware wallet for safekeeping and long term profit taking.

[jackky]

Use exchanges just for exchanging and use wallet in order to store for a long period

Absolutely agree with your opinion. Most people who use the hold method will send the token to their wallet. Only people using the new trading method use wallets on exchange

[JohnWick_Bitcoin]

what do you use wallet or exchange for?  Do you want to trade or hold ?
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.

I prefer my wallet over exchanger because there are market's out there that are not decent enough to sustain their system and they will just told that your coins are already gone but they just cant handle the drastic change's of prices.

[mersal]

Of course wallet is better to use for tokens. When your tokens on exchange, you don't have private key from their wallet, so technically you don't owner of your tokens. Besides exchange can be hacked and you lost your money. Always withdraw your crypto after trading.

 I think it depends on the each people but wallets are better than exchange if it is a good wallet but different people had different opinions so choose which will suits you .

[pekavcilar01]

The most important thing to note when choosing a wallet is security. Choose two three-step wallets, not one-step. One password is not secure at all.
Watch out for market caps when choosing the stock market. Pay attention to the volume of coins.

[Israel712]

You keep coins in an exchange when you anticipate trading, but store your hard earned coins in a cold wallet and wait for opportunity to enter market for profits.

[k-west]

I am keeping 70% of my coins in hardware cold- storage wallets for long-term period and 30% on exchanges for trading.For better security I am using 2 Fa for entering exchange.

[heds0n]

It is not recommended to keep large amounts on exchanges. There are many other ways to do this. For example hardware wallets.

[MISS_nSTASSY]

There are some coins that need to be all amount on wallet, and there are some coins that need to be all amount on exchange. And all other coins you can divide partially, 40/60 for example.
Coins that should be in wallet should be long term investment. Because cold storage is much more safer. And there are coins that should always be on exchange. For example, BCN. When they pump it you can't send it to exchange.
But I recommend you cold storage if you don't trade

[Min Mae]

It is depending on your aim.
Trading, I think you should use exchange to trade simply.
Holding, of course, wallet is the best security.   

[yrrehc16]

BOTH!!

i do daytrade and to do that you need your holdings to be on the exchange.
if you are waiting for just a short-term and you have the target amount you need to be on the exchange.
BUT! if you will keep the tokens or coins with you for a long period of time.
it is better to have in the wallet.

[Clara Nim]

I choose wallet because I think exchange is more suitable for trading, and I am not fan of trading, I like to hold them for long time.

[ynclksnr321]

I see the purse more logical. I think that your wallet is also a negative side, but it is healthier than other methods of protection. There is absolutely no guarantee of everything on the internet.

[Kesha Emily]

I choose wallet, special hardware wallet. It make me feel safe and comfortable.

[Mallampue]

I prefer to choose store my coins in the wallet than keep them on the exchange
store in the wallet is safe than in the exchanges.

[shulern]

I choose cold wallet because I am the only one who owns private keys .And if you keep on the exchange it can be closed at any time and you will lose all your money) the Wallet is more reliable

[opeakande]

What I choose is wallet. It allows you keep your tokens save from temptation to sell. When you keep your token on exchange you tend to sell at non reasonable price as a result of fear or temptation. So I choose wallet.

[hlopchik3000]

I choose an exchange, as there is an opportunity to sell at any time. But if I'm sure that I will keep the investment for a very long time, then of course the official purse

[dkkhfhar]

Never keep your coins on the exchange for a long time. I recharged 2 ETH to the CM exchange in November last year, and the CM exchange disappeared a month later. Now I only turn the coins into the exchange when trading.

[kurlllviss77]

I am engaged in data trading, so I keep all funds on the exchanges. On 4 exchanges, and even so reducing the risks.

[barlo357]

Just like in business if you buy a product you must sell it with profit not in a break even system, in crypto must be like that also you sell your coins if the value are getting higher,if you have coins in your wallet hold it and wait until the value increases.

[EL-NIDO]

You should keep your altcoins in your wallet if you are not trading them. It is a good opportunity to keep your funds safe. Exchange is less secure than wallet. They may get hacked or suspended by the government.

[olsyd]

what do you use wallet or exchange for?  Do you want to trade or hold ?
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.

It depends on some factors:
- if I'm going to trade, of course I will chose exchange
- if the amount is not big, than it does not matter what to use
- if I'm going to hold, of couse I will choose a wallet because it is safer

[megaflux7]

You are right, it is always advisable to keep your  mid and long term hold coin in a wallet where you hold your private keys than an exchange that can be hacked anytime but for short term trading, you have no choice than put it on the exchange.

[001Blockchain]

I am keeping most of my coins in my wallet for staking and master nodes, then upon reaching the target price for a certain coin, I transfer it to an exchange to trade. Upon conversion to BTC, I keep it in my Ledger Nano S hardware wallet for safekeeping and long term profit taking.

[danggoron]

Never keep your coins on the exchange for a long time. I recharged 2 ETH to the CM exchange in November last year, and the CM exchange disappeared a month later. Now I only turn the coins into the exchange when trading.

That's the risk if you keep an asset on the exchange. Very risky, especially if the exchange is hacked. So you better keep it in another wallet, especially wallet, either offline or online. Use wallet exchange if you need it for trading.

[Noctis Connor]

You should keep your altcoins in your wallet if you are not trading them. It is a good opportunity to keep your funds safe. Exchange is less secure than wallet. They may get hacked or suspended by the government.

I agree with you, in exchange your funds will not be safe because of the security measures some of the exchanges doesn't have that full watch in your funds, unlike in your own wallet where you can store your funds and have a watch on that.

[lucy5632]

Usually I store cryptocurrencies on the exchange, which is convenient, for quick transactions.of course, if are optimistic about the long-term, do not intend to sell, I will put the crypto currency in my local wallet.

[maxim000]

If you are very active in buying and selling products over the internet via Cryptocurrency then I will say keep your money in the exchange as it will be easy for you to do the work. I will suggest not to keep your whole amount into the exchange as there are more chances of fraud and many scams are active these days over it as Cryptocurrency market is growing day by day. If you want to hold a coin, keep it a wallet. If you believe in active trading then keeping some asset in the exchange is a better option for you.

[girirohit957]

I prefer my hardware wallet to keep my coins , exchange are risky to keep too much funds , I tranfer funds from my hardware wallet to exchange whenever I want to trade , till then my coins are secure in my hardware wallet. 

[koleskok]

Well so all the coins and tokens that  I keep for a long time are stored on the  hardware wallet... Those coins  that I use for  current trade are  stored on exchanges.

[oceantiger]

I will like to manage my coins in my own wallet. I will know that i am holding my own destiny in my hands. I will manage the safety of the wallets with the best care i can muster and will not be a target of attack because the size of fund in the wallet like exchange which is attacked because of their holding.