What do you choose between wallet or exchange ?

[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

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[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.