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Author Topic: What do you choose between wallet or exchange ?  (Read 960 times)
mersal
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May 24, 2018, 06:15:40 PM
 #161

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 .
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pekavcilar01
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May 24, 2018, 06:33:32 PM
 #162

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
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May 24, 2018, 06:42:06 PM
 #163

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
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May 24, 2018, 06:47:09 PM
 #164

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
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May 24, 2018, 06:57:17 PM
 #165

It is not recommended to keep large amounts on exchanges. There are many other ways to do this. For example hardware wallets.
MISS_nSTASSY
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May 24, 2018, 07:04:52 PM
 #166

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

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Min Mae
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May 25, 2018, 06:31:30 PM
 #167

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
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May 25, 2018, 06:33:30 PM
 #168

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
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May 25, 2018, 06:36:43 PM
 #169

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
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May 25, 2018, 06:38:03 PM
 #170

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
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May 25, 2018, 06:43:51 PM
 #171

I choose wallet, special hardware wallet. It make me feel safe and comfortable.
Mallampue
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May 25, 2018, 06:45:19 PM
 #172

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
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May 25, 2018, 06:45:45 PM
 #173

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
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May 29, 2018, 12:17:31 PM
 #174

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
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May 29, 2018, 12:19:47 PM
 #175

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
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May 29, 2018, 12:20:14 PM
 #176

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
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June 07, 2018, 09:04:48 PM
 #177

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

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barlo357
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June 07, 2018, 09:25:50 PM
 #178

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
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June 07, 2018, 09:37:07 PM
 #179

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
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June 07, 2018, 09:54:41 PM
 #180

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
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