What's Your Exchange to Wallet Ratio?

[BTC_Dragon]

Does anybody leave a percentage of their BTC on the exchanges, or do you guys store all your BTC in your wallets, etc?

[Nwada001]

Does anybody leave a percentage of their BTC on the exchanges, or do you guys store all your BTC in your wallets, etc?

Exchanges are meant to be used for treating coins, not storing them, so there is no point in leaving them in an exchange.
 
If I use any centralised exchange today to buy bitcoin, the only purpose for using that is to buy it, and that's where its service ends. Storing it is my personal responsibility, so I move it to my private wallet (self-custodial wallet), to be precise.
 
I don't leave bitcoin in any exchange, but I leave some funds in some exchange as a result of me using them to place a buy order, which I don't expect them to execute at that very moment. Only those funds on an active order are what I leave in an exchange; the rest of them are moved down to my private wallet.
 
Not your key, not your coin.

It's safer to store it in your wallet, where you have full control over it, than to keep it in a place where anything can happen at any time, such as fund freezing, hacking, bankruptcy, etc.

[acroman08]

I'm sure there are people who leave a percentage of their BTC(perhaps a small one) on their exchange account but I don't, I use it as it is intended, exchange coins, and then withdraw. it's always better to store your BTC in your wallet/s. As the saying goes "Not your keys, not your coins"(a lot of people here will say this to you).

[Fundamentals Of]

Most of my Bitcoin is stored in my non-custodial wallet. I only have a small amount. It's in a hot wallet. I know it's risky but at the very least it is non-custodial and open source. I also have small amounts in my gambling accounts. It's for betting, mainly sports betting but I also sometimes bet on dice and other casino games, especially during times when I don't have anything to do. Right now I don't have funds kept in a centralized exchange. I don't trade often. If there's a need to do some trades, that's the time I will send my funds. It is especially discouraging recently with the fees rising so high.

[BTC_Dragon]

I have a Trezor still sealed in the box, but I admit I'm intimidated in learning how to use it. Is ColdCard easier, or are they equal?

[MusaMohamed]

Does anybody leave a percentage of their BTC on the exchanges, or do you guys store all your BTC in your wallets, etc?

Centralized exchanges give you a wallet too but it is a custodial wallet and centralized exchanges own the wallet private key, not you.

By saying "Store all your BTC in your wallets", contextually you meant it is non-custodial (self-custodial) wallets and you own those wallet private keys.

Reminder: do not keep your money in online accounts

Because of this risk and also risk from trading, that we should not use all capital for trading. Like using 10% of capital for trading to have good risk management, it means we should not store more than 10% of our capital on centralized exchanges.

[thecodebear]

I still have some leftover bitcoin I bought early last year on an exchange.

In terms of the ratio, it's about 1.25% of my total amount of bitcoin.

[Despairo]

My ratio:
0% in exchange.
100% in wallet.

Because exchange is only to trade, not as a place to hold your coins "Not Your Keys Not Your Coins".

I have a Trezor still sealed in the box, but I admit I'm intimidated in learning how to use it. Is ColdCard easier, or are they equal?

Both are equal, you're still using someone else product. It's hard when you create your own cold storage from scratch. But Trezor is better than ColdCard because Trezor is open source while ColdCard isn't.

[Bureau]

Traders would keep funds on exchange whereas holders keep funds in their wallets. The amount won't be disclosed by traders as it is their trade secret whereas holders will keep 100% of their Bitcoin in a noncustodial wallet. It is always recommended to keep Bitcoin in a cold wallet for long-term holding. As cold wallet provides a lot of security as it is not always online.

[suzanne5223]

Does anybody leave a percentage of their BTC on the exchanges, or do you guys store all your BTC in your wallets, etc?

Yes, I leave some percentage of my BTC on exchange for emergency purposes or personal needs which could be loading of cryptocurrency virtual debit card with funds, and quick accumulation based on the opportunity presented by the market.
Meanwhile, the ratio is mostly 1/4 while sometimes it depends on the important is things which I planning to use the crypto for.

[Darker45]

I have different amounts of Bitcoin kept in separate wallets but none on centralized exchanges. So the ratio would be 100% to zero. I don't trade anymore. There's no problem with Bitcoin users who are maintaining certain amounts of Bitcoin on exchanges for as long as they trade. If they aren't, their coins have no business on exchanges. Their funds should be pulled out. They are courting unnecessary risks.

I have a Trezor still sealed in the box, but I admit I'm intimidated in learning how to use it.

What's so intimidating about it? Trezor has all the guides on how to do it. Just make sure you're on their official site. Trezor's Learn page is comprehensive. It's complete from the most basic up to the more technical ones. It's probably more intimidating to make a paper frog than learn how to use your Trezor.

[Ale88]

Does anybody leave a percentage of their BTC on the exchanges, or do you guys store all your BTC in your wallets, etc?

I would never leave a single Satoshi on an exchange. Usually I just leave some shitcoins that I buy hoping to sell them for a decent profit, so since I place a limit order I need to keep them on the exchange but, at the same time, their value is not very high so in case something bad would happen I can take the loss. Of course I don't use any small exchange.

[kryptqnick]

Does anybody leave a percentage of their BTC on the exchanges, or do you guys store all your BTC in your wallets, etc?

I don't use centralized exchanges at all. So I keep 90% in my wallet, and maybe around 10% is on crypto gambling websites. When I need to exchange BTC for fiat, I use local exchanges where you don't store money but send it directly to a specific address when placing an order. This way, I get by without using centralized exchanges. I realize that keeping some funds on gambling websites is similar to keeping them on exchanges, but it's very convenient for gambling, so I'm okay with it. It's not a form of storage to me, it's just some funds that are there for gambling, so it's fine.
Keep in mind that wallets can also be different, and centralized wallets have the same issues as exchanges, so, of course, I assume that by wallets you mean non-custodial wallets.

[KiaKia]

The only Bitcoin I leave on exchange is something I will like to use for trading, I don't like leaving anything on crypto exchanges but due to transaction fee I am now used to leaving some Bitcoin on exchange, not enough to hurt my feelings if anything goes wrong.

I also like looking at mempool to know the exact amount required to send or withdraw some Bitcoin, like yesterday it was just $3 and it's been months that I saw this price range for Bitcoin last, whatever you choose to do always make sure it's worth the transaction fee, either sending or withdrawing off a crypto exchanges.

[God bless u]

Does anybody leave a percentage of their BTC on the exchanges, or do you guys store all your BTC in your wallets, etc?

It totally depends on the situation and requirements. if I have the intention and plans of using Bitcoins in trading or P2P selling. I'll keep them in exchange. if I have intention of storing(hodling) them for long term then I'll transfer them to a safe none custodial wallet.
I also leave my coins in exhange if I had no long term plan of hoding. for example I don't want to trade them instantly but I want to sell them next month or after 2, 3 month then I keep them in exchange too.
I only use Wallet for long term holding.

[SquirrelJulietGarden]

My ratio:
0% in exchange.
100% in wallet.

Because exchange is only to trade, not as a place to hold your coins "Not Your Keys Not Your Coins".

I know it's not safe to store your coins on exchanges but 0%, it is unbelievable.

It's hard to find people who don't trade on exchanges and 0% trading in this market is very rarely to find people like this. Maybe you are different.

Decentralized exchanges can be one of choices for trading without storing coins on exchanges but they are not too convenient.

The only Bitcoin I leave on exchange is something I will like to use for trading, I don't like leaving anything on crypto exchanges but due to transaction fee I am now used to leaving some Bitcoin on exchange, not enough to hurt my feelings if anything goes wrong.

It's only good option now if you receive your bitcoin from signature campaign payment and know that you will need to sell it to stable coin or cash to use. If you know you don't need to touch those coin next like 3 months or 6 months, it's not a good option.

[ajiz138]

100% of all BTC is in a private wallet that I alone have control over, never leaving coins on the exchange unless exchanging and withdrawing them directly.

As many say Not your keys, Not your coins.
Remember that exchanges always have a risk of anything that could freeze your assets at any time, I recommend a private wallet as storage and no gratuity on exchanges.

Just use the exchange naturally, such as trading, exchanging coins etc.

[FatFork]

Does anybody leave a percentage of their BTC on the exchanges, or do you guys store all your BTC in your wallets, etc?

Keeping all your coins on an exchange is kinda asking for trouble.  Exchanges get hacked and stuff gets stolen more often than people realize.  Use exchanges to buy and sell coins when you need, but don't treat them like banks.  Keep most of your holdings in a separate wallet that you control and  that way your nest egg is safer if the exchange goes belly-up. 

Exchanges are handy tools but they aren't meant for storage.  Use a secure wallet for that.  Transfer just what you need to the exchange when it's time to trade.  That's the smart way to go about it.  Minimizes your risks.  Keep the core stash safe in your own wallet that only you control.

I have a Trezor still sealed in the box, but I admit I'm intimidated in learning how to use it. Is ColdCard easier, or are they equal?

Why would you even consider another hardware wallet if you haven't even tried the one you already have? What's stopping you from using your Trezor hardware that you already own right now?

[icalical]

I never keep my BTC on exchange, however I will send my BTC to exchange if I need to cash-out. I used to send my BTC to exchange if I need to make payment using other crypto but currently with the high-fee it's cheaper to buy some crypto with bank card rather than sending my BTC and then swapping it to other crypto.

I think most people in this forum will advice you to not storing your Bitcoin in exchange wallet, and they are not wrong it's very risky, the exchange can just freeze your account or some hacker might stole the exchange fund. Storing your Bitcoin in your own non-custodial wallet is the safest way.

[tabas]

Does anybody leave a percentage of their BTC on the exchanges, or do you guys store all your BTC in your wallets, etc?

When I was still new, I thought that it's okay to keep all my btc's in exchanges. But thanks to the people who have been concerned and endlessly reminding everyone that it's not safe to keep your BTC on exchanges, they've just learned their lessons from the cryptopia and other exchange debacles where most of the BTCs that have been deposited with them have never been returned or if they were, it took time for the retrieval of it. And that from then, I've learned that it's best to keep it on my wallet and that's what I've been doing and passing the info that I've learned from them to the newbies that if you're going to store some money on an exchange, make sure that they're just actually for trading and not for long term holding.