Bitcointalk Mobile Browser presented by IRLBTC™

It sums up by long term or short term. If you are going to hold it for long term and in huge balance, it's wiser to put it in a dedicated wallet. If you are to deal with small amount and you trade often, trusted exchanges can be the best and suitable wallet.

ou better keep your coins in your wallet. Once the trading platform is hacked, say goodbye to your favorite coins. Even though your coin in exchange is quite profitable too, let's say the price of the coin suddenly rises, you can easily exchange it. By saving it in your wallet. Some exchanges have their own features that can help you earn a number of advantages such as borrowing in a pattern. But holding on to the exchange always has a small risk.

You do not control the private keys of the wallet in an exchange, hence the wallets doesnt belong to you. You are at the mercy of exchanges if one day it closed down and run away with your money. Another cons is whenever there is airdrop or fork, it depend on the exchange whether to give you the free coins or not.

The wallet is suitable for coins that you plan to keep for a long time. From the purses I prefer MyEtherWallet. If you often trade, it is better to keep on several exchanges with two-factor identification.

If you have many tokens or alts, do not put all of them into exchange wallet because you have potential possibility to lose them. I suggest you put them into wallet and keep your private keys. Also, anything may be hacked, so make sure take care of your BTC and alts.

Saving in exchange is very risky. If you want to save on an exchange, better keep it on a reputable exchange but you should still review it every day to keep funds safe there.

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

in my opinion local exchange better than wallet and another exchange
because if you lose about 2fa, email, password or anything you can come to official office

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

On the one hand it is difficult to have 20 different purses for different coins on one computer, on the other hand it is very risky to keep your assets on the exchange. Therefore, I keep my assets in several coins and they are kept in my purses.

My opinion is unambiguous - to keep only those coins that you plan to use for speculation with a profit earning. Here, for example, I started the Utrust(UTK)https://coinmarketcap.com/currencies/utrust/ just as much as I plan to sell on the PUMP. The rest is waiting for their time on the "cold"

If good exchange i use to wallet.( Binance etc.) but if not good or not secury exchange I take it my wallet nano s

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 both are good, but I prefer you to use Exchanges because you can control it easy and save your tokens/coins.

Do not store coins on the exchange. It is very dangerous. I think it's much safer to keep coins in your wallet. Coins do not belong to you, if you keep them on the stock exchange.

Always keep control of your privatekeys, if you have bitcoin on an exchange you don't really own them.

It is safest to keep all your coins in your wallet, exchanges in our time can be hacked and steal your coins from the exchange account.

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 that there is nothing to compare. obviously - wallets, if you value your money!

If it's a decent amount, always keep in a wallet.

If it's just scraps or coins you want to trade frequently, then a good exchange probably
would be okay. But even then, if a decent amount I would never keep them on an exchange too long.

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

both have their respective advantages but also have their respective deficiencies, for example if we use the wallet all the controls are on us privacy is also very awake but the weakness is the security that I think is still lacking because there are many cases terbobolnya wallet and this shows that the wallet personal still very vulnerable to theft but even so I still choose the wallet

Keep coins on the exchange is very dangerous. The exchanges are often exposed to hacker attacks. This increases the chances that you can lose money. I recommend that you keep coins on a hardware Wallet.

If you are trading the coins daily, keep on the exchange. If you are holding, keep them in a wallet. This lowers your risk of hacking significantly.

I would keep my coins on private wallet because this is safe way even on exchange are safe but not 100% safe.

Page 65

Viewing Page: 66