If you want to trade coins/tokens is better to save in exchanges. My suggest don't keep your assets in an exchange for long term. Because recently many exchange have been hack. And if you want to invest, i suggest to save in the wallet.

If you want to save your coins or tokens in an exchange, save it in a big exchange because they can be trusted.
Recently, the Bithumb exchange were hacked and $30 million worth were stolen but as I read in the news, they promise to reimburse the owners
so that is still a good news.