Hi , if you are trading daily you need to keep your coin at exchanges. If you are planning for long term keep your coin on to his own wallet for security purposes. Because keeping your coin in exchanges has a risk,that exchanger might gone someday and all your coins will be taken away so be careful. If you had a offline hard wallet its the safest way on keeping your coins. I personaly keep the 75% of my coin his wallet ,while the 25% are on trading sites.

If you want to hold it just keep it in a wallet. But not all wallets support every cryptocurrency. Like Waves for example operates on its own blockchain. So in order to receive Waves, you need to send it specifically to a Waves wallet.

Pro's for keeping your balance to an exchange.

- Fast, you can trade it immediately.
- No transfer fees.
- No delay.

Con's

- The exchange can be compromised together with your balance, that's all.

Pro's for keeping your balance to a wallet for each coin.

- You have the private key and your coins are safe so it's impossible to be hacked unless you will be a victim for a phishing link.


Con's

- You need to pay fees when you will transfer it to an exchange.

if you want to be in possession of your coins use a wallet , if you use an exchange then you are relying in a third party who gives you no warranty in case of loss or hack

Its depends on you what is much better to you. But for keeping your coin in exchange is much greater than transfer it to wallet because you have chance to gain profit constantly when you are in exchange.

You don't put big balance to an exchange or any web wallet that's good for that certain coin.

I would advice that buy your own hardware wallet where it supports those altcoins that you have and just transfer it when you are about to trade.

I suggest to keep it in your private wallet, because it will be safer. recent market bitgrail has lost 16 million nano in their market, for that I advice keep in store in your own wallet because it is more secure.

Most of the exchanges have account verification steps and I think it is quite secure. However, I think we should keep the money in our purse. It is not easily stolen or hacked. But it is extremely handy when you are dealing with multiple exchanges. Besides, just keep your password so access to your wallet is not possible without your permission.

there are some benefits and risks among those two first when you put your funds on exchanges you can easily buy coins or tokens that is pumping and do buy and selling but the risks of it we dont know that exchanger will go disappear, on the wallet side your funds is secured but not all the time because there are so many phishing site right now to be cared of.

It depends on what did you do, trading or hold? If you are going to trade you must put on exchanged. Actually my coin is in the wallet it's because I planning to hold them for the long term and save for the future.