Post
Topic
Board Beginners & Help
Re: Wallet vs Exchange
by
odolvlobo
on 01/07/2017, 16:31:56 UTC
my question is, how much coins you keep in wallet and how much on exchanges?
Is it like 50/50 or more like 90/10?

I can think of only one benefit of storing your coins on an exchange over storing them in your own wallet:
  • Convenience for trading.

Many people believe that storing them on an exchange is more convenient than storing them in your own wallet, but that is not true. Just try a wallet like airbitz and see for yourself.

If you aren't trading, then storing your bitcoins on an exchange is a bad idea. There are no advantages and many disadvantages.