Post
Topic
Board Trading Discussion
Re: Can you suggest a better way??
by
jostorres
on 05/08/2017, 04:42:49 UTC
The market is falling is it the affect of the upcoming segwit? Or just a normal move in the market in which is the up and down of the price?? Is it ok to hold bitcoins in the exchanger? Can you help me???
Its ok to hold bitcoins in the exchange itself but we must also see whether that exchange supports BCC and will issue new BCC coins as per the amount of BTC or not.Otherwise,the same situation would happen to investors like investors who held their bitcoins in kraken exchange and now abusing it for not giving BCC coins.But kraken had already said that they would not support BCC.

Storing your coins in exchanges is a risky thing. Dont you heard the news about btc-e? or other exchanges that had an issue recently? Your money cant be refund to you once it lost in the exchange? Better way to treat exchanges as itself, use it only as trading site not a wallet. Then after you done trading transfer it to your wallet that holds your private key.
I second your thought. Currently no exchange is safe for storing your precious coins especially bitcoins which are quite expensive at the moment. Even after the news about security problems of the exchanges, it would be a silly mistake to save coins there. The best option is to store them in the wallets.