Hello all,
Hereby a newbie question (again)
I have coins on Kraken and Bittrex and would like to know if it is 'safe' to keep them there before/after the 1 august date as well.
I did read that cold storage and paper storage are the best, but what if i keep my coins and fiat on those exchanges so i can more easily buy/sell during fluctuations?
How would you keep the coins secure yet flexible to move around?
Thank you
Hey! Just be aware that while they are on Poloniex you don't actually have Bitcoin. You have a promise by Poloniex to give Bitcoin to you, when you ask. They might be better than you and keeping them safe. So evaluate the risks and decide for yourself, Bitcoin is all about the power to decide and the responsibility to decide well. Hope that helps!