Re: IS IT SAFE TO STORE BITCOINS AND OTHER COINS ON MY BITTREX ACCOUNT?
I just started trading crypto currency. This is my first time to trade. What I did is just a self study. I read everything about crypto and trading and watch videos on youtube. Some did not makes sense 
One question in my mind is , is it safe to just store my bitcoins and other coins that I bought on BITTREX? I have a blockchain account but the fee when sending and requesting withdrawal is quiet high. So I decided to just store it on bittrex. For the other crypto currency, I only have ETH Wallet.
Thanks for the help.
One question in my mind is , is it safe to just store my bitcoins and other coins that I bought on BITTREX? I have a blockchain account but the fee when sending and requesting withdrawal is quiet high. So I decided to just store it on bittrex. For the other crypto currency, I only have ETH Wallet. Thanks for the help.
The short answer to "is it safe?" is no. You should try to keep funds on exchanges only when actively trading. Due to third party risk (hacks, exit scams, etc) it is much safer to hold your coins on local wallets which you control. For BTC, I recommend Electrum desktop wallet over Blockchain.info; you can manually set fees. You should check current network fees first (https://bitcoinfees.21.co) but usually, you can send a transaction for 5-20 satoshis/byte and get confirmed relatively quickly.
If you do keep coins on Bittrex, make sure to use 2-factor authentication. Bittrex accounts are a big target for hackers, so secure your account like you would a bank account (at least).