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.
It really depends on how much coins are you going to store on your Bittrex account. Experienced members here all spoken that its not really safe to store big amounts of bitcoins, on those exchanges because if they are hacked, you may say bye-bye to your coins. You can scour the internet and you will see countless traders who have lost hundreds or even millions of dollars because their coins is just sitting on it and when they are hacked, the coins are lost forever.
And one thing I learn as well is that if you don't have control of your private keys, then its not your coins. So I think the best option is to just put enough coins just for your trading then moved in to a safe wallet like Electrum or a Hardware wallet like Trezor.