Post
Topic
Board Bitcoin Discussion
Re: Leave Bitcoin in Exchange?
by
Gintama214
on 28/09/2017, 03:04:50 UTC
Some people says that the wrost thing to do is leave your bitcoins in some exchange.
I have 200 usd of btcs in Payeer, it is a online wallet but it also has a exchange.

Do you recommend to me to move this bitcoin to a wallet like Electrum?

I would recommend on moving it because you might loss all of your $200 in an instant if you don't think about the risks of it. If I were you, I would move it into my wallet and leave some couple dollars in for investment and move most of it in your account because the risks of that is really high because you have a lot of money in an exchange site and sometimes when they do maintenance they will steal your money and in an instant when they finish their maintenance your money is gone. You should always think about the safety of your bitcoin before earning that the number 1 rule in my opinion.