Post
Topic
Board Altcoin Discussion
Re: Storing Altcoins
by
Samarkand
on 05/10/2017, 17:43:34 UTC
Where can I store my altcoins? I was thinking of buying and trading some altcoins, but can I just store them in like for example bittrex? Or should I download the altcoins individual wallet?

The answer depends on the amount of altcoins that you want to store, the percentage the
altcoin stash is compared to your overall wealth and your risk tolerance.
In general, it is not recommended to keep coins on exchanges
due to increased counterparty risk.

After all, being able to store your own wealth is one of the major
benefits of cryptocurrencies.