Post
Topic
Board Altcoin Discussion
Re: Wallet Vs Exchange
by
passwordnow
on 26/01/2018, 04:16:33 UTC
If you're planning on holding certain altcoins for a longer period of time, it's advised to keep them in a secure desktop or hardware wallet.
You're always running the risk that the exchange gets hacked or that they'll disappear with your coins.
Never put that amount in binance 100,000 TRX is worth 0.617 BTC's currently. Missing the waves of moving with every single sats with that volume of coin is a big loss if ever a trader will have time of transferring it. But that's not a problem if your security, I mean your funds security is at risk. Better to experience the hassle and take time to effort when sending your TRX to binance just for selling. But if that amount to you is acceptable to lose when something happens, it's up to you.