Post
Topic
Board Altcoin Discussion
Re: Exchange or Wallet?
by
Odik_sidik_04
on 08/04/2018, 03:35:13 UTC
I have a question.

What is better? To keep your coins on some Exchange site or to open wallets for each coin?

I would like to hear some advice.  What are pros & cons of each option?

Thanks

The best practice is to keep only those funds on the exchange that you want to day trade or hold on mid-term. For other assets and long-term investments are better to use cold wallets.
yes, I really agree with you, if we have coins or short or medium term investments, can save funds or coins by exchange for trade or also temporarily stored in a wallet, if you already have a wallet. but for the long term, we must keep the funds or coins in the wallet itself, if it does not exist then must create an account to minimize the crime of theft of coins.