Post
Topic
Board Trading Discussion
Re: When margin trading; Keep your coins on exchange overnight, or withdraw?
by
peter0425
on 09/10/2018, 08:17:44 UTC
Hi,
I'm attempting some margin trading on an exchange for a few days, I'm wandering what the best practice is when you decide to go to bed.
Should you leave the coins on the exchange, or pay the fees to withdraw to an external wallet and then move them back in the morning?
Thanks.
The best practice is not to leave your coins in an exchange, specially if its a big amount. Prevention is better than cure so my advise is to take your money out so that you will have a good night sleep. Chances are, if the exchange is hack then you are still safe because you still have your money in you wallet otherwise your money is gone for good, just saying.