Hi,

I've just bought my first BTC with Binance. Just a small amount. I intend to buy about £10-£15 a week, then when I see big drops in the rate I'll buy larger one off sums.

My question to any others buying the same smaller amounts, do you wait until you hit a self decided amount (say £50) then withdraw to cold storage? I'm mindful of multiple fees from transferring it after every small purchase on the exchange. I know its a risk leaving money on the exchange but I figure risk of loss up to £50 with a reputable exchange like Binance is acceptable to save on transfer fees.

Any differing opinions on this from your traders / HODLers?

Many thanks