Hi,
I have my ZIL and ETH in Binance exchange.
Read somewhere that I should never keep my crypto solely on exchange.
Do I need (should) keep the cryptos in other wallet like MTW or MyCrypto? Will my balance on exchange become zero if I move? I am not sure about the procedure of that.
Would be thankful if someone guides on this.
Kind regards,
Rizwan
Simple when you move your money from one place to another, the money will move to the new wallet. My suggestion to people that have small accounts is that they can afford to put their money on exchange for now until they grow their account and if you are a trader there is no need to be moving your money up and down, let it be on exchange but if you are thinking long term move your Crypto tokens to your wallet