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
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
if we think about the security on binance exchange, personally i have no doubt this exchange
so, i suggest you to keep your zil and ethereum in binance exchange my friend
because if you move it to wallet, you need a good amount of fees when you want to transfer your coins back to exchange
But its not recommended to save your assets in exchange for a long time, maybe some problem will come when u do it, like rule change or delisted coins, etc.
Isnt it safer to save it in your own wallet?
