Post
Topic
Board Altcoin Discussion
Re: Exchange to wallet
by
Mahmudmach
on 17/01/2021, 23:55:31 UTC
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
maybe for security reasons you have to move it to your own wallet, I use my crypto (desktop), although I feel binance exchange is a safe place but we must be vigilant