Hello,
For buy and sell coins and token, a wallet is better or an exchange? Which one is cost effective?
Thank you.
I am also new in crypto trading, but I prefer using exchange to buy coin so as to avoid unnecessary transaction fee in the name of sending the coin from wallet to exchange, also to avoid some mistakes and transaction error while sending and receiving token from wallet to exchange.
For buying and selling option its really good to store your balance on exchange since we might miss some good opportunities to enter if we are storing our funds on our personal wallet but we need to choose always the best exchange for this knowing that hacking is rampant and we should be more aware about phising since this attack exist even know. But eventhough how trusted the exchange is we also need to withdraw whatever profit we get so that we can secure our capital little by little and take it out on exchange and lessen the risk of losing everything if hacking occurs.