Quote from: pooya87 on Today at 05:49:08 AM

Quote from: SpenserReed on Today at 04:16:20 AM

If you plan to sell or exchange your coins over the next few years, experience shows that storing coins in a cryptocurrency exchange account is no different from storing them in a wallet. And in many ways it's even more convenient.

Wrong.
Only if you own shitcoins that you want to sell in the next few hours to days it makes sense to store them on the exchange so that you can act quickly considering how shitcoins pump and dump very quickly.
Otherwise if you own bitcoin and you want to keep it for years it makes no sense to store it on exchanges, they may not even exist in a couple of months let alone be around in years!

Exactly, Exchanges are for exchanging and their wallets which they provide to us
their customers should be used on a temporary basis.

"Convienient" how inconvienient is it to transfer coins which you want to exchange
from a hardware or smartphone wallet to the exchange?

@OP - for the sake of around $100 you can store your coin on a hardware wallet and
be at ease in the knowledge that your coin is secure and YOU control access to it at all times.

I understand the allure of earning interest but at least know the risk involved.