Post
Topic
Board Altcoin Discussion
Re: ETH Merge & Where Keep the Coins?
by
spiker777
on 10/09/2022, 17:57:49 UTC
Hi All. As most of you know ETH is moving from POW to POS. Due to this some there could be a fork and a new coin may come up.

Based on the above is it good to keep ETH on own wallet and claim the new coin by our own is better or keeping ETH in exchanges like Binance which says that they will support the merge is better?

Please consider technical difficulty and GAS fee on moving coins here and there.

Thanks in advance
it is always better to keep your money in your own wallet of which you have the private key or seed phrase. I would never trust any exchange with large amount of assest.. exchanges are only good to keep the money which are in your use like for trading etc.
but if you think the claiming process might be dificult for you and you don't want to do that then you can use an exchange. but it is better to immdetiately withdraw your fund from exchange .