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Do you keep Bitcoin on Exchanges and online wallets?

Do you keep Bitcoin on Exchanges and online wallets?  

583 members have voted

  1. 1. Do you keep Bitcoin on Exchanges and online wallets?

    • YES
      453
    • NO
      109
    • I don't know
      21


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Yes, I usually keep my cryptocurrencies on wallets and exchanges and platforms, and I had no problem with that or lost my currencies.


THINK POSITIVE

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Yes i keep bitcoin on online wallets even its only worth of few. I also hope to incrwase more bitcoins to earn from what i keep on my wallet.

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I'd rather tell store my bitcoins on a secure wallet, because wallets and exchanges may be exposed for penetration by a hacker that means you know my money at risk

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Yes I prefer to keep on online wallets not on exchanges. Because online wallets are dedicated for just storage of funds & they charge a small fee. Another reason is that most exchanges demand kyc but online wallets don't do so.

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12 hours ago, badhonkhan said:

Bro I am a fan of LTC and the online wallet and yes  I keep some BTC on exchanges and online wallets, because sometimes I need to sell it very fast...

That is not recommended you should only keep your coins in your wallet that is the safe place to put your coin in.

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I keep my bitcoin in exchanges wallets and in online wallets also because for trade purposes we need our funds must be in exchange wallet and for long term investment we can store our funds in online wallets. 

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On 1/25/2020 at 8:10 PM, Crypto555 said:

No, that is a very big mistake to make because you can easily lose all of your funds. Even if the exchange is very safe, it can anytime be hacked by hackers who are going to steal funds from wallets 

The problem is not that the exchange is not safe because almost all exchanges have the same safety level. The problem is that a hacker can steal money from almost any website 

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I use exchangers maximum time. But don't store my funds on them. Because i saw many exchangers got hacked. That's why i don't beleive on it. I always use exchangers to convert my funds. But i use online wallets to hold my funds.


 

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1 hour ago, Batoul al eman said:

As for me, I'm not going to keep Bitcoin on wallets and online exchanges, I'm going to save it to my own wallet

You say keep it in your own wallet, is that what you mean, your own wallet. Because you said you wouldn't keep it in your wallet, do you mean an exchange wallet?

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Yobit exchange is the  only exchange where I keep my earned bitcoins from this great site cryptotalk and mostly I keep my coins in my blockchain wallet..

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Welcome with me
I have multiple wallets for multiple cryptocurrencies, which have small crypto balances
Keep the Bitcoin that you earned from Cryptotalk on the deposit account in the Yobit platform, waiting for a large sum to be transferred to the wallet.

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Yes, I keep some bitcoin in my wallet but not on the platform I think the wallet will be safe anyway it is not a large amount

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I store my coins in a new online wallet, I don’t know if it safe or not. In the near future I’m willing to buy a hardware wallet to store my coins.

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All traders leave some bitcoins in exchange platforms, and that is normal because they do this for the purpose of trading. We also have some decentralized platforms, but their liquidity is still low and may take a long time to spread between people.

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6 minutes ago, Crypto84 said:

No, that is a very big mistake to make because you can easily lose all of your funds. Even if the exchange is very safe, it can anytime be hacked by hackers who are going to steal funds from wallets

So you suggest saving where? I don't think the hackers can track who has a large balance on an exchanger. but it was our carelessness that made them succeed in hacking our wallet. could be because we carelessly opened the link.

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2 hours ago, Abuyaman said:

buying and selling with the cash i maintain them inside the exchanges wallets however every time i determine to maintain for a long time i circulate them to my hardware wallet

Yes, this is the right way to work. Putting money and big money in the platforms is always a dangerous option because you can be exposed to spam at any moment and your money is taken.

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I keep bitcoin on exchanges but only in small amounts. Because sometimes I notice a good coin I want to buy fast and thats why I keep some bitcoin in my exchange account, to save some time

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Only fools Keep their coins (btc/altcoins) on exchanges due to the high risk of loosing everything in a wink time so don't be a fool also. 

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Хм, очень интересная статья, мне кажется что можно запустить бота на Б и он будет сам трейдить, это вить легко так же как обыфусцировать код, но нужно еще подумать над этим.

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On 10/24/2019 at 5:53 PM, hexwin said:

Do you think it is safe or not?

It's definitely less secure than having a generated wallet with private key, but it's more convenient to use. Though on seriously large amounts of coins, it would be much better to keep it in offline generated wallets. If possible, even on an air-gapped device.

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i would like to keep my Bitcoin in wallet. i think it is more safe than store my Bitcoin in any exchanger wallet. if there have no use of my Bitcoin. because in past we heard many new of hacking exchanger.

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Yes ,My capital is small.I am also use yobit and the yobit is help me to strr ny bitcoin.It is highly secure and save.i store my bit con there and sell this and earn money by convert these currency to my national currency.

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Your bitcoins should not be stored on platforms or online wallets because they are at risk from being hacked, stolen, closed or blocked by the platform, so you only have to keep a certain amount you are trading in.

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To protect yourself from cyber-attacks, it’s advisable to store all your coins in a hardware wallet. Only leave the ones you’re using to trade on the exchange.

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