Do you keep Bitcoin on Exchanges and online wallets?

[khan22 3478]

On 10/24/2019 at 2:53 PM, hexwin said:

Simple question and VOTE ☝️:

Do you keep your Bitcoin on Exchanges and online wallets and where?

Do you think it is safe or not?

I keep my Bitcoin in my exchange not on wallet because i do trading on it and any time i can sell that easily and change my BTC to USDT to safe from loss and got the profit when BTC wil come down again i will buy BTC and like this i make good money in a single day.

[jcarlo 206]

22 minutes ago, cryptoalik said:

I keep my Bitcoin on exchanges because I am a regular trader.So I have to use exchange wallet .Even I have also online wallets which is also used by me.But Mainly exchange wallets are used by me.

For traders, it would be more practical to store bitcoin in the wallet exchanger because it can be used at any time trading. But if we plan to save for a long period of time, I think it's safer to store it in a wallet that we hold our private key

[Nicecrypto 543]

I would rather keep.my Bitcoin in my wallet and not exchange unless I intend to trade it. It is too valuable and will not want anything to happen except as I mentioned before, I want to trade it.

[bean 515]

On ‎11‎/‎4‎/‎2019 at 12:22 AM, MyThoughts said:

I don't know exactly which is better, because I don't have such advanced skills in the field of software, program code, etc.

You don't need to have advanced skill in software, programming or anything high level technical knowledge to no what is good for you, if you are a traders and you trade daily with most of your bitcoin you will prefer to keep it on exchanges if you are a holder of bitcoin you will prefer to use online wallet where you have control funds.

[niroblm 141]

I Keep my Bitcoin in wallet untill its price go up. i buy bitcoin when its price go down and hold it in my wallet when price is go up i  sell this

[Deborah Christine 410]

Yup i keep bitcoin on exchange to trade it and i save my bitcoin in online wallet too as a long term investment.

[Naga 1250]

1 hour ago, gregory372 said:

Well, crypto is all about self-responsibility and hence I do not keep more than 10% funds on the web wallets or exchanges. I am using Trezor hardware wallet and another paper wallet too where I hold my 90% of the funds under my control. As we all know that crypto transactions are irreversible, the only way to keep the funds secure is to hold it offline in a secure manner.

Yes  exactly because Having funds in exchange  is like gambling because you keep hoping they won't be targeted by hackers and they are keeping security tight. Don't risk your funds being left on exchange should be the first rule taught to newbies.

[fo1lluko1l 487]

no, I don't keep on exchanges, I keep on my wallet which is installed on my phone, I think exchanges for trading are not safe to store bitcoins.

[flomopeter 135]

On 11/4/2019 at 11:30 AM, dion2566 said:

So that is the purpose why we save it in wallet exchange, but I think there are many who store lots of BTC on the exchange, such as trading players in binance, so many people who have BTC are sure to leave their BTC on the exchange where they trade.

That is why you leave your bitcoin on exchanges, to be able to access it fast for trading, the market can move any time it is better to be prepare and to have to wait for your bitcoin that is in an online wallet before you can start trading.

[bestprofi 372]

1 hour ago, Anushervon said:

I dont think that hold bitcoin on exchanges is good idea. I heard that how hackers still moer then 100 btc from users in bittrex exchange. That is why wallets are more safe

Prefect agree with you. But if you want to take advantage of price increases and decreases you need to have your bitcoins in exchanges because their transfer is slow and there is the possibility of losing the right time.

[flomopeter 135]

17 hours ago, dion2566 said:

I don't think all the bad exchanges from 2017 until now I have never lost my coins on the exchange, instead I lost my coins in an online wallet.

Yeah there are a lot of exchanges that protects the customers funds and they haven't been hack yet, saving your cryptocurrency on exchanges is not a bad idea, just don't hold it there for long.

[sunny1441 1]

Is a bad idea to keep the coins on the exchanger, we can see in the past lot of people losing money doing this and the best example is the MTGOX, millions was gone in that example, but that doesn't mean wallets are the most secure thing. But at least with wallets you can backup the private key, that way if the wallet get fucked you can import the private key from your addy to other wallet and access your coins.

[cryptoboy 35]

I don’t like to store my btc in exchange. Cause I don't feel that it’s safe and secure. But i'm using some online wallet.  

[khan22 3478]

I keep my BTC in exchanges because exchanges will give you good profit when the BTC will make a good move then you will sell that and make profit like that. i am a trader and i am trying to trade on these coins and try to make money through it.

[starwalkerz 164]

I do keep some coins on exchanges and in online wallets. There's a simple reason to making this choice: I tend to spend and trade my coins sometimes, therefore I need to keep some of them on these third party platforms.

[Great Commander 659]

Yes. It is a yood way to keep your money secured as long as you lend it to legit and safe platforms such as binance, coinbase or the blockchain itself. It is a good idea also to trade it to get the profit you want. 

[Corrado25 9442]

6 hours ago, Cryptocryptoc said:

I keep my btc on online wallets, it is safe but cold Walker is recommended for saving huge amount of btc. 

The best option is of course a cool wallet that you can fully control. An online wallet is also a good option if you do not want to install a cold wallet. Exchange is the most dangerous option to store your cryptocurrency. If you put bitcoins on the  exchange then they are no longer yours but exchanges

[Emma 611]

I don't keep my assets in online wallets for long time but i need to keep for short time as i am a trader. at first i judge these sites and then transfer my funds.

[AL SHAIMON 1293]

Yes I keep my bitcoin online. I think it is safe. Basically I keep bitcoin on my coinbase wallet. I think coinbase wallet is safe and most secure that's why I keep my btc there.

[athena98q89 1]

Cold Wallet is more reliable.But cold wallet is not comfortable at this moment when your coin is pump. Its take some time to transfer your coin to exchage if you want to sell it and until it comes to the stock exchange price may already fall. Second not convenience is if you want to hold a lot of different coins in cold wallet you must install wallet for each coin.The only plus of this cool wallet is the safety of coins

[Akash0011 136]

On 10/24/2019 at 3:53 PM, hexwin said:

Simple question and VOTE ☝️:

Do you keep your Bitcoin on Exchanges and online wallets and where?

Do you think it is safe or not?

yes mate i can keep my bitcoin on exchanges and online wallets also.. when i think i can buy some other asset then i deposit my bitcoin on this exchnge... but i especially store my bitcoin on coinbase and blockchain most.. cause i don't believe other exchange and online wallet mate.. i just believe coinbase and blockchain and some most popular exchange mate..

[teminalibug 309]

On 10/24/2019 at 1:28 PM, cuterthing said:

I keep my altcoins on different exchanges like Binance and yobit.You can hold your coins in investbox at yobit too.It is really good 🙂

Yes it is good, but do you think that it is safe to do so. These online wallets and exchanges they have control over your money juts like banks, so if they get hacked you suffer, juts like users of cryptopia.

[dillah 56]

I keep it in both. I always manage my cryptocurrency funds, making it easier for me to trade and invest in cryptocurrency. I prefer hardware wallet than online wallet for long-term asset investment, because the risk of hacking and more secure if I using hardware wallet.

[rchres 414]

Yes, it's safe to used online wallets. I gave you an example the safe wallets. Like coinbase you can also use paypal to exchange your bitcoins to fiat money. Be careful to the other wallet that not convincing no private keys or any security that your wallet is secure. We an assurance in everything we do.

[Sumayya 493]

I put my BTC in my wallet, it is an online wallet, blockchain.com. it is ine of the best as I know. I choose them with no second thought