Crypto Exchanges Vs. Crypto Wallets: What Do You Use More?

[Nomad]

Even though I use crypto wallets to send, receive, and hold my crypto assets, I use crypto exchanges more than wallets. One of the reasons why I use exchanges more than wallets is exchanges offer passive methods of earning, for instance, I can stake my assets as well as earn rewards through reward pool. What about you, do you use crypto exchanges more or crypto wallet more?

 

[Shoaib5600]

I don’t use anything personally, but generally, crypto exchanges are primarily used for buying, selling, and trading cryptocurrencies, often providing convenience and liquidity. Crypto wallets, on the other hand, offer secure storage and full control over one's private keys, making them better for long-term holding and security. People tend to use exchanges for transactions and wallets for safekeeping assets.