Keep your bitcoin and ethereum on Exchange platform.

[ahmedo24]

Bitcoin and Ethereum are fast growing coins at the moment but the transaction fee for these coins is not favourable especially to many small Investors. The best in my opinion is for you to hold these coins on Exchange platforms because they have very little to no transactions or swapping fee.

 

[Suba]

Bitcoin and Ethereum are fast growing coins at the moment but the transaction fee for these coins is not favourable especially to many small Investors. The best in my opinion is for you to hold these coins on Exchange platforms because they have very little to no transactions or swapping fee.

Yeah you are right, we should store some Bitcoin and Ethereum on the exchange, because in general exchanges charge a small swap fee, so that we can take short-term profit every time there is a price change, Most crypto wallets charge high swap fees, because I want to swap Bitcoin to USDT for $ 300 with a swap fee of $ 65.
of course we will find it difficult to take short-term profits.

 

[Damscooguns73]

Concerning an individual keeping bitcoin and ethereum on exchange platforms. Well, I believe we are know that the transaction fee or gas fee for the two leading cryptocurrencies which are bitcoin and ethereum are very high, so it is advisable to keep some of the coins because they are fast rising

 

[Setfragil]

As it is good to keep bitcoins and ethereum, one should also be careful on the platform in which they're being stored with so many stray hackers all around. I prefer to keep or store my cryptocurrencies on wallets that I have access to the private keys. If I want to keep cryptocurrency for a long time I don't use exchange platforms due to inability of not having access to my private keys.

 

[Akinwale701]

Bitcoin and Ethereum are fast growing coins at the moment but the transaction fee for these coins is not favourable especially to many small Investors. The best in my opinion is for you to hold these coins on Exchange platforms because they have very little to no transactions or swapping fee.

It is a very good idea to keep one's cryptocurrency when one needs to but it is not advisable for all the cryptocurrency all the time.. Imagine the time when the price of bitcoin dropped significantly to some extent and everyone almost lost everything

 

[Olubayo12]

Bitcoin and Ethereum are fast growing coins at the moment but the transaction fee for these coins is not favourable especially to many small Investors. The best in my opinion is for you to hold these coins on Exchange platforms because they have very little to no transactions or swapping fee.

that is a very good idea. one has to be careful of all these exchange sites.. I have wondered why there seems to be a growing number of the so-called exchange sites these days, not all of them are safe and secure, more reason I don't get to use many of them

 

[Irfanali]

It is important to note here that holding cryptocurrency in an exchange wallet is not the same as keeping it in your personal wallet. Exchange wallet provided by TAO Exchange Exchange account The user of this wallet type does not have the private key of the cryptocurrency placed in this vault.

 

[Waqarhussain]

Your cryptocurrency is only as safe as the method you use to store it. Exchanges are considered the least secure venue to store cryptocurrency, while offline wallets are the safest. But there's a trade-off between the ease of entering and exiting positions and the security of your holdings

 

[Hasan Raza]

Concerning an individual keeping bitcoin and ethereum on trade stages. All things considered, I accept we are realize that the exchange charge or gas expense for the two driving digital forms of money which are bitcoin and ethereum are high, so it is prudent to keep a portion of the coins since they are quick rising

 

[Nicklas22]

There's sense in what you wrote but you are neglecting the volatility of these coins
This is the reason why cryptocurrency is risky to invest in, keeping your coin in a wallet is safe but what about if the rate drops, then the amount you're running from because of charges will be far lesser than what you will lose

 

[Ralphjoe]

Bitcoin and Ethereum are fast growing coins at the moment but the transaction fee for these coins is not favourable especially to many small Investors. The best in my opinion is for you to hold these coins on Exchange platforms because they have very little to no transactions or swapping fee.

Well this is a wonderful and white feel that most of his coins should be saved instead of outright sales of the coins. The fact is that I have not been able to save any of this coins and this has been giving me some sleepless night, I have very low risk tolerant syndrome that is why I've not been able to save any of the cryptocurrencies restore

 

[ahmedo24]

It is a very good idea to keep one's cryptocurrency when one needs to but it is not advisable for all the cryptocurrency all the time.. Imagine the time when the price of bitcoin dropped significantly to some extent and everyone almost lost everything

You can split them into different Crypto currencies either you have some percentage as ethereum, another percent as bitcoin and also some other coins but been that these two coins are of higher transaction fee they are best friends kept in the exchange platforms.

 

[Erik4150]

There are ways to reduce the transaction fee. I avoid sending bitcoin every time. Sometimes I use binance peer to peer transactions to buy and sell my bitcoin. I can easily swap it for usdt and pay less transaction fee.

 

[Aniwhyte]

This is a very good advise, I'm glad to hear this. I intends swapping my etherum for doge coin but with this advise I would like be leaving it there, etherum seems to be appreciating massively. Same goes for bit coin they are both doing relatively well.

 

[Michaellee]

Bitcoin and Ethereum are fast growing coins at the moment but the transaction fee for these coins is not favourable especially to many small Investors. The best in my opinion is for you to hold these coins on Exchange platforms because they have very little to no transactions or swapping fee.

I agree with you, there is point on trasfering your coin from one place to another . it is safe on the platform , they also have there wallet and it trusted. Right now I use roqqu and it's a very fast and effective app. There rates are good and there fees is affordable

 

[ahmedo24]

I agree with you, there is point on trasfering your coin from one place to another . it is safe on the platform , they also have there wallet and it trusted. Right now I use roqqu and it's a very fast and effective app. There rates are good and there fees is affordable

The exchange make use of cold wallet to store most of their coins to avoid hacking and stealing of their assets and you can easily swap to your fiat currency on Exchange platforms unlike most wallets that doesn't support P2P.

 

[Romirex]

Bitcoin and Ethereum are fast growing coins at the moment but the transaction fee for these coins is not favourable especially to many small Investors. The best in my opinion is for you to hold these coins on Exchange platforms because they have very little to no transactions or swapping fee.

I would have totally approve this your opinion if you had stated the disadvantages of keeping our coins with these exchange app but you didn't do that so , I can partly approve it because everything has its own advantages and disadvantages. Though I still reason with you in the network fee aspect, yes they charge very low for transaction unlike those wallets that are meant for storing coin only.

 

[Zevin]

I think a better way to use your bitcoin and ethereum is to hold them in interest bearing accounts like nexo or blockchain. I have not done this myself because I have a small amount of bitcoin and ether asset on my coinbase wallet. Coinbase does not have an interest feature. If I want to earn interest, I will have to transfer to nexo or blockchain. And the transfer charges ar every high.

 

[Tundeoguns1]

Keep your Bitcoin and Ethereum in a exchange platform. That's a very interesting question. Concerning an individual keeping bitcoin and ethereum on exchange platforms. Well, I believe we are know that the transaction fee or gas fee for the two leading cryptocurrencies which are bitcoin and ethereum are very high, so it is advisable to keep some of the coins because they are fast rising.

 

[Nurudeen]

That's just the best thing for now. The transaction fee on ea h crypto currency is just too much most especially for Ethereum. As an investor In this market you can just hold your coins and let it grow to make good amount of money from it at the end of the day