Keep your bitcoin and ethereum on Exchange platform.

[Thosynho]

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.

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 concur with your opinion here. It is better to keep your bitcoins and Ethereum I your crypto wallet especially if it's small. These two coins are really growing very fast. I could not imagine they could ride this fast.

 

[WhiteHouse]

Yes, holding your crytpocurrencies in your wallet is a very sound Investment idea, bitcoin, Etherum and other Cryptocurrencies have been increasing on value steadily for a while now, so why not leave it on there so your Cryptocurrencies can appreciate more?

 

[ahmedo24]

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.

You should know very well that any day anytime that reputable Exchange platforms are far better than wallets that don't support withdrawal to your local currency because you will eventually resort to fiat Currency withdrawal anytime.

 

[Ehizzy1]

Yeah I think this should be greatly considered because of the rate at which the transaction fees is increasing greatly , and i would recommend you make use of wallet like coinbase , I think they would be best because you could send coin to anyone without fee

 

[Mahnoor]

To accommodate those looking to safely invest in Bitcoin, we have assembled a list of the best Bitcoin wallets and storage devices. Some of these wallets have more features than others, including the ability to store more cryptocurrencies than just Bitcoin, as well as added security measures. This list goes in no particular order other than having hot wallets come first, but that does not mean hot wallets are better. To learn about the differences in specific wallet types, such as hot and cold wallets, you can check below this list for detailed information.

For now, you can think of hot wallets as a less secure way to make transactions quickly and cold wallets as a more secure way to store for longer terms, though we do recommend that you understand these concepts entirely before choosing a wallet, as safe storage is key.

 

[Junaid]

Coinbase: Best Overall But, Coinbase does allow users to hold cryptocurrency traded on its platform. Coinbase is one of the easiest ways to buy, sell, and hold cryptocurrencies. With Coinbase, you can connect to a U.S. bank account and easily transfer dollars in or out of your Coinbase investing and trading account.

 

[Bookwormlux]

You are right, moving your coins from one exchange platforms to another would lead to you losing almost everything. I only trade whenever I want to withdraw my money to fiat. Then the money would have been enough for me to bear the charges.

 

[Veetos12]

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 have been keeping my bitcoin which is worth 10 dollars on luno since I cannot withdraw it to any bank in my country. The value has been increasing really high against the dollar value in the market. However, since you advised us to keep our bitcoin, may be i will buy more to the one I have in my luno wallet.

 

[Olaoluwa Abraham Abiodun]

This is a good topic. A good topic is one that is captures the readers interest and it is usually very clear and concise. I am hoping that I will learn more from this topic when I read other comments in this thread. Thank you for opening this good topic for me to learn more about it

 

[Victor001]

That's the best thing to do my 15$ I randomly saved in my binance account have actually increase by 70 percent, had I know I would have put much,not relenting effort after I heard about Jack Dorsey investing in Bitcoin,I had no choice than to step on it.

 

[ahmedo24]

That's the best thing to do my 15$ I randomly saved in my binance account have actually increase by 70 percent, had I know I would have put much,not relenting effort after I heard about Jack Dorsey investing in Bitcoin,I had no choice than to step on it.

Stanley Morgan is the latest I heard and if Dorsey is also planning to invest too then soonest the price will Jack as predicted by many . Let keep watching as things unfold in the Crypto currency market.

 

[Eodine]

The small token I got recently couldn't be withdrawn from my wallet to my local bank because of the ban on crypto currency and by the beginning of this week the token had already multiplied

 

[Caali]

The decision fully depends on you, your knowledge of cryptocurrencies, and your beliefs in their technology. Crypto market is very volatile and unpredictable, so don’t believe people who affirm that the price of a certain coin will definitely increase or fall. Nobody knows that.

 

[Erik4150]

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. Holding these coins for now is the best option because it has the potential to increase in price. But you still need to know when is the right time to sell it because you simply cannot hold it forever.

 

[FreshKaz11]

Of

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.

Of course you are right I guess,because the more longer it stay thee more it could appreciate when the price get high in the market ,you could also gain from that as well. So is a very nice idea to keep them since the exchange rate is too much and if we get more we could add it to it so by the time we going to need it by then it would have appreciated more and we could gain more profit .

 

[Blessedsam60]

Thanks a million times for this. I bought a 10000 naira worth of binance and within one week it has grown up to times two of my initial money. Crytocurrency movement is massive and will continue to increase. Digital currency is the assured way.

 

[Erik4150]

The small token I got recently couldn't be withdrawn from my wallet to my local bank because of the ban on crypto currency and by the beginning of this week the token had already multiplied

You can bypass the ban on cryptocurrency and withdraw your money to your local bank by using binance peer to peer transaction. You can sell your token to another binance user through escrow and get your money fast.

 

[ahmedo24]

Thanks a million times for this. I bought a 10000 naira worth of binance and within one week it has grown up to times two of my initial money. Crytocurrency movement is massive and will continue to increase. Digital currency is the assured way.

If you had bought this Binance coin in last three weeks your investment should have been multiply by 3 or 4 now , it is the fastest growing coin at the moment , it is still not late to invest in it now.

 

[Eodine]

You can bypass the ban on cryptocurrency and withdraw your money to your local bank by using binance peer to peer transaction. You can sell your token to another binance user through escrow and get your money fast.

Thank you for the advice boss. I have gotten an information about wallet providers using peer to peer payment and deposit now but I don't know why I can't seem to get an account ready on binance.

 

[Ub40]

You are very correct in your analysis. The fees in transferring those coins are really very high. I think only investors with huge capital can manage this fees. Small investors may only buy and hold. Thanks for sharing.