You might’ve seen several posts explaining why keeping your coins in a wallet is the best way to hodl. This is true, if you have a significant amounts of a particular coin because then you will be able to cover the expenses of transfer fees which vary from coin to coin.But with the rise of newcomers, not everyone can afford to buy large numbers of coins. And while you might be tempted to take your coins off an exchange, think about the amount you will spend for fees. For example the average fees for moving out ETH is 0.02 ETH (~$35) sometimes this is the amount most people have. Similar example can be applied to other coins as well.Another point is that exchanges are not un-secure anymore. They will store coins with high security measures. And you should enable things like 2FA to keep your account even more secure. So don’t worry about your coins being in danger.If someone has any other suggestions please let us know.
Submitted March 04, 2021 at 11:31AM
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