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[crypworld]

Some crypto exchanges have an option for Trading Balance.

When we need to trade crypto, we first transfer them from the main balance to the Trading Balance. At times, I forget to transfer the balance crypto, if there are any after trading back to the main balance.

So it is safe to keep those crypto on the trading balance? Has anyone faced any problems because of that?

 

[aryan4]

No matter what balance it stays in, your money is in the stock market, after all.
I guess nothing changes.

 

[BullyMaguire]

Yeah it's safe.. it's okay you can just transfer your balance on main when you wanted to withdraw. I think it's more convenient if you're doing fast trades

 

[AudraMiller]

Some crypto exchanges have an option for Trading Balance.

When we need to trade crypto, we first transfer them from the main balance to the Trading Balance. At times, I forget to transfer the balance crypto, if there are any after trading back to the main balance.

So it is safe to keep those crypto on the trading balance? Has anyone faced any problems because of that?

I think that it is safe if you are using it on a reliable exchange platform however if there is a platform that has been known to have concerns in their users and the security then it is best to rather move it off into a wallet.

 

[Acrosin]

I don't think anything can happen to the crypto in your crypto exchange. You just have to hope that the price doesn't get reduced to avoid running losses.

 

[AudraMiller]

I don't think anything can happen to the crypto in your crypto exchange. You just have to hope that the price doesn't get reduced to avoid running losses.

Cryptocurrency exchanges are not completely secure and i think that many people have this false impression. When you look at any exchange you do not have the private key and hence the funds you have there is not technically yours.

 

[ElPaule]

Some crypto exchanges have an option for Trading Balance.

When we need to trade crypto, we first transfer them from the main balance to the Trading Balance. At times, I forget to transfer the balance crypto, if there are any after trading back to the main balance.

So it is safe to keep those crypto on the trading balance? Has anyone faced any problems because of that?

depends what you wanna do with the crypto. If you are trading then it is fine to keep it there but as long term store, it might be recommended to use a wallet where you control the key

 

[AudraMiller]

depends what you wanna do with the crypto. If you are trading then it is fine to keep it there but as long term store, it might be recommended to use a wallet where you control the key

Even when it comes to trading cryptocurrency i find that it can be quite dangerous to keep a large amount on certain exchange platforms especially with the number of exchange hacks seeming to increase drastically recently as well.

 

[AliForexTalks]

Yeah it's safe.

 

[AudraMiller]

Yeah it's safe.

When commenting on this forum, please try to substantiate your comment as far as possible, for example the reason behind why you think it is safe, as opposed to just answering the question with a couple words. This sort of comment is not allowed in this forum and is viewed as a spam comment, and may result in your account being warned or even banned in the future.

Hope this helps. And i wish you all the best moving forward in this forum.

 

[silentwatch]

No problemo my man.
I used my Bitcoin balance to margin and also spot market so i can control my trading strategy and my goals. Its oke... Just know it when you have to open your trade position

 

[ElPaule]

Even when it comes to trading cryptocurrency i find that it can be quite dangerous to keep a large amount on certain exchange platforms especially with the number of exchange hacks seeming to increase drastically recently as well.

there are many scenarios why it is not ase use store for larger amount. The most important is that you do not have control over the keys. It's ok as long as you're trading but as soon as larger amounts are bee untouched I'd move it to an safer wallet.

 

[Josemendez]

It doesn't affect bitcoin price if it is on trading wallet of main wallet. The important thing is that the person didn't sell the bitcoin at a cheap price