RE: How To Withdrawal BitShares From Bittrex Account

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How To Withdrawal BitShares From Bittrex Account

in bitshares •  7 years ago 

Great bro! This is a life saver. Just made the switch. However after I make the switch is it actually in my wallet or on the exchange?

bitshares
7 years ago by

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      ·  7 years ago 

    At the time I did that transfer I was using the online wallet and it was on the online wallet and the exchange at the same time. For the wallet you have to download, I cannot answer to that. I don't keep BTS on the BTS exchange anymore unless I am actively trading then it gets removed from the exchange. I don't recommend keeping your BTS or any other crypto on any exchange unless you are actively trading it.

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        ·  7 years ago 

      So you think it's wise to download the wallet as well ?

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          ·  7 years ago 

        Yes, if you would like to keep your shares off of the exchange. Keeping your coins on exchanges can have very bad consequences. I'm not saying Bitshares in particular but exchanges in general. Your account can get hacked easier on an exchange.

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            ·  7 years ago 

          5 Bitshares for a transfer off Bittrex seems a bit steep compared to other coins don't you think?

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              ·  7 years ago 

            That's what I thought. Imagine when BTS is worth a lot more.

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