Quote (Voyaging @ Jan 4 2018 07:01pm)
I'll check out /biz/ too then.
Dumb noob question, what exactly is the relationship between wallets and exchanges? Can I keep my funds in a wallet and trade them with exchanges, or do I have to individually send the funds to the exchange and hold it in the exchange's "wallet" and then whenever I want it back in my normal wallet make a withdrawal? Cause BTC has a ton of huge send fees IME so just trying to find the best way too avoid too many send transactions. Dunno whether to get a separate wallet or just hold everything in one of the exchanges.
The latter. Wallets are for storage, and exchanges are for trading.
There are some websites that will allow you to exchange directly from your wallet, like Shapeshift and Changelly, but these aren't proper exchanges. They're more of crypto converters, really.