Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: jangan on September 24, 2018, 06:07:30 PM
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I have some BTC. I stored them in coinbase. But recently I heard that coinbase banned many users account without any warning. I am afraid of it.
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I think the safest way to store bitcoins is through cold storage or paper wallet because it never connects to the internet,thus there is no chance it can get hacked unless they brute force your private key which is theoretically impossible.The reason for its advantage is that cold storage is technically creating a system that does not connect to the internet.
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I reccomend you to not leave your coins on ANY exchange, please withdraw them to a safe wallet, better if it's an hardware one like Ledger nano S or Trezor.
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Hot wallets are connected to the internet, whereas cold wallets are completely offline. Cold wallets are generally the more secure of the two wallets, so they are recommended particularly for the storage of large amounts of assets.
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Earlier I used to save my btc in different different exchanges. When I came to know about hardware wallets I bought trezor wallet from that day I am always fully assured that my btc is very much secured in trezor wallet.
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Use a wallet in which you might be able to control your funds. A wallet that might provide you with a private key. Such as blockchain.info or coinomi wallet. As well as you can use hardware
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I'm using coins.ph wallet for my btc cause it's easy for me to convert into PHP just in case i need cash for emergency used, coins.ph wallet have btc, ethereum, bch and xrp and it's easy to use and no hassle.
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I have some BTC. I stored them in coinbase. But recently I heard that coinbase banned many users account without any warning. I am afraid of it.
I did not download or have any wallet for bitcoin storage, i store them at Binance exchange instead. A word of advice is that store your coins only at reputable exchange to lower the risk of being hack.
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storing the safest crypto is in a personal wallet that is offline or harward wallet, this makes you much safer and more comfortable when using it later
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I have some BTC. I stored them in coinbase. But recently I heard that coinbase banned many users account without any warning. I am afraid of it.
Thats the report and users are afraid off! you must used a wallet that you have a Full control on it. meaning those you can have a private key im using jaxx and coinomi?!
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I have no new business wallet to save Bitcoin. I use Wallet from Exchange to save Bitcoin from the results of selling tokens that get in bounty. Wallet from Blockchain I think is good to save Bitcoin.
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In my opinion, one of the good swifts is Electrum, Electrum is world-renowned Bitcoin as one of the most popular 'thin clients' for storing Bitcoins, and the Android app also doesn't disappoint.
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I prefer to keep bitcoin not in one exchange, I save it in several exchanges and trades in it, because sometimes in some exchanges like there is a difference in price in it, indeed only a few but we can use it.
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Urgently transfer your bitcoins from this exchange on your wallet intended for bitcoins, I suggest you to choose either blockchain or xapo, I store my bitcoins on these two wallets.
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The best option to store your coins is in hard-wallets and if you don't have this option then your second best option is to store them in any wallet that you can have control over your private keys, other than this your coins will not be 100% safe. There are some exchanges that can be safe but still, you should only keep on them what you use daily and don't store on them your holdings.
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I store my bitcoin to Blockchain wallet. I think it is quite safe and many people use it. I've just stored bitcoin there in this year. My friend suggested me to store there for safety reason. So, I also shared my experience to you.
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I have some BTC. I stored them in coinbase. But recently I heard that coinbase banned many users account without any warning. I am afraid of it.
For couples months ago i used Citowise wallet to store my bitcoin, it is safe of wallet of bitcoin the other reason i used Citowise wallet is i can store other cryptocurrencies such as ethereum, ethereum classic, Citowise token and any other token erc20 of ethereum. It is good wallet for me because i can store alot of cryptocurrencies in one application and it is free and safe. You can check the official announcement of Citowise wallet on here to get more information about the wallet here https://www.altcoinstalks.com/index.php?topic=40284
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I only use my Ledger Nano S, it's safe and it's quite cheap. If you want to buy I reccomend you to buy it ONLY on their official website so that you are sure that noone has seen your seed recovery phrase 8) 8)
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I store my BTC on my coins.ph account. A local digital wallet here in my country. It is easy to access and so far I do not have any issue with regards on their service.
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I have some BTC. I stored them in coinbase. But recently I heard that coinbase banned many users account without any warning. I am afraid of it.
I use an external wallet or hardware wallet that I am incharge of its private key. I suggest you use blockchain.com mobile wallet
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There are several different types of wallets you can use to store and manage your digital assets. The features and functions of the different types of wallets are all dependent upon the asset being stored and unique design of that wallet. Use the following resource to help choose the best wallet for your coins and coin preferences. The examples selected here are just a few of the many of options available for you to choose from. Any type of digital asset wallet is either classified as a 'hot' or 'cold' wallet based off of their connectivity to outside networks. Hot wallets are connected to the internet, whereas cold wallets are completely offline. Cold wallets are generally the more secure of the two wallets, so they are recommended particularly for the storage of large amounts of assets. Hot wallets are recommended for use in transactions, trades and for assets that you would like to have frequent access to.
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The features and functions of the different types of wallets are all dependent upon the asset being stored and unique design of that wallet. Use the following resource to help choose the best wallet for your coins and coin preferences.
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I have been using blockchain.com and honestly this has been going well with me, I have not had any negative issues with it.
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I stored my bitcoins on my local exchange (indodax) and blockchain wallet. I don't know these wallets quite safe or not exactly. But I don't keep them on the wallets for long time. I just stored there for a moment and for the reason of selling only.
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There are the lot of online wallets to store BTC. But in my opinion, the hardware wallet is the best to store Bitcoin.
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I only use and trust MEW wallet and i
use this already for 2 years and it seems and i did not encounter any problems from using.