Not your keys - Not your bitcoin.
Keeping your Bitcoin on an exchange such as Coinbase base is not recommended they can be hacked, go bust or the government could just decide to take over. They hold the keys to your Bitcoin - not you.
Not your keys - not your Bitcoin.
Not your keys - not your Bitcoin.
Remove it to your storage device ASAP
With regular money there are varying levels of security that depend on your circumstances & amounts.
You may be happy keeping £200 pounds in your wallet but not £200,000.
You may be happy keeping £200 pounds in your wallet but not £200,000.
Software Wallets
Software wallets on your phone have the convenience of always being to hand but are not as secure as Hardware wallets because they are connected to the internet.
Software wallets can be for Desktop or Mobile phone and sometimes both. Treat a software wallet like your regular wallet, for keeping a small amount - NOT your life's savings.
Lightning Wallets Lightning wallets are for instant payments. These are usually contained within the Bitcoin wallet apps such as Green Wallet & Blue Wallet.
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![]() Exodus an excellent easy to use multi currency desktop wallet where you can exchange between currencies -in app- ElectrumCasa
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Hardware wallets.
Hardware wallets are NOT connected directly to the internet & only connected briefly through specially designed hardware so are virtually impossible to hack online.
Coinkite Coldcard
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Ledger
While this is probably one of the best hardware wallets- Due to PRIVACY CONCERNS I DO NOT RECOMMEND Ledger wallet UNLESS it's in conjunction with Wasabi wallet (see vid) not the Ledger Live that comes with it.
Possibly KYC AML Legislation or the wallets support for shitcoins has forced these companies to log far more privacy details than is necessary for Bitcoin only. |
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"Physical" Bitcoin
Physical Bitcoin Revolutionary ? A bit like handing over cash, physical Bitcoin is now a thing but how do you know they haven't copied your private key before hand ?
Opendime Opendime is a small USB stick that allows you to physically spend or give away Bitcoin like a dollar bill. Pass it along multiple times. Connect to any USB to check balance. Unseal anytime to spend online. Trust no one.
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Offline Cash We’ve combined currency-grade printing with secure NFC chips to create the easiest to use cold storage product. Electronic cold storage meets secure printing. offline.cash
Tangem This is a great idea from Tangem if they can pull it off. Being bale to spend Bitcoin just like pound notes could be awesome but how do you know they're not fake ?
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CoinDebit
Transfer Bitcoin to a Debit Card with CoinDebit
Convert your Bitcoin into a virtual, prepaid card that can be used all over the internet within minutes ! |
Multi sig Wallets
For 10x security multi signature wallets offer the highest security.
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Other resources
Here's a real good wallet guide from bitcoin.org