Jump to content
AskTraders Trading Community
  • 0

Will my Bitcoin be stolen?


Lillian McKenna

Question

1 answer to this question

Recommended Posts

  • 0

Hi Lillian, I think its great that you are dipping your toes in the crypto trading/investing pool, which many investors are still hesitant to acquire including Warren Buffett. The good news is that you can store your bitcoin safely using an online wallet such as blockchain.comĀ among others. You can also store your bitcoin using a paper wallet, which is a written record of your bitcoin address, a desktop wallet, or a physical wallet in the form of a USB drive.

For most people, an online wallet is the easiest option and I'd recommend the same for a beginner. Now, you might be wondering why I would recommend an online wallet. Well, the simple reason is that they are much safer than storing your bitcoin directly on an exchange, which are the ones that are mostly hacked. However, the top online wallets are offered by reputable exchanges and these are quite reliable.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. To reply to this question, sign in or create a new account.

Guest
Reply to this question

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...