We believe that while exchanges are convenient for buying and selling Bitcoin, they should not be used as wallets. By keeping your Bitcoin in a personal wallet, you ensure that you are in control of your funds at all times. If you’ve purchased Bitcoin on an exchange, we advise transferring it to a personal wallet to have full control over your funds.
When it comes to holding Bitcoin, we want you to be confident and secure
Always use a strong, unique password for your wallet.
It’s essential to create a robust password that’s hard to guess. Use a combination of letters, numbers, and symbols, and avoid common words or phrases. Each wallet should have its own unique password to prevent one breach from compromising all your assets.
Keep your private keys private; never share them with anyone.
Your private keys are the gateway to your Bitcoin. They should be kept secret at all times because anyone with access to them can control your funds. Store them in a secure location, such as a locked safe or an encrypted file, and consider making backups.
Enable two-factor authentication (2FA) for an added layer of security.
Two-factor authentication requires a second form of verification in addition to your password. This could be a code sent to your phone or generated by an app. It ensures that even if someone discovers your password, they can’t access your wallet without the second factor.
Consider using a hardware wallet for the best security.
Hardware wallets are physical devices that store your private keys offline, making them immune to online hacking attempts. They are considered one of the safest ways to store Bitcoin, especially for significant amounts or long-term holdings.
Our Wallet Recommendations, Simple to Use for Starters
*Always remember that the choice of wallet should align with your needs and the level of security you’re comfortable with.
How to Transfer Bitcoin Off an Exchange?
