Hi,
I ve read that some e-wallets restrict your account and ask for ID docs to unblock access to your funds (coinbase).
So, some people say that they don't leave their btc in wallets for long time, as soon they get BTC funds they exchange for FIATS and this is more secure.
I do not know much about fiats and all.
Can you point to a good tutorial or guide on how to do that? or share some lights to use BTC to keep they safe or a good site to exchange them for USD , like using Paypal as conversor?
Or any secure e-wallet that dont's ask for ID proof?
Thank you
1. To keep your BTC save you can create offline address by using BTC generator. But make sure you keep your private key save. You can get the generator here -
https://github.com/pointbiz/bitaddress.org . If you want to use on blockchain.info later just import the private key.
2. FIAT is gov issue currency like USD, EUR, CAD, JPY, ext.., there are many exchanger but if to transfer direct to my local bank i do prefer localbitcoin -
https://localbitcoins.com/. They also have option like paypal, skrill and many more. Always choose 100% trust seller.
3. To be save, always change your btc address or generate new one after making a transaction. If the balance just transfer to the new one.