Quote from: dexycoin on June 16, 2017, 07:47:16 PM

Quote from: espante on June 16, 2017, 07:34:03 PM

Quote from: dexycoin on June 16, 2017, 07:30:52 PM

Quote from: espante on June 16, 2017, 07:05:44 PM

Your private keys work on any wallet.

The real risk with using your own wallet is if you aren't very secure with your computer. I think for a newbie or technically incompetent person an exchange is the safer option but if you know what you are doing its always best to store your private keys on your own device.

Meaning that I can use my Blockchain keys on Electrum Wallet? Huh

?

Yes you can. That and any other wallet. You just need to find the option to show you the private key or give you a key file. I think blockchain has the option to give you the actual private key string.

So If hackers get my private keys my Bitcoin can be looted from any Bitcoin Wallet?

Correct the raw private key acts like both your username and password in one, while a private key file will usually be encrypted with a separate password to enter while accessing it.