Hi guys. This is my first message. And BitBay is my first investment in cryptocurrencies also. I have fully synchronized the Halo wallet. But I'm still keeping my BAYs on Bittrex. I'm afraid of a collapse on my PC, a system failure on Halo.exe etc. Bad things happen to me very often and I don't want to lose my precious BAYs, nobody does. Anyway, how can i backup my wallet? And I would be glad if you give me some other advices about securing my BAYs. Thank you. Keep up the good work!
You should never keep much money on an exchange. A long history of exchanges being hacked speaks against it.
You can use the client or the Qt wallet. I recommend the client. Make several backups of your keys and remember a backup kept in your home does not help you if your house burns down.
For Qt wallet you need to backup a file called "wallet.dat"
For the client you need to backup "key1.private" and "key2.private" (the client is multisig. Much safer, but requires you to have both keys in order to transact)
You might also want to join our slack. A lot of noob questions are answered there every day.
http://bitbay.market/wp-login.php?action=slack-invitation