Post
Topic
Board Beginners & Help
Re: Are my bitcoins safe in blockchain.info?
by
odolvlobo
on 16/07/2017, 04:45:18 UTC
Are my bitcoins safe in online wallet www.blockchain.info for what happens on August 1?
I have my private keys & my account is fully secured.
I really need to know this Smiley
Probably not. Your coins were never safe with blockchain.info anyways since they continuously have security and usability issues anyways. If a chain split happens, you won't be able to decide on which chain you want to transact on, blockchain.info will choose that for you.
It is true that blockchain.info has had security and usability issues in that past, but unlike exchanges and other wallet sites, you have 100% control over your private keys.
Blockchain.info don't give control of private keys, this function was removed when they released new version of website. You only can to import private keys to blockchain.info wallet.

Your blockchain.info account 12 word recovery phrase is the "seed" that is used to generate all your private keys. It can be used by other compatible wallets, such as Trezor. You can move your blockchain.info wallet to another wallet at any time for any reason.