Control your private keys
Services like Coinbase and Circle offer Bitcoin wallets, but in reality control your private keys. Its best to use a wallet where you control your private keys. This is the only way to have full control of your funds and not have to rely on third parties for security.
Hi, I heard lots of non-flattery words about Coinbase and "better not to use attitude". Could you tell me why is that?
Trying to understand which are the best ones
Would appreciate any info
I only started getting more serious about Bitcoin and alt coins when I started blogging on Steemit and the majority of my connections have complained about Coinbase. Some complained of high fees, others complained about inconsistent servers, long down times for maintenance, and some were just complaining because there is a severe lack of good choices. So without any good or bad personal experience I've steered clear of those 3rd party services. There is so much to learn and the rabbit hole gets deeper. I like the idea of having control over my funds and have been seeking out offline cold storage for my accumulated alts.