Re: 🔄🔄🔄🔄 ―――― ▲ MOIN ――― 2 Years On, Still Going Strong! ――― 🔄🔄🔄🔄
Hello, i am a new to all this and i have a lot of coins in an exchange. I want to store my coins somewhere that cannot by lost by closing the exchange to someone steal them. Can anyone tell me what to do exact? I will sent some 100 usd in Moin coins to the one who tell me exact what to do.
Step by Step. Thank you everyone and i hope good fortune to everyone.
Step by Step. Thank you everyone and i hope good fortune to everyone.
I would suggest you download the official Moin Wallet and send your coins there. Your coins should be safe there plus if you enable staking you will receive around 10% rewards in Moin a year. Also, do the backup of the wallet and store it somewhere safe (external drive) in case something happens to your laptop. Also, encrypt your wallet with the password.
You can download the official wallet here:
https://github.com/MOIN/MOIN/releases/tag/v1.2.0.0
Just follow the instructions.
If you need further help you can PM me (I'm not associated with Moin, just a supporter). Jookly is community manager and he can also help you if you have any problems in the future. Also, Vella85 is a long term supporter and helper from what I learned and he will probably suggest more helpful advice.
Welcome to community and happy staking
Yes as Ferdo suggested, the only way to be sure that your coins are safe is to download the wallet for that particular coin and have the coins sent to the wallet. And also you encrypt your wallets with strong passpharse so it makes it difficult for hackers to hack your wallets. Also you never want to store coins on these pools for staking because we never know if they can run with our coins so like I always say its best to store your coins in your own wallet.
There are a few other ways like storing them in cold storage and even on paper wallets, not sure if MOIN has a paper wallet? maybe Jookly or the dev can answer that one.