Post
Topic
Board Beginners & Help
Re: Kraken is Also a Wallet?
by
0RajA0
on 13/03/2018, 09:01:52 UTC
Hi everyone,
I would like to know if Kraken or others exchange are wallets too?
thanks
Yes you would. some online wallets you control the bitcoins other they control the bitcoins. So kraken, circle, coinbase they control the bitcoins therefore you need total trust in them.
blockchain.info bitgo.com greenaddress etc you control the bitcoins so you need no trust in them because even they disappear you can still access the coins. The prior are more ideal for those who are new and unsure about security.