Post
Topic
Board Beginners & Help
Re: Where to keep BTC if I don't want to keep in exchange?
by
r32godzilla
on 07/09/2018, 11:33:26 UTC
A few weeks ago I got an email telling me that my password had been changed by someone on my poloniex account. So, I suppose therefore my account was hacked. Immediately I went to freeze the account and changed my password. But the thing is, I don't want to risk that happen again with a large amount stored in the exchange.

Where would be the best place to keep my BTC while I'm not trading with it in an exchange? I don't feel as if storing it on my own hard drive is very secure as hard drives can fail, and what can you do if that happens..?
The best thing which you could do is to store in desktop wallets like Electrum which I have been using for years and haven't encountered any problems.But you should ensure that you download such wallets from their official websites for example in this case,www.electrum.org.Otherwise your bitcoins might get compromised.