Post
Topic
Board Bitcoin Discussion
Re: -what are the best Bitcoin wallets?
by
OcTradism
on 24/01/2021, 15:12:22 UTC
I kept my Bitcoin on Binance since 2017 and I feel pretty safe. Pretty dumb move but so far have not been hacked. However, the new bullrun is approaching and anything can be expected to happen.
Mightiest have fallen before, so I'd like to play it safe.

what Bitcoin wallets would you recommend for storage? or any other viable solutions?
Binance is a good exchange and you can trust it. For your lifespan, you need  custodial wallets to store your bitcoin. The same way whales, institutes move their bitcoin from exchanges to their wallets (cold wallets maybe).

https://electrum.org/#download
https://bitcoin.org/en/bitcoin-core/

Electrum is lighter and does not require huge data space to store the blockchain data on your computer. With bitcoin core, you can use prune node if you don't have enough data space but prune node has its flaws (resync wallet from genesis block).