Post
Topic
Board Beginners & Help
Re: How to send BTC to BInance from cold storage
by
Sarah Azhari
on 01/12/2022, 08:50:35 UTC
Electrum is a wallet that you can make it offline, this is different like online wallet such as binance,
Binance isn't a wallet. It's an exchange.
A beginner or Newbie like OP (when entering first time in bitcoin) will assume exchange like Binance is a wallet that keeps his private key, I said that because I used to think so before.

Alternative wallet that you can use beside electrum is the bitcoin core wallet or Hardware wallet
I doubt bitcoin core is suitable for OP. For using bitcoin core, OP will have to download the full blockchain.
As already suggested, the best option for OP is electrum and I don't think he/she needs any alternative wallet.

It's not a big problem for OP to begin knowledge, bitcoin also has a dump private key that can he use it, so when if he doesn't want to download full blockchain, that private key he can import back to electrum.

Besides that, in here we have a lot of enough experience people to teach him when having a problem with it.