Post
Topic
Board Beginners & Help
Re: What will happen to a wallet when the wallet company closes
by
sunsilk
on 15/05/2023, 10:55:41 UTC
Has any wallet company ever closed down before or experienced issue that affected holders Bitcoin?
Yes there have been some wallet companies that have closed already. Just like Multibit: Multibit is Deprecated - Stop using it

If you're planning to keep your coins for a long time @OP, the best way to do it is to use a hardware wallet. It has a price but that price is certainly going to give you a peace of mind.

Although some wallets can be used and also good in keeping your coins as mentioned by some in here like Electrum.