Post
Topic
Board Wallet software
Merits 2 from 1 user
Re: What Wallet Do You Store Your Bitcoin?
by
Stalker22
on 02/07/2023, 19:30:02 UTC
⭐ Merited by vapourminer (2)
~
Wouldn't it be best to store the BTC in a wallet that pays high interest?

No! If your wallet earns interest on the funds you hold, it means that it is a custodial wallet, and you are not the true owner of your coins; instead, you have entrusted them to the wallet provider for safekeeping. A recommended method for storing your coins is by using a self-custody, open-source wallet, such as Electrum or Bitcoin Core.