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Board Beginners & Help
Re: How to buy Bitcoin 101
by
_act_
on 31/08/2023, 21:52:09 UTC
Why did you copy and paste?

Confidential, Not Anonymous: Although the Bitcoin blockchain showcases transaction histories, it doesn't reveal personal details. Each transaction lists only the user's public key, ensuring confidentiality. However, it's essential to understand that this does not equate to full anonymity.
Public keys are nit addresses. What you are talking about are addresses.

Understanding Exchanges:
Cryptocurrency exchanges are often the go-to choice for aspiring Bitcoin investors. They offer a plethora of features and a wider variety of cryptocurrencies to choose from. Not only can users buy, sell, or hold their cryptocurrencies on these platforms, but they also facilitate transferring crypto to personal digital wallets for enhanced security.
Do not hold on exchanges, they are for trading.

Hardware Wallets: These are physical devices, such as the Ledger Nano S or Trezor, that store your private keys offline. Since they're disconnected from the internet, they provide a high level of security against online hacks.
Ledger wallet is one if the worse hardware wallets, it lacks privacy.