Post
Topic
Board Beginners & Help
Re: Which is safest wallet for bitcoin long term holding?
by
leonair
on 07/09/2023, 07:39:30 UTC
Hello guys with several wallets out there, I want to be sure make the right choice, because I have seen posts were members of this forum are complaining about some wallets and exchanges because of their unprofessional behavior.
So my question is, apart from electrum wallet which other wallet is the safest for long term holding of bitcoin?.

Any non-custodial wallet is good and safe for holding bitcoins. But if there is a very large amount like 0.5-1 BTC or more then it is best to use a hardware wallet. Hardware wallets always provide users with extra security compared to other wallets.  So it depends on how much money an investor will put into Bitcoin. Electrum, Coinbase, Trezor, Coinomi, Trustwallet. These wallets are not bad if you want to hold small amounts of bitcoins. But they are a bit risky when you go to hold large amount of bitcoins